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GovConWire's Government Contracting News 8/4/2021

IntelliBridge Buys U.Group to Grow Government Market Footprint; Cass Panciocco Quoted M&A Activity

IntelliBridge Buys U.Group to Grow Government Market Footprint; Cass Panciocco Quoted

IntelliBridge, a McLean, Virginia-based portfolio company of Enlightenment Capital, has purchased U.Group to expand its technology portfolio and client base across federal civilian, defense and homeland security agencies. U.Group is a digital transformation company founded in 2010 and provides Agile development, consulting support, data science, DevSecOps, data products, analytics and other technologies to help government
John Mollard Named Lockheed Acting CFO Executive Moves

John Mollard Named Lockheed Acting CFO

John Mollard, vice president and treasurer at Lockheed Martin (NYSE: LMT), has assumed the position of acting chief financial officer at the Bethesda, Maryland-based aerospace and defense contractor. He will fill the role while the company searches for a permanent replacement for Kenneth Possenriede, who decided to retire after a 35-year career with Lockheed, the
Arlington to Form ‘Stellant’ via Acquisition of L3Harris Electron Devices, Narda Microwave-West Divisions M&A Activity

Arlington to Form ‘Stellant’ via Acquisition of L3Harris Electron Devices, Narda Microwave-West Divisions

Arlington Capital Partners, a Washington, D.C.-based private equity firm, has agreed to acquire the Electron Devices and Narda Microwave-West divisions of L3Harris Technologies (NYSE: LHX) for an undisclosed sum. The divisions will eventually form an independent company called Stellant Systems upon the transaction’s closing, which is expected to occur before the end of 2021, Arlington
Executive Spotlight With Dawne Hickton, EVP and COO of Critical Mission Solutions for Jacobs, Discusses Company Growth Strategy, Acceleration Into Cybersecurity Capabilities News

Executive Spotlight With Dawne Hickton, EVP and COO of Critical Mission Solutions for Jacobs, Discusses Company Growth Strategy, Acceleration Into Cybersecurity Capabilities

Dawne Hickton, executive vice president and chief operating officer of Critical Mission Solutions for Jacobs (NYSE: J), was featured in the most recent Executive Spotlight interview with ExecutiveBiz on Tuesday. Hickton, a two-time Wash100 Award recipient, tackled Jacobs’ growth strategy and related senior leadership appointments as well as efforts to accelerate the expansion of its
Crowley Secures $453M Transcom Freight Service Extension Contract Awards

Crowley Secures $453M Transcom Freight Service Extension

Crowley‘s government services business will continue to help U.S. Transportation Command coordinate surface freight activity for two Defense Department agencies under a one-year, $453 million contract modification. The company will perform work for the Defense Logistics Agency and Defense Contract Management Agency through July 31, 2022, as part of DOD’s Freight Transportation Services program, the
DOD Assigns Gregory Kausner, Paul Cramer to Perform DOD Acquisition & Sustainment Leadership Duties Executive Moves

DOD Assigns Gregory Kausner, Paul Cramer to Perform DOD Acquisition & Sustainment Leadership Duties

Gregory Kausner, executive director for international cooperation at the Department of Defense, has been assigned to perform the duties of defense undersecretary for acquisition and sustainment. DOD said Tuesday it also appointed Paul Cramer, DOD’s principal deputy assistant secretary for sustainment (installations), to serve as Kausner’s deputy. As the acting head of USD(A&S), Kausner will
SPACECOM Banks on Intelligence, Commercial Partnerships to Defend US Space Assets Events

SPACECOM Banks on Intelligence, Commercial Partnerships to Defend US Space Assets

U.S. Space Command leaders have emphasized the importance of intelligence data, commercial technology and workforce diversity in its mission to help other combatant commands protect the country’s space assets from adversarial threats. Sean Kirkpatrick, deputy director of intelligence at SPACECOM, said the U.S. must leverage space technology being developed by the commercial industry to gather
State Department OKs $270M Greek F-16 Sustainment Request Contract Awards

State Department OKs $270M Greek F-16 Sustainment Request

The State Department has approved a potential $270 million foreign military sales deal covering sustainment equipment and services for Greece’s F-16 fighter aircraft fleet. L3Harris Technologies (NYSE: LHX), Lockheed Martin (NYSE: LMT), Raytheon Technologies (NYSE: RTX), Collins Aerospace, Northrop Grumman (NYSE: NOC) and Atec are the principal contractors for the proposed sale, the Defense Security
Saab Books $105M Navy Contract for MK 9 Tracker Illuminator Replacements Contract Awards

Saab Books $105M Navy Contract for MK 9 Tracker Illuminator Replacements

Saab will develop and produce system replacements for a ship-based continuous wave target illuminator under a potential $104.8 million firm-fixed-price, cost-plus-fixed fee and cost-only contract from the U.S. Navy. The contract for the MK 9 Tracker Illuminator System replacements has a $32.2 million base amount and a two-year initial performance period, and includes options that,
PCX Expands Manufacturing Footprint With Integral Aerospace Buy; Jeff Frisby Quoted M&A Activity

PCX Expands Manufacturing Footprint With Integral Aerospace Buy; Jeff Frisby Quoted

PCX Aerosystems has acquired Santa Ana, California-based Integral Aerospace, a producer of metallic and composite parts for military, space and commercial systems, for an undisclosed sum. Connecticut-based PCX said Tuesday the deal expands its ability to manufacture parts for fixed- and rotary-wing aircraft platforms and provide support to the original equipment manufacturers, Tier One suppliers
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