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Tag Archives: govcon

DOJ Clears UTC’s $30B Purchase of Rockwell Collins

The Justice Department has given antitrust approval to United Technologies Corp. (NYSE: UTX) to pursue its approximately $30B acquisition of Rockwell Collins (NYSE: COL), Bloomberg reported Tuesday. UTC announced in September 2017 that it agreed to pay approximately $23B in cash and stock and assume $7B in net debt from the Cedar Rapids, …

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HII Ingalls Shipbuilding Secures $97M USCG Contract for 11th National Security Cutter Components

The U.S. Coast Guard on Friday awarded Huntington Ingalls Industries’ (NYSE: HII) Ingalls Shipbuilding division a $97M firm-fixed-price contract to procure materials for the 11th National Security Cutter. HII said Monday it will purchase long-lead items such as main propulsion systems, steel, generators, electrical switchboards and major castings for the Legend-class vessel …

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GSA Unveils 12 Awardees for USDA’s Centers of Excellence Phase II; Emily Murphy Quoted

The General Services Administration has awarded contracts to 12 companies to support the Department of Agriculture’s information technology modernization efforts under the second phase of the Centers of Excellence program. USDA serves as the first “lighthouse” agency for the CoE program and the Phase II awards came two months after …

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Boeing Gets $160M Army Contract for Chinook Rotor Blade Logistics Support

Boeing (NYSE: BA) has landed a five-year, $160M contract to continue providing logistics management and overhaul support for the U.S Army‘s H-47 Chinook helicopter rotor blades. The company said Monday it will repair, maintain, overhaul and manage stock availability of rotor blades used in the service branch’s more than 450 Chinooks. …

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Northrop Receives $289M Contract to Continue Development Work on IAMD Battle Command System

Northrop Grumman (NYSE: NOC) will extend its system development work on an air and missile defense platform for the U.S. Army under a $289M contract. The company said Monday the contract involves modernizing the engagement operations centers and integrated fire control network relays of the Integrated Air and Missile Defense Battle …

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Report: AM General Could Seek Potential Buyers

AM General has tapped financial services firm Macquarie Group to seek out buyers for the South Bend, Ind.-based military ground vehicle manufacturer, Reuters reported Tuesday. Reuters estimates AM General is worth more than $2B based on the company’s recent contract wins and its limited liability corporation structure, which could offer a …

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Raytheon Updates Air Force AOC Weapon System Software via Agile Method; Todd Probert Quoted

TYSONS CORNER, VA, October 1, 2018 — Raytheon (NYSE: RTN) has implemented an agile development approach to update the baseline software of the Air and Space Operations Center Weapon System used by the U.S. Air Force, ExecutiveBiz reported Sept. 19. FlightGlobal reported Sept. 19 that the agile method has worked …

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ACT I Up for Greater Washington ‘Contractor of the Year’ Award; Michael Niggel Quoted

TYSONS CORNER, VA, October 1, 2018 — Advanced Concepts and Technologies International has been named a finalist for a Greater Washington Government Contractor Award as the “Contractor of the Year” in the category for companies with $25M to $75M in annual revenue, ExecutiveBiz reported Sept. 20. ACT I CEO Michael Niggel …

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Jacobs, NASA Hold Final Qualification Test on Parachute System for Orion Re-Entry

TYSONS CORNER, VA, October 1, 2018 — Jacobs Engineering Group (NYSE: JEC) has collaborated with NASA to complete a series of tests on a parachute system that will be used for the Orion spacecraft’s re-entry into Earth upon the conclusion of its mission, ExecutiveBiz reported Friday. The company said Thursday the …

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Cubic to Provide Mobile App for Update of SF Bay Area’s Fare Payment System

TYSONS CORNER, VA, October 1, 2018 — A Cubic (NYSE: CUB) business unit will work with Microsoft (Nasdaq: MSFT) to update the smart card-based fare payment technology serving the San Francisco Bay Area under a $394M contract from the region’s transportation agency, ExecutiveBiz reported Friday. Cubic Transportation Systems said Thursday it will …

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