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Tag Archives: govcon

Engility Beats Wall Street 2Q Earnings Estimate, Adjusts FY 2015 Guidance

Engility Corp. (NYSE: EGL) has reported fiscal year 2015 second quarter earnings of 51 cents per share,  a figure that exceeded Wall Street analysts’ forecasts by five cents. The Chantilly, Va.-based government services contractor also raised its FY 2015 earnings guidance to a range of between $2.05 and $2.50 per share from …

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Kent Statler: Rockwell Collins Makes SATCOM Market Push Through ICG Acquisition

Rockwell Collins (NYSE: COL) has bought satellite-based data and voice communications technology firm International Communications Group for $50 million upfront plus up to $14 million in additional consideration. Kent Statler, executive vice president and chief operating officer of Rockwell’s commercial systems business, said Thursday the company plans to add ICG’s SATCOM …

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NAVSUP Taps CSC, Serco for $86M Program Mgmt Services IDIQ

Computer Sciences Corp.  (NYSE: CSC) and Serco Inc. have won positions on a potential five-year, $86 million contract for program management support services to the U.S. Navy’s Naval Supply Systems Command Business Systems Center for the ordnance information platform. The service branch awarded a task order worth approximately $40 million to CSC …

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AFP: Spain Plans to Buy 4 General Atomics Reaper Drones

Spain plans to buy four Reaper unmanned aerial vehicles and two ground stations from General Atomics for $27 million as part of a larger five-year, $187 million drone spending program, Agence France-Presse reported Thursday. The report said the budget for the future purchase is included in the Spanish defense ministry’s 2016 …

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Walsh Gilbane JV Gets $206M Army Replacement Lab Construction Contract

Chicago-based nonresidential construction firm Walsh Gilbane JV has been awarded a potential four-year, $206 million contract to build a replacement laboratory for the U.S. Army. The service branch received five proposals for the firm-fixed-price contract with options via the Internet, the Defense Department said Thursday. Walsh Gilbane JV will carry …

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Chris Hernandez, Mary Petryszyn Take VP Roles at Northrop; Tom Vice Comments

Northrop Grumman (NYSE: NOC) has appointed Chris Hernandez and Mary Petryszyn to vice president roles within the company’s aerospace systems. Hernandez will be responsible for technology development and prototyping of scaled composites within the new research, technology and advanced design group, Northrop said Thursday. Petryszyn will oversee the newly formed …

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Daniel Keefe: ManTech Extends Unmanned Maritime Systems Support Under $174M IDIQ

ManTech International (Nasdaq: MANT) has been awarded a potential three-year, $174 million prime contract to support unmanned technologies for the U.S. Navy‘s surface and subsurface mine countermeasures operations. The company said Friday it will collaborate with Space and Naval Warfare Systems Center Pacific to design, build, install, test and field …

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August 6 Market Close: GovCon Index Declines, Media Selloff Sinks US Markets

The GovCon Index gave up nearly half of its gains from Wednesday’s trading session to record a loss of 0.309 points and close at 76.497 Thursday. Orbital ATK (NYSE: OA) led Index gainers at 6.92 percent to 76.82 after the company reported second quarter earnings and revenue that beat Wall Street expectations. Huntington Ingalls …

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Lockheed Unveils Air Traffic Control System for UAS Pilots

TYSONS CORNER, VA August 6, 2015 — ExecutiveBiz reported Tuesday on Lockheed Martin (NYSE: LMT) rolling out a traffic management tool that would allow unmanned aircraft systems controllers to share flight information with other UAS pilots. The UAS traffic manager feeds UAS flight plans to the Federal Aviation Administration’s National …

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Raytheon Surveys Cyber Pulse Among Industries, Sectors

TYSONS CORNER, VA August 6, 2015 — A Raytheon-commissioned (NYSE: RTN) study has found differences in how industries and sectors view cybersecurity and how best to build their defenses against an attack, ExecutiveBiz reported Wednesday. Among industries, information security officers in finance and healthcare tended to be more cautious in …

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