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Tag Archives: News

Boeing-Lockheed JV Wins $412M For NASA Flood Monitoring, Water Cycle Satellite Launches

A Boeing Co. (NYSE: BA) and Lockheed Martin Corp. (NYSE: LMT) joint venture has won a potential $412 million contract to help NASA launch three satellites, the agency announced Monday. United Launch Services, a subsidiary of United Launch Alliance, will provide task-ordered launch services, process payloads and integrate launch vehicles. ULS …

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DC Private Equity Firm Buys Catapult, Promotes Mark Hunker To CEO

Washington-based private equity firm DC Capital Partners has acquired Catapult Technology and has appointed Mark Hunker president and CEO. Catapult said Hunker succeeds Randy Slager, Catapult’s founder and CEO, who will join the board of directors and remain involved in strategic planning and business development. Hunker previously served as Catapult’s …

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Report: Pentagon Using New Pricing Data In Lockheed F-35 Talks

Lockheed Martin Corp. (NYSE: LMT) and the Defense Department are getting closer to a new agreement for 32 F-35 Joint Strike Fighter aircraft, the Pentagon’s top weapons buyer said, Defense News reports. Frank Kendall, undersecretary for acquisition, technology and logistics, said the Pentagon is using new pricing data to estimate …

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Boeing, GE Sign $108M AF Tanker Control Systems Agreement; Lorraine Bolsinger Comments

Boeing (NYSE: BA) has signed a potential $180 million contract with General Electric (NYSE: GE) for GE to provide mission control systems for a U.S. Air Force tanker. GE said work will include system design, development and production for the KC-46A tanker. Lorraine Bolsinger, president and CEO of GE’s aviation systems business, said …

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Logica Shareholders Approve CGI Acquisition; CEO Michael Roach Comments

CGI Group Inc. (NYSE: GIB) plans to complete its reported $2.7 billion acquisition of global information technology and management firm Logica by Aug. 20, CGI announced Monday. Following Logica’s general meeting, 99.54 percent of that company’s shareholders voted in favor of accepting CGI’s cash offer. CGI will immediately start integrating …

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Harris Names Tania Hanna VP of Govt. Relations; William Brown Comments

Harris Corp. (NYSE: HRS) announced Thursday it has appointed Tania Hanna vice president of government relations, to succeed Peter Challan, who was appointed VP of industry-specific programs in Harris’ mission critical networks business. Hanna joined the company in 2003 and most recently served as VP of policy and legislative affairs. In her new …

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MEP to Provide Linguist Services in Afghanistan Under $325M Award

Mission Essential Personnel has won a $325 million contract modification to perform linguist and interpretation services for the U.S. Army. The company will provide the services in Afghanistan and complete contract work by Sept. 6, according to a Defense Department announcement. The U.S. Army Intelligence and Security Command, Fort Belvoir, …

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Lockheed Secures $353M for Rocket Launch Systems

Lockheed Martin Corp.’s (NYSE: LMT) missiles and fire control business recently won a $353, 191, 632 U.S. Army contract for multiple rocket launch systems, the Defense Department announced Wednesday. The contract follows an April award worth $79.4 million to design a variant of the guided multiple launch rocket system to incorporate into a …

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General Atomics Wins $411M Army Contract for Gray Eagle Drones

General Atomics Aeronautical Systems Inc. has won a $410, 981, 211 contract to supply Gray Eagle unmanned aerial vehicles to the U.S. Army. The Defense Department said the firm-fixed-price contract includes the procurement of Gray Eagle initial spare parts and additional hardware. In May, the Army awarded the firm a $141, …

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DIA Picks 11 For Potential $5B Analysis Support IDIQ

Eleven firms were awarded positions on the Solutions for Intelligence Analysis II contract that has a potential ceiling value of $5.6 billion, the Defense Department announced Tuesday. Work on the IDIQ will support intelligence analysis missions, national security policy makers, defense planners and war fighters. The Pentagon expects the winning contractors …

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