CATEGORY ARCHIVES: NEWS

Lockheed Martin Secures $130M Army Contract Modification for PAC-3 Missile Segment Enhancement Units

TYSONS CORNER, VA, July 18, 2017 — Lockheed Martin (NYSE: LMT) will produce 35 additional Patriot Advanced Capability-3 Missile Segment Enhancement units for the U.S. Army and several international customers under a $130.3 million contract modification, GovCon Wire reported Monday. The Defense Department said Friday the award also includes foreign military sales of PAC-3 MSEs, 130 launcher...

read more

DigitalGlobe, MDA Eye Shareholder & Regulatory Approval for Merger

TYSONS CORNER, VA, July 17, 2017 — DigitalGlobe (NYSE: DGI) will hold a shareholder meeting on July 27 to vote on the company's pending $3.6 billion acquisition by Canada-based MacDonald, Dettwiler and Associates, GovCon Wire reported Friday. MDA said Wednesday the companies anticipate closing the transaction either within the current calendar quarter or shortly after, depending on the approval...

read more

Cubic Names Former AECOM Exec Anshooman Aga as Next CFO

TYSONS CORNER, VA, July 14, 2017 — Cubic (NYSE: CUB) has hired Anshooman Aga, formerly a senior vice president at AECOM (NYSE: ACM), as executive VP at the company effective July 17, GovCon Wire reported Wednesday. Aga, who also served as chief financial officer of AECOM's design and consulting services business for the Americas, will eventually take a second role as CFO at Cubic upon the...

read more

EY to Audit Navy Financial Statements Under $149M Contract

TYSONS CORNER, VA, July 13, 2017 — EY, part of Ernst & Young Global, will help audit the U.S. Navy's financial statements under a potential $149.4 million contract from the Defense Finance and Accounting Service, GovCon Wire reported Wednesday. The Defense Department said Tuesday the labor-hour contract consists of a five-month base period of performance and four option years and will...

read more

Northrop, Partners to Provide Satellite Ground Station, Wideband Network Mgmt System to Australian Military

TYSONS CORNER, VA, July 12, 2017 — Northrop Grumman (NYSE: NOC) will work with ViaSat (Nasdaq: VSAT) and Optus to develop a satellite ground station and wideband satellite communications network management system for the Australian military under a potential $170 million contract, GovCon Wire reported Tuesday. The contract from Australia's capability acquisition and sustainment group is part of...

read more

Boeing Secures $93M Contract for E-3 Sentry Support to Air Force, Int'l Customers

TYSONS CORNER, VA, July 11, 2017 — Boeing (NYSE: BA) has received a potential $92.9 million contract from the U.S. Air Force for sustainment engineering and technical support for the E-3 Sentry airborne warning and control system aircraft, GovCon Wire reported Monday. The Defense Department said Friday the contract covers support for the Air Force's E-3 AWACS division and foreign military sales...

read more

Lockheed to Perform Tech Maturation, Risk Reduction on Army Prototype Missiles Under $74M Contract

TYSONS CORNER, VA, July 10, 2017 — Lockheed Martin (NYSE: LMT) will design and fly prototype missiles for the second phase of the U.S. Army's Long Range Precision Fires program under a potential $73.8 million contract, GovCon Wire reported Friday. The company said Thursday phase two includes technology maturation and risk reduction work on prototype LRPF missiles over a 36-month period ahead of...

read more

CSRA Buys NES in Push for Gov't Digital Transformation, IT Modernization Work

TYSONS CORNER, VA, July 7, 2017 — CSRA (NYSE: CSRA) has completed its purchase of NES Associates in support of plans to accelerate the digital transformation efforts of government customers, GovCon Wire reported Thursday. CSRA President and CEO Larry Prior, an inductee into Executive Mosaic’s Wash100 for 2017, said in a company statement released Wednesday that the acquisition is also part of...

read more

Lockheed Lands $74M in Contract Modifications for F-35 Lots 11 & 12 Production Work

TYSONS CORNER, VA, July 6, 2017 — Lockheed Martin (NYSE: LMT) has received U.S. Navy contract modifications potentially worth $73.9 million combined to support the low-rate initial production of Lots 11 and 12 F-35 fighter aircraft, GovCon Wire reported Wednesday. The Defense Department said Monday Lockheed will supply long-lead parts and components for five Lot 12 F-35B jets under a $43.9...

read more

BAE Systems Secures $4.8B Contract to Build 3 Type 26 Combat Ships for UK

TYSONS CORNER, VA, July 5, 2017 — BAE Systems will manufacture the first three ships for the U.K. defense ministry's Type 26 Global Combat Ship program under a potential $4.8 billion contract, GovCon Wire reported Monday. The company said Sunday the contract will facilitate the sustainment of more than 3,400 jobs and will involve work at its shipbuilding facility in Scotland. About Executive...

read more

Lockheed-Boeing JV to Launch Space Test Satellite Under $191M Air Force Contract

TYSONS CORNER, VA, July 3, 2017 — A joint venture between Lockheed Martin (NYSE: LMT) and Boeing (NYSE: BA) has secured a potential $191.1 million contract from the U.S. Air Force to launch a new satellite that will work to support space test missions, GovCon Wire reported Friday. The Defense Department said Thursday United Launch Alliance will supply a space launch vehicle, perform mission...

read more

PAE-Parsons JV to Provide Base Operations Support in Guam Under $85M Navy Deal

TYSONS CORNER, VA, June 30, 2017 — A PAE and Parsons joint venture will provide base operations services to the U.S. Navy in support of the Joint Region Marianas military installation in Guam under a potential $84.7 million contract, GovCon Wire reported Thursday. The Defense Department said Wednesday the award to DZSP 21 covers management, administration, port operations, material management,...

read more