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Tag Archives: govcon

Lexmark to Purchase Kofax for $1B Cash; Paul Rooke Comments

Lexmark International’s (NYSE: LXK) board of directors and shareholders have agreed to acquire Kofax (NASDAQ: KFX) for nearly $1 billion in cash, or $11 per share. The transaction is scheduled to close in the second quarter of 2015 and awaits a shareholder vote at Kofax, regulatory clearances and other customary closing terms, …

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General Dynamics to Help Army Update Logistics Documentation for Buffalo Trucks

A General Dynamics (NYSE: GD) business unit has been awarded a $22.7 million contract to help update logistics requirements for the U.S. Army‘s fleet of Buffalo A2 M1272 armored trucks. General Dynamics Land Systems said Tuesday it will perform work in Sterling Heights, Michigan, and is scheduled to finish by March 2018. The …

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CACI Vet Arnold Morse Joins CNSI as General Counsel, Chief Legal Adviser

Arnold Morse, formerly chief legal officer and corporate secretary for CACI International (NYSE: CACI), has joined CNSI as general counsel. He will help to steer the company’s corporate strategy and serve as chief legal adviser, CNSI said Tuesday. Morse held executive-level roles at CACI for more than two decades after …

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Raytheon to Produce More Air-to-Air Missile Systems for US Air Force

A Raytheon (NYSE: RTN) business unit has received a $528, 797, 459 contract modification to produce medium range air-to-air missile systems for the U.S. Air Force. Raytheon missile systems will exercise the option on an existing contract for the 29th lot of the missiles and other AMRAAM system items, the …

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Tetra Tech to Advise USAID on Afghan Provincial Gov’t Partnership

Tetra Tech (NASDAQ: TTEK) will provide technical and advisory services to the U.S. Agency for International Development for the agency’s work with Afghanistan’s provincial government system under a five-year, $62 million contract. The company said Tuesday it will help USAID establish information management systems, databases and other governance systems to facilitate public services. The contract focuses …

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CDC Awards Emergent BioSolutions New Anthrax Vaccine Development Funds

The Department of Health and Human Services has tapped Emergent BioSolutions to further develop a new anthrax vaccine under a 30-month, $31 million contract with funding and technical support from the Biomedical Advanced Research and Development Authority. HHS said Monday the new vaccine, called NuThrax, will work to improve on the existing licensed vaccine as …

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March 24 Market Close: GovCon Index Dips as Dollar, Oil Figures Rise

The GovCon Index closed at a coss for a second consecutive day Tuesday as it recorded a decline of 0.318 points to 69.709. A 6-cent increase in crude oil and another increase in the U.S. dollar against other currencies drove U.S. trading activity Tuesday on a day that saw stocks decline, according to CNBC. Stocks traded …

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Mark Johnson is Selected to Wash100 for Leadership with the Cloud, ERP

Executive Mosaic, Tysons Corner, VA March 24, 2015 – Mark Johnson, senior vice president for the public sector business at Oracle, has been elected into Executive Mosaic’s Wash100 list of the most influential leaders in GovCon for his leadership role in federal cloud and enterprise resource planning. The Wash100 is the premier …

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Stephanie Hill is Wash100 Inductee for Leadership in STEM Advocacy Work

Executive Mosaic, Tysons Corner, VA March 24, 2015 – Stephanie Hill, vice president and general manager for the civil business arm of Lockheed Martin’s information systems and global solutions group, has been inducted into Executive Mosaic’s Wash100 list of the most influential leaders in GovCon for her leadership in promoting science, technology, engineering …

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Northrop Secures AF Weapon System Sustainment Deal

TYSONS CORNER, VA March 24, 2015 — Executive Mosaic — ExecutiveBiz reported Monday on Northrop Grumman (NYSE: NOC) inking a weapons system sustainment agreement with the U.S. Air Force in a move meant to fast-track negotiations on all work between the company and the Air Force Sustainment Center. “This partnership builds …

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