Seven companies have won positions on a potential five-year, $135 million contract to provide technology research and development support to the U.S. Army. The Army Contracting Command awarded the multiple-award, indefinite-delivery/indefinite-quantity contract through a competitive acquisition process with 19 proposals received, the Defense Departm...
Belcan, a portfolio company of private investment firm AE Industrial Partners, has purchased Intercom Consulting & Federal Systems for an undisclosed sum in a push to help address customer demand for information technology security platforms and services. Belcan CEO Lance Kwasniewski said in a statement released Wednesday the...
Executive Mosaic’s GovCon Index struggled for clear direction Thursday strong gains by Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) on second quarter earnings reports were offset by large plunges from McKesson Corp. (NYSE: MCK) and Boeing (NYSE: BA). The GovCon Index recorded a decline of 0.061 points to 82.313 with s...
TYSONS CORNER, VA, July 28, 2016 ” ICF International has received three cooperative agreements worth $11.2 million from the Department of Housing and Urban Development to provide various support services to the department™s technical assistance and capacity building program, ExecutiveBiz said Wednesday. The company said Wednesday...
TYSONS CORNER, VA, July 28, 2016 ” A General Atomics business unit has provided full plant radiation monitoring systems to the Watts Bar Unit 2 nuclear power plant after the company was selected by the Tennessee Valley Authority, ExecutiveBiz said Wednesday. The company said Tuesday the radiation monitoring systems built by Gener...
TYSONS CORNER, VA, July 28, 2016 ” Hughes Network Systems has teamed with Klas Telecom, GetSAT and NexTech Solutions to develop and demonstrate a mobile satellite communications technology that supports voice, data and video, ExecutiveBiz reported Wednesday. Klas Telecom said Tuesday the communications-on-the-move platform h...
TYSONS CORNER, VA, July 28, 2016 ” Lockheed Martin (NYSE: LMT) and its partners Purdue University, New Mexico State University and the New Mexico Institute of Mining and Technology will bid on a potential 10-year, $2.9 billion contract to manage and operate Sandia National Laboratories, ExecutiveBiz reported Tuesday. The university pa...
TYSONS CORNER, VA, July 28, 2016 ” Joe Ayers, vice president of Hewlett Packard Enterprise‘s (NYSE: HPE) federal enterprise group, has said the future merger between HPE’s enterprise services segment and Computer Sciences Corp. will create a large information technology services company that works to support the systems in...
Three government contractors listed in Executive Mosaic’s GovCon Index reported second quarter financial results before U.S. markets opened Wednesday. Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) both lifted full-year earnings and revenue guidance Thursday on second quarter results that topped the consensus analyst ou...
Northrop Grumman‘s (NYSE: NOC) chief executive signaled to investors Wednesday that he would rather reposition its technology services segment to different focus areas rather than pursue a sale or spinoff of the division. Falls Church, Virginia-based Northrop created the technology services segment at the start of this year from a rea...
