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Tag Archives: govcon

Day1 Solutions Buys Vazata’s Public Sector Business

Cloud computing services company Day1 Solutions has acquired the public sector business unit of Vazata for an undisclosed sum and forged a hybrid cloud alliance with Vazata. Day1 Solutions said Tuesday it now owns Vazata’s infrastructure offering and cloud tools for the FedRAMP cloud initiative, as well as the latter company’s data center …

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Navy Orders $149M in Raytheon SM-6 Rounds; Mike Campisi Comments

Raytheon (NYSE: RTN) has been awarded a $149 million contract modification to produce additional Standard Missile-6 systems for the U.S. Navy. The company will assemble the 74 SM-6 rounds, spares, containers and services at its Huntsville, Alabama-based facility, Raytheon said Tuesday. “Combatant commanders want their deployed ships armed with as many …

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Thales Raytheon JV to Update NATO Missile Command, Control System; Philippe Duhamel Comments

Thales Raytheon Systems has been awarded a $103.3 million contract to update the missile defense command and control system of NATO. The upgraded system would connect NATO’s Ramstein, Germany-based air command to national sensors and interceptors in order to implement missile defense plans, NATO said May 11. Thales Raytheon Systems will …

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Dean Bakeris Joins ICF International as Cybersecurity VP; Samuel Visner Comments

Dean Bakeris, formerly director of business development at BAE Systems, has joined ICF International (Nasdaq: ICFI) as vice president of the cybersecurity team. He will be responsible for the company’s federal business development initiatives in cybersecurity, ICF said Tuesday. “He will be a great asset to ICF’s continued growth in …

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Report: BAE, General Dynamics Awarded Army Combat Vehicle Design Contracts

BAE Systems and General Dynamics (NYSE: GD) have been awarded contracts worth a combined $56 million to develop conceptual designs of an armored ground vehicle for the U.S. Army, Defense News reported Tuesday. Joe Gould writes the companies will also perform trade studies, requirements analysis, modeling, simulation and capability assessments through …

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June 2 Market Close: GovCon Index, US Stocks Trade in Narrow Range as Greece Debt Pact Emerges

The GovCon Index closed with a nominal loss Tuesday and finished at a slight decline of 0.116 points to end at 76.67. U.S. stock indices ended Tuesday’s trading session with nominal declines as investors learned Greece and its creditors have agreed on a new deal to present this week, according to CNBC. The Dow …

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General Dynamics Electric Boat Secures $46M Navy Sub Maintenance Planning Contract

TYSONS CORNER, VA June 2, 2015 — ExecutiveBiz reported Monday on General Dynamics (NYSE: GD) Electric Boat securing $46.4 million U.S. Navy contract to help plan the maintenance and modernization work on the Los Angeles-class USS Montpelier nuclear-powered submarine. The work, with a potential to reach $259.6 million if all …

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Mike Leff: NS2020, EIS ‘Well Aligned to Where Industry is Headed ‘

TYSONS CORNER, VA June 2, 2015 — ExecutiveBiz reported Monday on Mike Leff, AT&T (NYSE: T) Government Solutions vice president for civilian government business, indicating the General Services Administration’s $50 billion, 15-year Enterprise Infrastructure Solutions telecom contract as “well aligned” with the changing landscape and requirements of the industry. Leff …

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Eileen Drake Named Aerojet Rocketdyne CEO; Warren Lichtenstein Comments

Eileen Drake, formerly chief operating officer at Aerojet Rocketdyne (NYSE: AJRD), has been appointed succeed Scott Seymour as the rocket and missile propulsion maker’s president and CEO. Aerojet Rocketdyne said Monday Drake will also become a member of the GenCorp subsidiary’s board of directors following Seymour’s retirement. Warren Lichtenstein, chairman of Aerojet Rocketdyne’s board of …

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US, Japan Reach $1.7B Northrop Hawkeye Aircraft Sale Deal

Japan has ordered Northrop Grumman-built (NYSE: NOC) E-2D Advanced Hawkeye planes from the U.S. government through a potential $1.7 billion foreign military sales transaction approved by the State Department. The deal covers four E-2D airborne early warning and control aircraft units, 10 installed and spare engines, four radars and eight …

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