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Tag Archives: govcon

Serco Inc. Eyes IT Support Task Orders Under $213M Navy IDIQ; Dave Dacquino Quoted

TYSONS CORNER, VA, November 13, 2018 — Serco Inc. will work to provide information technology support for U.S. Navy analysts, program managers, officers and personnel via its position on a potential $213M contract, ExecutiveBiz reported Oct. 12. Serco Group‘s North American subsidiary said Oct. 11 it will bid on task orders under the multi-award, indefinite-delivery/indefinite-quantity …

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Engility Named Nonprofit’s Partner of the Year for Vet Hiring; Lynn Dugle Quoted

TYSONS CORNER, VA, November 13, 2018 — Engility (NYSE: EGL) has received recognition as the Center for Cyber Safety and Education’s “Partner of the Year” for 2018 due to the company’s efforts to recruit military veterans for cybersecurity positions, ExecutiveBiz reported Oct. 11. The nonprofit charitable trust said Oct. 9 it previously worked …

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Novetta Buys Berico in Cloud Engineering Push; Tiffanny Gates Quoted

Novetta has acquired Reston, Va.-based information technology services contractor Berico Technologies for an undisclosed sum in a move to broaden its cloud engineering capabilities and advance growth efforts. Novetta said Monday it completed the purchase on Nov. 7 and Baird acted as Berico’s exclusive financial adviser in the transaction. “We …

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Former Northrop Exec Christopher Voci Joins CACI as SVP, Corporate Controller; Ken Asbury Quoted

Christopher Voci, former vice president and controller of Northrop Grumman‘s (NYSE: NOC) innovation systems unit, has been named senior VP and corporate controller of CACI International (NYSE: CACI). Voci will oversee CACI’s accounting and financial reporting functions and help ensure its compliance with the Sarbanes-Oxley Act, the company said Tuesday. He previously served as …

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KBR Unit Lands $62M Navy Contract Modification for Diego Garcia Facility Support

TYSONS CORNER, VA, November 13, 2018 — A business unit of KBR (NYSE: KBR) will continue its support for a U.S. Navy facility in the British Indian Ocean Territory atoll known as Diego Garcia under a $62M contract modification, ExecutiveBiz reported Monday. The Defense Department said Friday the modification exercises the first …

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General Dynamics BIW Begins Construction of Navy’s USS Patrick Gallagher Destroyer

TYSONS CORNER, VA, November 13, 2018 — A subsidiary of General Dynamics (NYSE: GD) has moved to construct the final Flight IIA-configuration, Arleigh Burke-class guided missile destroyer that will eventually join the U.S. Navy fleet, ExecutiveBiz reported Monday. The Naval Sea Systems Command said Friday General Dynamics Bath Iron Works is …

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McAleese & Associates Assesses Defense Spending Trends

A report by consulting firm McAleese & Associates says investors should expect the defense budget for fiscal years 2020 and 2021 at a range of $700B to $716B per year. Jim McAleese, founder and principal at McAleese & Associates, wrote in the report that the Pentagon’s overall budget in FY 2019 demonstrates …

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Report: General Dynamics Posts 13% Increase in Q3 Mission Systems Segment Revenue

McAleese & Associates has provided an overview of General Dynamics’ (NYSE: GD) financial results in the third quarter of 2018. The Falls Church, Va.-based defense contractor’s mission systems sector reported a 13 percent increase in Q3 sales with an operating margin of 14.6 percent, reflecting an 18 percent growth in …

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Symantec’s Chris Townsend: Agencies Should Advance Cyber Tech Interoperability Through Standardization

Chris Townsend, vice president of federal business at Symantec (Nasdaq: SYMC), has said agencies should work with industry to standardize cyber tools used to secure networks, endpoints and data in order to facilitate information sharing with other platforms. “Reducing complexity through standardization can enhance protection at every level and support …

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Perspecta Awarded $486M Navy, Marine IT Network Support Extension; Mac Curtis Quoted

Perspecta (NYSE: PRSP) has secured an eight-month, $486M contract modification to extend information technology support services under the Department of the Navy’s Next Generation Enterprise Network program. Space and Naval Warfare Systems Command issued the modification to extend a previously awarded indefinite-delivery/indefinite-quantity contract’s potential ordering period from Oct. 1, 2019 to May …

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