CATEGORY ARCHIVES: NEWS

Lockheed Martin Lands $147M Contract for Trident II Missile Support to US, UK

TYSONS CORNER, VA, December 17, 2015 — Lockheed Martin (NYSE: LMT) will provide navigation system engineering support for U.S. and U.K. Trident II D5 missiles under a $147 million contract from the U.S. Navy, GovCon Wire reported Wednesday. The Defense Department said Tuesday the contract includes fleet support, trainer systems, submarine engineered refueling overhaul and other associated...

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Lockheed Martin Lands $1B Modification on PAC-3 FMS Contract

TYSONS CORNER, VA, December 16, 2015 — Lockheed Martin (NYSE: LMT) will supply Patriot Advanced Capability-3 missiles for Korea, Qatar and Saudi Arabia under a $1.09 billion modification to a foreign military sale contract, GovCon Wire reported Tuesday. The Defense Department said Monday the contract modification covers work at locations in Alabama, Arkansas, California, Florida, Massachusetts...

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PAE Gets 3 Acquisition Offers For Potential $900M Transaction

TYSONS CORNER, VA, December 15, 2015 — PAE has received acquisition offers from three private equity firms, with Apollo Global Management identified as the leading bidder following an auction process, GovCon Wire reported Monday. Reuters reported Friday Apollo and PAE owner Lindsay Goldberg are in negotiations for the potential deal, which could be worth an estimated $900 million....

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MDA Awards $66M Modification to Raytheon Antenna Equipment Contract

TYSONS CORNER, VA, December 14, 2015 — The Missile Defense Agency has awarded Raytheon (NYSE: RTN) a modification that increased the value of a previously awarded contract for antenna equipment to $955.3 million, GovCon Wire reported Friday. The Defense Department said Thursday the contract modification is worth $66.5 million and covers the procurement of associated float antenna equipment...

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Raytheon to Provide Extended-Range Munitions to Navy for $98M

TYSONS CORNER, VA, December 11, 2015 — Raytheon (NYSE: RTN) will supply Precision Extended Range Munition systems to the U.S. Navy under a potential five-year, $98 million contract, GovCon Wire reported Thursday. The Defense Department said Tuesday the 120-millimeter munition system uses GPS guidance and works to support expeditionary fire support operations. About Executive Mosaic: Founded in...

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Ken Asbury: CACI's $550M L-3 NSS Buy Part of Enterprise IT, Intell Market Push

TYSONS CORNER, VA, December 10, 2015 — CACI International (NYSE: CACI) CEO Ken Asbury has said the company's recent acquisition activity works to increase its market presence in enterprise IT and the Intelligence Community, GovCon Wire reported Tuesday. The report said Asbury told investors CACI's $550 million purchase of the government services business of L-3 Communications (NYSE: LLL) is...

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Lockheed Martin Receives $318M Contract for Hellfire II Hardware, Components

 TYSONS CORNER, VA, December 9, 2015 — Lockheed Martin (NYSE: LMT) will provide Hellfire II missile hardware and other components to several international customers, the U.S. Army and U.S. Air Force under a $318.3 million contract, GovCon Wire reported Tuesday. The Defense Department said Monday the foreign customers are Egypt, Korea, India, Indonesia, Iraq, Pakistan, Saudi Arabia and Tunisia....

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AFRL Taps CACI to Develop Battlefield Simulations to Test EW Systems; Ken Asbury Comments

TYSONS CORNER, VA, December 8, 2015 — CACI International (NYSE: CACI) will develop a simulation model for anti-access/area denial operations under a $49.5 million contract from the Air Force Research Laboratory, GovCon Wire reported Thursday. The company said Wednesday it was awarded one of two prime positions on the contract, which seeks battlefield simulations of an AC/AD environment to test...

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Bill Varner: ManTech to Continue Security Support to AF Under $407M Contract

TYSONS CORNER, VA, December 7, 2015 — ManTech International (Nasdaq: MANT) will provide security services to the U.S. Air Force under a potential 10-year, $407 million contract, GovCon Wire reported Thursday. ManTech said Thursday the services will be in support of mission-critical Air Force programs. "ManTech is proud to continue providing life-cycle program protection to support the U.S. Air...

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Siemens Lands $200M Army Contract for Desigo/Apogee Update

TYSONS CORNER, VA, December 4, 2015 — Siemens' government technologies business will update the Desigo for Apogee building management systems under a $200 million contract from the U.S. Army, GovCon Wire reported Thursday. The Defense Department said Wednesday the contract runs through Dec. 1, 2020. About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media...

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General Dynamics Gets $80M Contract for Air Defense Comms Support

TYSONS CORNER, VA, December 3, 2015 — General Dynamics (NYSE: GD) will provide maintenance and logistics support services to the U.S. Air Force under an $80 million contract, GovCon Wire reported Wednesday. The company said Tuesday the contract covers support for the North American Aerospace Defense Command and Pacific Air Forces' air defense communications. About Executive Mosaic: Founded in...

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Dan Allen: Serco Inc. to Continue Support for USPTO Patent Classification

TYSONS CORNER, VA, December 2, 2015 — Serco Inc. will provide patent classification services to the U.S. Patent and Trademark Office under a $95 million recompete contract, GovCon Wire reported Tuesday. The company said Monday it will review and analyze patent applications and apply USPTO classification symbols to support the patent examination process. "We are extremely honored to have been...

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