CATEGORY ARCHIVES: NEWS

Lockheed's Sikorsky Gets $158M Army Order for Additional Black Hawk Choppers

TYSONS CORNER, VA, Sept. 1, 2016 — Lockheed Martin's (NYSE: LMT) Sikorsky subsidiary will provide 14 additional UH-60 Black Hawk helicopters to the U.S. Army under a $158.4 million contract modification, GovCon Wire reported Wednesday. The Defense Department said Tuesday the award exercises an option on a previously awarded contract for the delivery of Black Hawks and extends the period of...

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Navy Taps BAE, General Dynamics, Lockheed, Epsilon for LCS Sustainment, Maintenance Contracts

TYSONS CORNER, VA, Aug. 31, 2016 — The U.S. Navy has selected BAE Systems, General Dynamics (NYSE: GD), Lockheed Martin (NYSE: LMT) and Epsilon Systems Solutions for positions on two contracts worth $950.8 million combined to provide support services for littoral combat ships, GovCon Wire reported Tuesday. The Defense Department said Monday the $741.5 million contract for BAE Systems Southeast...

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CACI Posts Q4 Revenue, Earnings Above Expectations; Ken Asbury Comments

TYSONS CORNER, VA, Aug. 30, 2016 — CACI International (NYSE: CACI) performed above analyst expectations in the fourth quarter of its fiscal year 2016 with revenue and earnings both above Wall Street estimates, GovCon Wire reported Aug. 18. CEO Ken Asbury, an inductee of Executive Mosaic's Wash100 for 2016, has said the company's acquisition of L-3 Communications' (NYSE: LLL) former National...

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Booz Allen Lands Nearly $380M GSA Task Order for Counter-IED Program Support

TYSONS CORNER, VA, Aug. 29, 2016 — Booz Allen Hamilton (NYSE: BAH) will provide technologies to support the Joint Improvised-Threat Defeat Agency's efforts to combat improvised explosive devices under a potential $379.6 million task order from the General Services Administration, GovCon Wire reported Friday. The Defense Department said Thursday the task order from GSA's Federal Systems...

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F5's Randy Wood: Application Security Key to Federal IT Security

TYSONS CORNER, VA, Aug. 26, 2016 — Randy Wood, vice president for federal sales at F5 Networks (Nasdaq: FFIV), has said federal information technology should prioritize application security to bolster the network's cyber defenses, GovCon Wire reported Monday. "The trend in application access is to trust no one, no connection, and no traffic flow; and relying on advanced encryption and identity...

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ManTech to Support Marines ISR Enterprise Under $208M Task Order; Dan Keefe Comments

TYSONS CORNER, VA, Aug. 25, 2016 — ManTech International (Nasdaq: MANT) will support the U.S. Marine Corps' Intelligence, Surveillance and Reconnaissance Enterprise under a potential $208 million task order from the Defense Technical Information Center, GovCon Wire reported Aug. 18. The company said Aug. 18 DTIC awarded the task order under the Defense Systems Technical Area Tasks vehicle, which...

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Engility Hires Lockheed Vet as SVP for Business Dev't & Strategic Planning; Lynn Dugle Comments

TYSONS CORNER, VA, Aug. 24, 2016 — Engility (NYSE: EGL) has appointed the former vice president of government relations at Lockheed Martin (NYSE: LMT) as senior vice president of business development and strategic planning, GovCon Wire reported Monday. Michael Grasso worked for 35 years at Lockheed, where he has supported federal customers such as NASA, the Defense Department, FBI and the...

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ASRC Federal Acquires Vistronix in Portfolio Expansion Efforts; Mark Gray Comments

TYSONS CORNER, VA, Aug. 23, 2016 — ASRC Federal has acquired Virginia-based software company Vistronix in an effort by ASRC to diversify its government services portfolio, GovCon Wire reported Thursday. Arctic Slope Regional Corp. said Wednesday Vistronix now operates as a subsidiary of ASRC Federal following the close of the acquisition. "The acquisition of Vistronix meets important objectives...

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Unisys Gets $232M USDA Contract for Software Services; Casey Coleman Comments

TYSONS CORNER, VA, Aug. 22, 2016 — Unisys (NYSE: UIS) will provide software development, maintenance and update services to the Agriculture Department under a potential $232 million contract, GovCon Wire reported Thursday. The company said Thursday USDA awarded the contract for information technology support for the department's rural development agency via the National Institutes of...

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MBDA to Integrate IR Air-to-Air Missiles Into UK's F-35 Fleet

TYSONS CORNER, VA, Aug. 19, 2016 — The U.K. fleet of Lockheed Martin-built (NYSE: LMT) F-35 aircraft will carry Advanced Short Range Air-to-Air Missiles that MBDA will provide under an estimated $239 million contract, GovCon Wire reported Wednesday. MBDA said Tuesday the infrared air-to-air missiles will be the first U.K.-made missiles on the F-35 fighter jet. About Executive Mosaic: Founded in...

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Leidos CEO Roger Krone Talks Defense Spending in Interview

TYSONS CORNER, VA, Aug. 18, 2016 — Leidos (NYSE: LDOS) CEO Roger Krone has said the upcoming election of a new U.S. president will not have much difference to the status of defense spending between the two candidates, GovCon Wire reported Wednesday. He noted in an interview with CNBC aired Tuesday that the company works with NATO in Brussels as well as the Defense Health Agency for the...

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David Keffer: CSRA Open to M&A With 10% Allotment From Cash Deployment Strategy

TYSONS CORNER, VA, Aug. 17, 2016 — CSRA (NYSE: CSRA) will look into potential acquisitions that work to establish a technology edge for the company in cloud-enabled digitization, GovCon Wire reported Thursday. "We are open to M&A in places where it can be strategically valuable to us and help spur further organic growth," Chief Financial Officer David Keffer told investors during the...

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