Gene Colabatistto: CAE Nets $176M Worth of Contracts in Q4 2014
TYSONS CORNER, VA April 10, 2015 — Executive Mosaic — CAE recorded $176 million worth of flight simulator and training support contracts in its fourth quarter of 2014, GovCon Wire reported Thursday. CAE said Wednesday the deals include training systems deliveries to the U.S., Australian and Italian air force, and equipment upgrades, support services and several contract modifications for the...
Richard Montoni: Acentia Buy Adds Growth Platforms for Maximus’ Fed Portfolio
TYSONS CORNER, VA April 8, 2015 — Executive Mosaic — GovCon Wire reported Tuesday on Maximus completing its all-cash purchase of information technology services provider Acentia on April 1. The company said Monday it will detail updates to its earnings guidance in light of the $300 million acquisition and present them at its quarterly report on May 7. “The acquired client relationships and...
General Dynamics Secures $610M Construction Funds for DDG 122 Destroyer
TYSONS CORNER, VA April 6, 2015 — Executive Mosaic — The U.S. Navy has awarded General Dynamics Bath Iron Works $610 million in construction funds for the Arleigh Burke-class DDG 122 destroyer, GovCon Wire reported Thursday. Fred Harris, president of Bath Iron Works, said the funding award represents an appreciation of the company’s participation in the military service’s shipbuilding platforms....
Austal, Lockheed Receive Additional Littoral Ship Contracts
TYSONS CORNER, VA April 6, 2015 — Executive Mosaic — GovCon Wire reported Thursday on Austal USA and Lockheed Martin receiving contract modifications for each to build two more littoral combat ships for the U.S. Navy. The award includes $691 million for a pair of Austal warships and $362 million for one Lockheed LCS, USNI News reported Wednesday. The report said the Navy also awarded $79 million...
USCG Commissions HII for 8th Legend-Class National Security Cutter
TYSONS CORNER, VA April 6, 2015 — Executive Mosaic — GovCon Wire reported Thursday on Huntington Ingalls Industries’ (NYSE: HII) $500 million contract award to build an eighth installment of Legend-class national security cutters for the U.S. Coast Guard. HII said March 31 that HII subsidiary Ingalls Shipbuilding is set to deliver the vessel, dubbed Midgett (WMSL 757), in 2019. “Serial...
Ken Asbury: LTC Adds to CACI Communications, Security Portfolio
TYSONS CORNER, VA April 6, 2015 — Executive Mosaic — GovCon Wire reported Thursday CACI International’s acquisition of LTC Engineering Associates, a move CACI President Ken Asbury said is targeted to build the company’s C4ISR portfolio. “The LTC transaction is a perfect follow-on and synergistic to our Six3 acquisition in November 2013, adding innovative and complementary security and...
Bill Ballhaus: SRA Seeks to Build Health IT, Homeland Security Business with Qbase Buy
TYSONS CORNER, VA April 2, 2015 — Executive Mosaic — SRA International is set to purchase Qbase’s government services division in a move intended to build its health IT and homeland security portfolios, GovCon Wire reported Wednesday. SRA President and CEO Bill Ballhaus said Tuesday the expanded customer base and combined service experience will also help SRA's push in the law enforcement...
Air Force Contracts Lockheed Sniper Targeting Pods Under FMS Deal
TYSONS CORNER, VA March 31, 2015 — Executive Mosaic — Lockheed Martin Missiles and Fire Control has secured a foreign military sales contract for its Sniper advanced targeting pods through the U.S. Air Force, GovCon Wire reported Monday. The two-year indefinite-delivery/indefinite-quantity contract includes initial spares, 1K FLIRs and two-way data links provisioning, for a total amount of $485...
Mark Gray: ASRC Federal Seeks to Build Services with New CFO Gordon Foster
TYSONS CORNER, VA March 30, 2015 — Executive Mosaic — GovConWire reported Friday on Gordon Foster, former chief financial officer and business management director at Northrop Grumman, joining ASRC Federal as its new CFO. ASRC Federal said Thursday the 18-year finance and business strategy veteran will lead its operations in corporate accounting and compliance, financial planning, program...
Roger Krone Assumes Chairmanship of Leidos Board
TYSONS CORNER, VA March 27, 2015 — Executive Mosaic — GovCon Wire reported Thursday on Leidos Holdings appointing chief executive Roger Krone, a Wash100 inductee for 2015, to the additional role of chairman of the board of directors. The move, announced at an earnings call in midweek, follows former CEO John Jumper’s retirement from the role announced in 2014. "John was immensely helpful during...
Mark Sopp: Biomass Plant Sale is Best Option for Leidos
TYSONS CORNER, VA March 26, 2015 — Executive Mosaic — Leidos Holdings has agreed to sell the Plainfield Renewable Energy Plant to Greenleaf Power the Hartford Courant reported Wednesday. Brian Dowling’s report quotes Leidos Chief Financial Officer Mark Sopp as saying Greenleaf Power would pay $30 million in cash and pledge $80 million in a secured note at the acquisition’s close, slated to occur...
Arnold Morse Appointed General Counsel, Chief Legal Adviser at CNSI
CNSI announced Tuesday that Arnold Morse, formerly chief legal officer and corporate secretary for CACI International (NYSE: CACI), has joined CNSI as general counsel. Morse will help direct corporate strategy as well as carrying out his duties as chief legal adviser. Prior to joining CNSI Morse held several leadership positions at CACI which span more than 20 years. He served as general counsel...