CATEGORY ARCHIVES: NEWS

IBM Eyes Truven Health Analytics Acquisition for $2.6B

TYSONS CORNER, VA, February 22, 2016 — IBM‘s (NYSE: IBM) Watson Health business has moved to acquire Truven Health Analytics from venture firm Veritas Capital for $2.6 billion, GovCon Wire reported Friday. IBM said Thursday cloud-based health analytics company Truven would bring...

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Lockheed Martin Appoints Ulrich Finkenbusch Head of Germany Operations

TYSONS CORNER, VA, February 19, 2016 — Ulrich Finkenbusch, formerly part of Lockheed Martin‘s (NYSE: LMT) U.S.-based international business development team, will assume the leadership of the company’s operations in Germany, GovCon Wire reported Thursday. Lockheed said Wednesday Finkenbusch will oversee...

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Navy Picks 3 Companies for Warship Repairs Under Nearly $3B Contract

TYSONS CORNER, VA, February 18, 2016 — A General Dynamics (NYSE: GD) subsidiary, BAE Systems and Marine Hydraulics International will provide repair, maintenance and modernization services for U.S. Navy vessels under a potential $2.6 billion contract, GovCon Wire reported Wednesday. The Defense Department...

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GAO Upholds AF Bomber Award to Northrop, Denies Boeing-Lockheed Protest

TYSONS CORNER, VA, February 17, 2016 — The Government Accountability Office has upheld the U.S. Air Force‘s award of the potential $80 billion Long Range Strike Bomber contract to Northrop Grumman (NYSE: NOC) in October, GovCon Wire reported Tuesday. The report...

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Fluor-Led Consortium to Clean Up DOE Nuclear Facility in Idaho for $1B

TYSONS CORNER, VA, February 16, 2016 — Fluor (NYSE: FLR) and its partners will provide nuclear waste cleanup services at an Energy Department-run nuclear facility in Idaho under a $1.4 billion contract, GovCon Wire reported Friday. The company said Thursday the Fluor...

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Leidos Hires New VP of Sales for Health Business Group

TYSONS CORNER, VA, February 12, 2016 — Leidos (NYSE: LDOS) has hired Chris Freer, formerly vice president of population health at SPH Analytics, as sales VP for the Leidos health business group, GovCon Wire reported Tuesday. Leidos said Monday Freer joined the...

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CSRA Unit to Update Veterans Disability Claims Processing System for $233M

TYSONS CORNER, VA, February 11, 2016 — A subsidiary of CSRA (NYSE: CSRA) will update the Veterans Benefits Administration‘s disability claims processing system under a $233 million task order award, GovCon Wire reported Tuesday. The company said Tuesday SRA International received the Intake,...

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BAE Systems Gets $290M for Devt of UK Successor Submarine Prototypes

TYSONS CORNER, VA, February 10, 2016 — BAE Systems has received $290 million from the U.K. defense ministry to design and build prototypes of the Successor submarine, which will replace the country’s Vanguard-class nuclear missile submarine fleet, GovCon Wire reported Tuesday. The...

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Navy Taps 5 Companies for Continued T&E Support

TYSONS CORNER, VA, February 9, 2016 — The U.S. Navy has selected five companies to continue their support for analytical test and evaluation activities under separate six-month contract modification awards, GovCon Wire reported Monday. The Defense Department said Friday it awarded $7.7...

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Raytheon to Implement Updated ATC Systems at 22 US Airports for $135M

TYSONS CORNER, VA, February 8, 2016 — Raytheon (NYSE: RTN) will update the air traffic control systems at 22 U.S. airports under a $135 million contract modification from the Federal Aviation Administration, GovCon Wire reported Friday. The company said Friday...

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Leidos Appoints Donald Kosiak as Chief Medical Officer

TYSONS CORNER, VA, February 5, 2016 — Leidos (NYSE: LDOS) has hired Donald Kosiak, Avera Health‘s former vice president for medical development and eCARE executive medical director, as chief medical officer, GovCon Wire reported Thursday. Leidos said Wednesday Kosiak will manage its business strategy alignment...

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MTSI Appoints Steve Trieber VP of Strategic Devt; Kevin Robinson Comments

TYSONS CORNER, VA, February 4, 2016 — Steve Trieber, CACI International‘s (NYSE: CACI) former senior vice president for the analytic fusion and identity intelligence division, has been named Modern Technology Solutions Inc.’s new vice president for strategic development, GovCon Wire reported...

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CACI, L-3 Close $550M Deal on National Security Solutions Business; Ken Asbury Comments

TYSONS CORNER, VA, February 3, 2016 — CACI International (NYSE: CACI) and L-3 Communications (NYSE: LLL) have closed their $550 million transaction on the former’s acquisition of L-3 National Security Solutions, GovCon Wire reported Tuesday. CACI said Monday its new NSS unit...

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Bob Billeaud-Led SOSi Unit to Add Acquired 'New World Solutions' Business

TYSONS CORNER, VA, February 2, 2016 — SOS International has acquired New World Solutions as part of efforts to increase its technology portfolio for the Intelligence Community, GovCon Wire reported Monday. SOSi said Friday the new subsidiary will be led by...

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Boeing to Produce Lot III P-8A for Navy, Australia Under $2B Contract Modification

TYSONS CORNER, VA, February 1, 2016 — Boeing (NYSE: BA) will build 16 full-rate production Lot III P-8A Poseidon for the U.S. Navy and four for the Australian government under a $2.5 billion contract modification, GovCon Wire reported Friday. The Defense Department said Thursday the contract...

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