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GovConWire's Government Contracting News 5/27/2022

Broadcom Strikes $61B Cash-and-Stock Deal for VMware
M&A Activity

Broadcom Strikes $61B Cash-and-Stock Deal for VMware

Semiconductor company Broadcom (Nasdaq: AVGO) has agreed to acquire multicloud services provider VMware (NYSE: VMW) in a cash-and-stock transaction valued at approximately $61 billion as part of Broadcom’s strategy to establish a leading infrastructure technology company. The boards of directors of both companies unanimously approved the deal that is expected to close in Broadcom’s fiscal
Executive Mosaic CEO Jim Garrettson Presents 2022 Wash100 Award to Todd Probert, President of CACI NSIS
News

Executive Mosaic CEO Jim Garrettson Presents 2022 Wash100 Award to Todd Probert, President of CACI NSIS

Todd Probert, president of CACI International’s national security and innovative solutions business, was presented his 2022 Wash100 Award by Executive Mosaic CEO Jim Garrettson during a recent visit to the company’s office. Executive Mosiac recognizes Todd Probert as a two-time Wash100 Award winner for leading NSIS’ growth efforts in the national security sector through defense contract awards and technology
State Department OKs $2.6B Chinook Helicopter Sale to Egypt
Contract Awards

State Department OKs $2.6B Chinook Helicopter Sale to Egypt

The State Department has approved Egypt’s request to procure Boeing-built (NYSE: BA) Chinook helicopters and associated equipment from the U.S. government under a potential $2.6 billion transaction. The Defense Security Cooperation Agency said Thursday the proposed foreign military sale includes 23 CH-47F cargo aircraft units along with machine guns, installed and spare engines, embedded global
Paul Leslie Named to Redhorse Board; John Zangardi Quoted
Executive Moves

Paul Leslie Named to Redhorse Board; John Zangardi Quoted

Paul Leslie, retired chairman and CEO of Dovel Technologies, has joined the board of directors of Redhorse to provide consulting support and strategic guidance to the executive team as the company pursues growth initiatives. He will bring to Redhorse’s board his leadership experience, business insight and technical expertise in the field of federal technology and
GDMS-Iridium Team to Build Ground Segment for US Defense Space Architecture Under $324M Contract
Contract Awards

GDMS-Iridium Team to Build Ground Segment for US Defense Space Architecture Under $324M Contract

A team of General Dynamics’ (NYSE: GD) mission systems business and Iridium Communications (Nasdaq: IRDM) has received a potential $324.5 million contract from the Space Development Agency to build, operate and maintain ground entry points and operations centers for the first tranche of the National Defense Space Architecture. The contract also includes network operations and
Tim Phelps Promoted to DCS Finance Chief
Executive Moves

Tim Phelps Promoted to DCS Finance Chief

Tim Phelps, former vice president and corporate controller of DCS, has transitioned to new roles as chief financial officer and treasurer at the Arlington Virginia-based professional services contractor. He replaces Tom Fradette, who retired as CFO and treasurer after a 14-year career at DCS, the employee-owned company said Thursday. Phelps has managed the firm’s GovCon
Leidos Secures $292M Navy Contract to Help Sustain Anti-Submarine Warfare Systems
Contract Awards

Leidos Secures $292M Navy Contract to Help Sustain Anti-Submarine Warfare Systems

Leidos (NYSE: LDOS) will maintain surface ship undersea warfare systems for the U.S. Navy and the governments of Australia and Japan under a contract worth potentially $291.9 million. The company will install AN/SQQ-89 combat system shipset hardware and perform logistics support work under the contract with an initial value of $24 million, the Department of
Executive Spotlight With Maxar’s Tony Frazier Tackles Company Strategic Goals, Info Sharing With US Allies
News

Executive Spotlight With Maxar’s Tony Frazier Tackles Company Strategic Goals, Info Sharing With US Allies

Tony Frazier, executive vice president and general manager of public sector Earth intelligence at Maxar and a five-time Wash100 Award recipient, was featured in a recent Executive Spotlight interview published Wednesday. He discussed the company’s recent growth initiatives and its strategic goals for the rest of the year. The Q&A also tackled the unprecedented time
State Department Clears Potential $385M FMS Deal With Australia for HIMARS Launchers
News

State Department Clears Potential $385M FMS Deal With Australia for HIMARS Launchers

The State Department has approved the request of the Australian government to procure high mobility artillery rocket systems and related launcher equipment for approximately $385 million under the Foreign Military Sales program. The potential transaction includes 20 M142 HIMARS, 30 M30A2 guided multiple launch rocket systems, 10 M57 Army tactical missile systems and a number
Brandi Smith Named Columbia-Class Program VP at HII’s Newport News Shipbuilding Division
Executive Moves

Brandi Smith Named Columbia-Class Program VP at HII’s Newport News Shipbuilding Division

Brandi Smith, a two-decade shipbuilding industry veteran, has been promoted to vice president of the Columbia-class program at HII’s (NYSE: HII) Newport News Shipbuilding division. Smith, who serves as construction program director for the Columbia-class submarine, will assume her new position on June 1 and succeed Charles Southall, who will retire from HII on July
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