CATEGORY ARCHIVES: NEWS

Maximus Appoints Former IBM Federal GM Anne Altman, Google’s Gayathri Rajan to Board of Directors

TYSONS CORNER, VA, Dec. 20, 2016 — Anne Altman, former general manager of U.S. federal and government industries at IBM (NYSE: IBM), and Gayathri Rajan, product management vice president at Google (Nasdaq: GOOGL), have been appointed to Maximus' (NYSE: MMS) board of directors, GovCon Wire reported Monday. Altman and Rajan will replace Marilyn Seymann of Caring Capital and James...

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Raytheon Secures $459M Air Force Cryptographic Device Production IDIQ

TYSONS CORNER, VA, Dec. 19, 2016 — The U.S. Air Force has awarded Raytheon (NYSE: RTN) a $459 million firm-fixed-price, indefinite-delivery/indefinite-quantity contract to manufacture cryptographic devices that will work to secure the voice and data communications of the military service, GovCon Wire reported Friday. Raytheon will conduct services at Fort Wayne in Indiana and Largo, Florida,...

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Jacobs to Provide Engineering, Design Support to NAVFAC Under $75M Contract

TYSONS CORNER, VA, Dec. 16, 2016 — The U.S. Navy has awarded a Jacobs (NYSE: JEC) subsidiary a potential five-year, $75 million firm-fixed-price contract for engineering and design services to support the industrial research efforts of the Naval Facilities Engineering Command, GovCon Wire reported Wednesday. Jacobs Government Services will assist various administrative facilities within...

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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...

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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...

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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...

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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...

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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...

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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,...

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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...

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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...

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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....

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