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Raytheon to Update Japan’s Phalanx Weapon Systems; Rick Nelson Comments

Raytheon (NYSE: RTN) has won a multiyear,  $200 million contract to upate the close-in weapon systems of Japan’s maritime self-defense force. The company will provide upgrade kits, support equipment and hardware spares for the Phalanx weapon systems, Raytheon said Thursday. “Phalanx provides the critical inner-layer of protection to sailors around the globe against threats that …

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Richard Montoni: MAXIMUS to Add Healthcare Workers for UK Benefits Assessment Contract

MAXIMUS‘ (NYSE: MMS) U.K. subsidiary has been selected for a potential five-year contract to assess individuals in the country that apply for disability benefits. The U.K.’s department for work and pensions will use MAXIMUS’ assessment results to determine an applicant’s eligibility to various health and disability benefits, the company announced Thursday. Reuters first reported …

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Bill Toti: Cubic to Support Marines Training for Combat Readiness

A Cubic (NYSE: CUB) operating company within its mission support services business will provide training support to the U.S. Marine Corps under a three-year, $46.5 million contract with the Marine Corps Systems Command. Cubic Applications will help the Marine Air Ground Task Force’s training systems support program in providing battle staff and C4 mobile …

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October 30 Morning Report: GovCon Index Down on Wednesday’s Close

The GovCon Index closed Wednesday at 66.977, down 0.297 or 0.445 percent. The Federal Reserve has ended a bond-buying program it had imposed to stimulate the economy, an announcement Reuters said Wednesday sent indicators to finish on a low. The Dow Jones fell 31.44 points, or 0.18 percent, to 16, 974.1. The Standard & …

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Report: Israel to Place 2nd Lockheed F-35 Order

Israel will order 25 Lockheed Martin (NYSE: LMT) F-35A fighters in addition to the 19 jets the nation committed to buy in 2010 from the U.S. government, Defense News reported Wednesday. Aaron Mehta writes the government of Israel ordered a first set of Lockheed-built conventional takeoff and landing fighters four …

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Larry Renfro: Optum Makes Healthcare Market Push Through Alere Health Purchase

Optum has agreed to acquire Alere‘s health management services business for $600 million cash in a bid to help government agencies, insurers and employers address public health problems. Alere Health offers medical condition management, wellness and home-based obstetrical services to more than 22 million customers across the U.S., Optum said …

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DLT Lands $322M Navy BPA for Symantec Software Licenses; Jerry Hill Comments

DLT Solutions has won a potential five-year, $322 million blanket purchase agreement for Symantec product licenses and related support services to the Department of the Navy. The BPA contains one base year and four option years and was awarded through DON’s Enterprise Software Licensing Initiative, DLT said Tuesday. DLT also …

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Level 3 Buy of TW Telecom Set for Nov. 5 Closure

Level 3 Communications (NYSE: LVLT) and tw telecom (NASDAQ: TWTC) shareholders have voted to move forward with Level 3’s acquisition of tw telecom,  which the companies expect to close before an earnings call next week. Level 3 said Tuesday the majority has also agreed on the allocation of common stock to tw telecom stockholders and to …

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October 29 Morning Report: GovCon Index Up on Tuesday’s Close

The GovCon Index closed Tuesday at 67.274, up 1.081 or 1.581 percent. Positive earnings pulled up U.S. markets with the Dow Jones industrial average closing 17, 005.75 points, up 187.81 (1.1%), and the Standard & Poor’s 500 index at 1985.05, up 23.42 points (1.2%), USA Today reported Tuesday.   Top …

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Ralph Alderson Named Dynamic Aviation SVP for Programs; Michael Stoltzfus Comments

Ralph Alderson, former vice president for programs at L-3 Communications‘ (NYSE: LLL) unmanned systems division, has joined Dynamic Aviation as senior VP for programs. “He will be integral in guiding Dynamic Aviation’s strategic initiatives in the coming years, ” Michael Stoltzfus, Dynamic Aviation president and CEO, said Tuesday. Alderson will …

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