CATEGORY ARCHIVES: NEWS

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...

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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...

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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....

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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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...

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Linda Murray Takes New Role as Parsons' Chief Audit Executive

TYSONS CORNER, VA, May 17, 2018 — Parsons has appointed Linda Murray, formerly strategic planning and marketing manager at its federal business unit, as chief audit executive, GovCon Wire reported Tuesday. The company said Monday the position reports to both the board...

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Merlin Secures IT Modernization Work at VA, DHS With $200M in Contracts

TYSONS CORNER, VA, May 16, 2018 — Merlin International will help update the Veterans Affairs and Homeland Security departments’ enterprise information technology systems as part of contracts worth an estimated $200 million combined, GovCon Wire reported Tuesday. The company said Monday the...

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Cubic Global Defense President Dave Buss Added to TechFlow's Board of Directors

TYSONS CORNER, VA, May 15, 2018 — San Diego, California-based TechFlow has added Dave Buss, president of Cubic’s (NYSE: CUB) global defense business unit, to its board of directors, GovCon Wire reported May 2. TechFlow President and CEO Robert Baum...

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