State Dept OKs Potential $1.7B FMS Deal With Kuwait for Abrams Tank Recapitalization
TYSONS CORNER, VA, Dec. 15, 2016 — The State Department has cleared a potential $1.7 billion foreign military sale of equipment and components for Kuwait's General Dynamics-built (NYSE: GD) Abrams M1A2 battle tanks, GovCon Wire reported Wednesday. The proposed deal includes M2A1 and M240 machine guns, N/VRC-92E SINCGARS radios and AN/PVS-7B night-vision goggles for 218 Abrams tanks as part of a...
KBR Appoints Former Leidos CFO Mark Sopp as Finance Chief
TYSONS CORNER, VA, Dec. 14, 2016 — KBR (NYSE: KBR) has appointed Mark Sopp, former executive vice president and chief financial officer at Leidos (NYSE: LDOS), to succeed Brian Ferraioli as CFO of the Houston-based technology services provider, GovCon Wire reported Tuesday. Ferraioli will work with Sopp for the transition of KBR's financial organization before the former's retirement, the...
Raytheon Secures $128M Navy F/A-18 Radar Warning Receiver Repair Contract
TYSONS CORNER, VA, Dec. 13, 2016 — The U.S. Navy has awarded Raytheon (NYSE: RTN) a potential five-year, $128.2 million contract to repair the AN/ALR-67(V)3 radar warning receivers on the service branch's F/A-18 Super Hornet fighter jets, GovCon Wire reported Monday. The Defense Department said Friday the contract involves the restoration of 10 AN/ALR-67(V)3 weapon replaceable assemblies, as...
SAIC Reports 3Q Earnings Above Analyst Forecast; Tony Moraco Comments
TYSONS CORNER, VA, Dec. 12, 2016 — Science Applications International Corp. (NYSE: SAIC) has registered earnings for the third quarter of fiscal 2016 at $0.91 earnings per share compared to the consensus Wall Street analyst forecast of $0.84 EPS, GovCon Wire reported Thursday. The report said the company's net income climbed 23.53 percent to reach $42 million amid a revenue decline of 1.76...
Greg Wenzel: Acquisition of Aquilent to Build on Booz Allen's Digital Services Org
TYSONS CORNER, VA, Dec. 9, 2016 — Cloud computing and digital services provider Aquilent will serve as Booz Allen Hamilton's (NYSE: BAH) hub for digital services upon the completion of the former's acquisition for $250 million, GovCon Wire reported Thursday. Greg Wenzel, an executive vice president at Booz Allen, told the publication the acquisition will integrate an estimated 350 engineers and...
David Cummins Joins Serco Inc. as Transportation Group SVP; Dan Allen Comments
TYSONS CORNER, VA, Dec. 8, 2016 — Serco Group has appointed David Cummins, formerly senior vice president of mobility solutions at Xerox (NYSE: XRX), as the senior vice president of the transportation business unit at the company's North American arm, GovCon Wire reported Wednesday. Serco said Tuesday Cummins will oversee Serco Inc.'s work in intelligent transportation systems, fleet management,...
Vectrus Appoints IBM Vet Chuck Prow as CEO, Board Member
TYSONS CORNER, VA, Dec. 7, 2016 — Vectrus (NYSE: VEC) has appointed Chuck Prow, a former head of IBM's (NYSE: IBM) global government business, as the Colorado Springs-based government services provider's CEO and board of directors member, GovCon Wire reported Tuesday. Prow will lead Vectrus' efforts to expand its business and its overall shareholder value as part of his new role, the...
Navy Looks to Purchase Boeing Super Hornets Amid Shortfall in Carrier-Based Strike Fighters
TYSONS CORNER, VA, Dec. 6, 2016 — The U.S. Navy plans to replace its Boeing-built (NYSE: BA) F/A-18 Hornet fighter jets with F/A-18E/F Super Hornets amid a shortage of strike fighters onboard aircraft carriers, GovCon Wire reported Monday. The military service's Super Hornet acquisition will potentially extend Boeing's production line in St. Louis and supplement the planned procurement of...
Lockheed Martin to Build Super Hercules Variant for France Under $133M Award
TYSONS CORNER, VA, Dec. 5, 2016 — Lockheed Martin (NYSE: LMT) will produce a variant of the C-130J Super Hercules aircraft for France under a $133.4 million contract modification from the U.S. Air Force, GovCon Wire reported Friday. The Defense Department said Thursday assembly of the C-130J-30 for the French military will occur at a Lockheed facility in Marietta, Georgia, through Aug. 30, 2020....
India Signs $737M FMS Deal to Purchase BAE's Ultralight Howitzer Artillery Guns
TYSONS CORNER, VA, Dec. 2, 2016 — India has inked a $737 million foreign military sales contract to purchase 145 BAE Systems Inc.-built M777A2 LW155 Ultralight Howitzers through the U.S. government, GovCon Wire reported Thursday. Defense News reported Wednesday BAE Systems Inc. will collaborate with Mahindra Defense Systems to produce 120 howitzers, with the remaining 25 to be supplied within...
Alion Appoints AECOM Vet Maliek Ferebee as Chief HR Officer
TYSONS CORNER, VA, Dec. 1, 2016 — G. Maliek Ferebee, formerly corporate vice president of human resources at AECOM (NYSE: ACM), has joined Alion Science and Technology as its chief HR officer, GovCon Wire said Wednesday. Alion said Tuesday Ferebee will manage the growth of the McLean, Virginia-based government engineering and technology services provider's technical and operational staff as part...
Booz Allen to Acquire Digital Services Provider Aquilent for $250M; Greg Wenzel Comments
TYSONS CORNER, VA, Nov. 30, 2016 — Management and technology consulting and engineering firm Booz Allen Hamilton (NYSE: BAH) has entered into an agreement to acquire Maryland-based government DevOps and cloud services provider Aquilent for $250 million, GovCon Wire said Tuesday. Booz Allen said Tuesday it aims to expand its technology portfolio, talent pipeline and digital services for citizens...