CATEGORY ARCHIVES: NEWS

Merlin Names New Chief Technology Officer to Lead Cyber Programs

TYSONS CORNER, VA, March 7, 2018 — Merlin International has elevated Brian Wells, its former director of healthcare strategy, to serve in the role of chief technology officer, GovCon Wire reported Tuesday. The company said Monday Wells will be the liaison between sales and engineering, work to ensure the alignment of development efforts with market demand and lead both commercial and government...

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General Dynamics, Verscend Conclude Deal on Sale of Health IT Products

TYSONS CORNER, VA, March 6, 2018 — General Dynamics (NYSE: GD) has sold its payer-focused healthcare information technology assets to Verscend Technologies as the latter aims to expand its healthcare payment integrity, analytics and reporting product portfolio, GovCon Wire reported Monday. Verscend said Friday the completed acquisition aims to build on technology capabilities for efforts to...

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Vectrus Lands $108M Contract for Army Food Services Support in Kuwait; Chuck Prow Comments

TYSONS CORNER, VA, March 5, 2018 — A Vectrus (NYSE: VEC) subsidiary will provide a range of services in support of U.S. Army dining facilities located in Kuwait as part of a potential $108 million contract, GovCon Wire reported. The company said the contract award to Vectrus Systems covers personnel, equipment, supplies, transportation, tools, materials and non-personal services in support of...

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Kratos Enters Agreement to Sell PSS Business to Securitas Electronic Security

TYSONS CORNER, VA, March 2, 2018 — Kratos Defense and Security Solutions (Nasdaq: KTOS) plans to sell its public safety and security system integration business under an estimated $69 million cash transaction with Securitas Electronic Security, GovCon Wire reported Thursday. Kratos said the definitive deal is anticipated to close over the next three months and generate $70 million in net...

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Cubic Buys Image Processing Firm to Build on Mission Solutions Unit; Mike Twyman Comments

TYSONS CORNER, VA, March 1, 2018 — Cubic (NYSE: CUB) is working to build on its mission solutions business through the acquisition of software firm MotionDSP, which provides image processing technologies, GovCon Wire reported. The deal will serve to expand Cubic Mission Solutions' offerings in the areas of command, control, communications, computers, intelligence, surveillance and...

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General Atomics Reveals Team for Navy's Carrier-Based Aerial Tanker Program

TYSONS CORNER, VA, Feb. 27, 2018 — General Atomics' aeronautical systems business named BAE Systems, Boeing (NYSE: BA), Fokker, L3 Technologies (NYSE: LLL), Pratt & Whitney, Rockwell Collins and UTC Aerospace Systems as partners in a bid for the U.S. Navy's MQ-25 Stingray program, GovCon Wire reported. The team will work together to offer the future aircraft carrier-based unmanned aerial...

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HII Names New President for SN3

TYSONS CORNER, VA, Feb. 23, 2018 — Huntington Ingalls Industries (NYSE: HII) has appointed former Executive Vice President Michael Smith to serve as president of the SN3 business, GovCon Wire reported Thursday. Smith, who oversaw strategy and development, will now report to Michael Lempke, president of HII's nuclear and environmental organization, the company said Wednesday. About Executive...

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State Dept Names Boeing, Lockheed as Contractors in Proposed $1.2B Apache Update FMS

TYSONS CORNER, VA, Feb. 22, 2018 — The State Department has indicated Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) as principal contractors on a proposed foreign military sale of helicopter modification services to the Netherlands worth $1.2 billion, GovCon Wire reported Wednesday. The Defense Security Cooperation Agency said Tuesday the Dutch government requested updates for...

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ACT I Appoints Neil Albert as New President; Michael Niggel Comments

TYSONS CORNER, VA, Feb. 21, 2018 — Advanced Concepts and Technologies International hired Neil Albert, formerly president and CEO of MCR, earlier this month as president of the Arlington, Virginia-based government acquisition support services provider, GovCon Wire reported. ACT I said Albert will oversee its business development efforts, growth strategy and financials as a member of the...

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QTS Names Former NGA CIO to Federal Advisory Board; David McOmber Comments

TYSONS CORNER, VA, Feb. 20, 2018 — QTS Realty Trust (NYSE: QTS) added a former official of the National Geospatial-Intelligence Agency earlier this month to its federal advisory board, where he will provide insight to support the company's hybrid data center road map for public sector customers, GovCon Wire reported. The company said Robert Laurine, former chief information officer of NGA, is...

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Veritas Capital Pursues Acquisition of PwC US Public Sector Unit

TYSONS CORNER, VA, Feb. 16, 2018 — PwC's U.S. public sector business will become part of Veritas Capital's portfolio while continuing operations under the current leadership team upon the close of a proposed acquisition deal, GovCon Wire reported Thursday. An affiliate of Veritas seeks to buy the U.S. public sector business of PwC for an undisclosed sum and rename the unit, which will operate...

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Lockheed's Sikorsky Business Lands $126M Contract Modification for King Stallion Long Lead Items

TYSONS CORNER, VA, Feb. 15, 2018 — Lockheed Martin's (NYSE: LMT) Sikorsky Aircraft subsidiary will supply long lead materials for the low-rate initial production of seven U.S. Navy Lot III CH-53K King Stallion helicopters under a $126.5 million contract modification, GovCon Wire reported Wednesday. The Defense Department said Tuesday the award to Sikorsky covers work through January 2019 in...

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