Mac Curtis-Led Perspecta Launches as Independent, Publicly Traded Firm After Spinoff-Merger Deals
TYSONS CORNER, VA, June 5, 2018 — Perspecta (NYSE: PRSP) has started to trade on the stock market as an independent company under the leadership of President and CEO Mac Curtis following the close of DXC Technology's (NYSE: DXC) U.S. public sector business spinoff, which merged with Vencore and KeyPoint Government Solutions, GovCon Wire reported Friday. Curtis, former CEO of Vencore and a 2018...
Cubic Closes $135M Sale of Global Defense Services Business to Valiant
TYSONS CORNER, VA, June 4, 2018 — Cubic (NYSE: CUB) has completed the estimated $135 million sale of its global defense services business to Valiant Integrated Services in a move that Cubic CEO Bradley Feldmann says aims to facilitate long-term value for the company's shareholders, employees and clients, GovCon Wire reported Friday. The transaction also includes a stipulation for an additional...
Raytheon Vet Diane Epstein Named Business Devt, Capture Director of Ensco’s National Security Division
TYSONS CORNER, VA, June 1, 2018 — Ensco has recruited Diane Epstein, formerly a capture manager at Raytheon (NYSE: RTN), to serve as the new director of business development and capture for its national security division, GovCon Wire reported Thursday. Epstein will be responsible for Ensco’s business development activities and customer engagements within the defense and intelligence sectors, the...
Boeing, Navy to Enter Talks on Nearly $2B Contract for Poseidon Training System Update
TYSONS CORNER, VA, May 31, 2018 — Boeing (NYSE: BA) is set to enter negotiations with the U.S. Navy on a potential $1.86 billion deal to supply new and updated training systems for the P-8A Poseidon aircraft, GovCon Wire reported Wednesday. The Navy said in a FedBizOpps notice posted Tuesday the planned contract will cover upgrades to Navy and Australian air force aircrew and maintenance crew...
Fortinet’s Bob Fortna Elected New Vice Chairman at AFCEA International
TYSONS CORNER, VA, May 30, 2018 — AFCEA International has elected Bob Fortna, president of Fortinet’s (Nasdaq: FTNT) federal business, as vice chairman of its board of directors, GovCon Wire reported Friday. AFCEA said Thursday Fortna will assist Board Chair DeEtte Gray, president of U.S. operations at CACI International (NYSE: CACI) and a 2018 Wash100 recipient, in supervising AFCEA’s...
Boeing to Supply 3 Full-Rate Production Lot 9 Poseidon Under $416M Navy Contract Modification
TYSONS CORNER, VA, May 29, 2018 — The U.S. Navy has awarded Boeing (NYSE: BA) a $416.4 million contract modification to build and deliver three Lot 9 full-rate production P-8A Poseidon multi-mission maritime aircraft to the service branch, GovCon Wire reported Friday. The Defense Department said Thursday work will be performed in the U.K. as well as California, Illinois, Maryland, New York,...
Vectrus Systems Secures $84M USAF Base Maintenance Support Contract; Chuck Prow Comments
TYSONS CORNER, VA, May 24, 2018 —The U.S. Air Force has awarded a Vectrus (NYSE: VEC) subsidiary a potential seven-year, $84 million contract to carry out maintenance services in support of Sheppard Air Force Base in Texas, GovCon Wire reported Wednesday. Colorado Springs, Colo.-based Vectrus Systems will provide installation management, operations and maintenance, installation engineering and...
AECOM's JT4 Awarded $3B USAF Test, Training Range Sustainment Contract
TYSONS CORNER, VA, May 23, 2018 — An AECOM (NYSE: ACM) subsidiary has been awarded a potential 15-year, $3.1 billion contract to carry out services supporting the U.S. Air Force’s operation, maintenance and sustainment of its test and training ranges in the western region, GovCon Wire reported Wednesday. AECOM said Wednesday JT4 will support the Joint Range Technical Services program through...
Raytheon Gets $77M Contract for Further Sea Sparrow Block 2 Missile Development
TYSONS CORNER, VA, May 23, 2018 — A Raytheon (NYSE: RTN) business unit will provide the U.S. Navy engineering and management services, test equipment and material to help advance Block 2 development on the Evolved Sea Sparrow Missiles under a $77 million contract, GovCon Wire reported Monday. The Defense Department said Friday the contract works to advance ESSM Block 2 from engineering,...
Parsons to Acquire Polaris Alpha in Push for Expanded Cybersecurity Portfolio
TYSONS CORNER, VA, May 22, 2018 — Parsons has entered into an agreement with Arlington Capital Partners to buy Colorado-based Polaris Alpha through a technology investment program, GovCon Wire reported Tuesday. Parsons said Monday the transaction is aimed to expand its cybersecurity capabilities in the areas of artificial intelligence, signals intelligence and data analytics by integrating...
ASRC Federal's InuTeq to Perform HPC Support Under Potential $1.2B NASA Contract
TYSONS CORNER, VA, May 21, 2018 — ASRC Federal's InuTeq subsidiary has received a potential 10-year, $1.2 billion contract to carry out high-performance computing services in support of NASA’s science and engineering programs, GovCon Wire reported Friday. NASA said Friday Beltsville, Maryland-based InuTeq will deliver technical services and platforms to multiple agency centers, including the...
SAP NS2 Acquires TMA to Expand Presence in IC; Mark Testoni Comments
TYSONS CORNER, VA, May 18, 2018 — SAP National Security Services has acquired Technology Management Associates, a provider of signals intelligence and engineering services to the intelligence community and Defense Department agencies, in efforts to expand its presence in the sector, GovCon Wire reported Wednesday. SAP NS2 said Tuesday it will run Chantilly, Va.-based TMA as a wholly owned...