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Tag Archives: govcon

Lockheed to Funnel $460M Tax Reform Savings to R&D, Venture Fund, Employee Programs

TYSONS CORNER, VA, June 11, 2018 — Lockheed Martin (NYSE: LMT) aims to shift an estimated $460 million in savings the company said it generated through the recent U.S. tax reform law toward research and development as well as investments in technology startups, ExecutiveBiz reported Friday. The company said Thursday part …

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CACI to Support GEOINT Validation, Integration Under NGA’s ‘Janus Geography’ Effort; Ken Asbury Comments

TYSONS CORNER, VA, June 11, 2018 — CACI International (NYSE: CACI) will help develop, validate and integrate geospatial intelligence data with the National Geospatial-Intelligence Agency‘s Janus Geography program as part of work under a previously awarded $920 million multi-award contract, ExecutiveBiz reported Wednesday. The company said Wednesday it will utilize its background in …

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Booz Allen Partners With UiPath in Robotic Process Automation Push for Fed Agencies

TYSONS CORNER, VA, June 11, 2018 — Booz Allen Hamilton (NYSE: BAH) has entered into a partnership with UiPath in an effort to advance the adoption of robotic process automation at federal agencies, ExecutiveBiz reported Friday. UiPath said Thursday it will leverage its RPA platform and Booz Allen’s management and information technology …

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Harris Receives $400M Contract Modification AIDEWS Production

Harris (NYSE: HRS) has secured a $400 million fixed-price-incentive-firm contract modification to develop and deliver its Advanced Integrated Defensive Electronic Warfare Suite offerings to foreign military sales clients. The Defense Department said Friday the Melbourne, Fla.-based firm will provide Electronic Combat International Security Assistance program customers with different countermeasures dispensing systems …

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ICF Gets Potential $189M FEMA Grant for Puerto Rico Disaster Recovery Support

ICF (Nasdaq: ICFI) has secured a potential 37-month, $188.8 million grant to help the the Federal Emergency Management Agency review grant claims and formulate projects related to disaster recovery efforts in Puerto Rico. The company said Friday in a regulatory filing with the Securities and Exchange Commission it will provide assistance to help Puerto Rico’s government recover from Hurricanes …

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Triad National Security Wins Potential $25B DOE Los Alamos Lab Mgmt, Operation Contract

Triad National Security has won a potential 10-year, $25 billion contract from the Energy Department’s National Nuclear Security Administration to manage and operate the Los Alamos National Laboratory in New Mexico. The contract has a base term of five years and five option years with an estimated value of approximately …

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Reports: Inmarsat Turns Down EchoStar’s Takeover Offer

Inmarsat has declined to accept Colorado-based EchoStar’s (Nasdaq: SATS) takeover bid, saying the offer “undervalued” the U.K.-based satellite communications provider, Reuters reported Saturday. “After carefully considering the proposal with its advisers the board rejected the proposal on the basis that it very significantly undervalued Inmarsat and its standalone prospects,” Inmarsat …

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Culmen Buys PlanetRisk’s Federal Services Business; Dan Berkon Comments

Alexandria, Va.-based technical and management services contractor Culmen International has bought the federal services business of PlanetRisk for an undisclosed sum in a push to grow technology and expertise offerings in the federal market. Culmen CEO Dan Berkon said in a statement released Friday the company aims to establish new customer relationships within …

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Boeing Gets $862M Super Hornet Full-Rate Production Contract Modification

The U.S. Navy has awarded Boeing (NYSE: BA) a two-year, $862.2 million contract modification to fund the full rate production of lot 42 Super Hornet multirole aircraft. Boeing will produce 15 units of the F/A-18E variant and and 3 of the F/A-18F variant for the service branch under the modified …

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Dynetics to Produce Small Glide Munitions for SOCOM Under $470M IDIQ

Dynetics has landed a potential $470 million sole-source contract to manufacture GBU-69/B Small Glide Munitions for the U.S. Special Operations Command. USSOCOM will obligate $10.4 million in fiscal 2016 procurement funds at the time of award, the Defense Department said Friday. The company will perform majority of work in Huntsville, Ala., over five ordering periods and could extend …

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