Dell-Tata Negotiations Over Perot IT Business Acquisition Ongoing
TYSONS CORNER, VA, January 7, 2016 — Dell and India-based IT consulting firm Tata Consultancy Services have rekindled talks for the purchase of Dell’s Perot Systems subsidiary, GovCon Wire reported Wednesday. The Economic Times reported Monday the companies ceased initial negotiations after...
Intel Acquires Ascending Technologies; Josh Walden Comments
TYSONS CORNER, VA, January 6, 2016 — Intel (Nasdaq: INTC) will acquire Ascending Technologies, a German unmanned aerial vehicle developer, for an undisclosed amount to further the optimization of Intel’s technology in the drone marketplace, GovCon Wire reported Tuesday. “We plan...
Lockheed Martin Lands Contract Modifications to Build 43 C-130J Super Hercules Aircraft
TYSONS CORNER, VA, January 5, 2016 — Lockheed Martin (NYSE: LMT) will build 32 C-130J Super Hercules aircraft for $1.1 billion and an additional 11 for $62 million under two separate contract modifications, GovCon Wire reported Monday. The Defense Department said...
Raytheon Lands $467M Navy Contract for US, UK Satcom Terminals
TYSONS CORNER, VA, January 4, 2016 — Raytheon (NYSE: RTN) will supply satellite communications terminals to U.S. and U.K. naval forces under a $466.6 million contract from the Space and Naval Warfare Systems Command, GovCon Wire reported Wednesday. The Defense...
SAP NS2 Hires Ross Ashley for SVP Role; Mark Testoni Comments
TYSONS CORNER, VA, December 30, 2015 — SAP‘s (NYSE: SAP) national security services subsidiary has appointed Ross Ashley, formerly assistant administrator of the Federal Emergency Management Agency‘s grant programs directorate, as senior vice president of business and partner development, GovCon...
DISA Picks 8 Companies on $4B Telecom Network Support Contract
TYSONS CORNER, VA, December 29, 2015 — AT&T (NYSE: T), Level 3 Communications (NYSE: LVLT) and business units of Harris (NYSE: HRS) and CenturyLink (NYSE: CTL) have been named on a $4.3 billion telecommunications contract from the Defense Information Systems Agency,...
India Eyes $2B Purchase of General Atomics Surveillance, Armed Drones
TYSONS CORNER, VA, December 28, 2015 — India has indicated an interest to buy $2 billion in General Atomics-built Avenger and Predator XP armed and surveillance drones, GovCon Wire reported Wednesday. PTI reported Tuesday the country plans to use the drones...
Lockheed Lands $1B Contract for F-35 Components to US, Foreign Customers
TYSONS CORNER, VA, December 23, 2015 — Lockheed Martin (NYSE: LMT) will provide F-35 long-lead materials and components for Lot 11 low-rate initial production under a $1.2 billion contract from the U.S. Navy, GovCon Wire reported Tuesday. The Defense Department...
MDA Awards Raytheon $2B SM-3 Contract Modification
TYSONS CORNER, VA, December 22, 2015 — Raytheon (NYSE: RTN) will provide Standard Missile-3 IB weapons to the Missile Defense Agency under a potential six-year, $2.3 billion contract modification, GovCon Wire reported Monday. The Defense Department said Friday the order includes...
ManTech Lands Spot on $5B DTIC Cyber Tasks Contract; Bill Varner Comments
TYSONS CORNER, VA, December 21, 2015 — ManTech International (Nasdaq: MANT) has secured a spot on the Defense Technical Information Center’s $5 billion Cyber Security and Information Systems Technical Area Tasks multiple-award contract, GovCon Wire reported Friday. The company said Friday tasks under...
Lockheed Martin Lands $216M Contract for Apache Pilot Night-Vision Systems FMS
TYSONS CORNER, VA, December 18, 2015 — Lockheed Martin (NYSE: LMT) will produce Modernized Target Acquisition Designation/Pilot Night Vision Systems for India’s Apache helicopters under a $215.8 million foreign military sales contract, GovCon Wire reported Thursday. The Defense Department said Wednesday...
Lockheed Martin Lands $147M Contract for Trident II Missile Support to US, UK
TYSONS CORNER, VA, December 17, 2015 — Lockheed Martin (NYSE: LMT) will provide navigation system engineering support for U.S. and U.K. Trident II D5 missiles under a $147 million contract from the U.S. Navy, GovCon Wire reported Wednesday. The Defense Department...
Lockheed Martin Lands $1B Modification on PAC-3 FMS Contract
TYSONS CORNER, VA, December 16, 2015 — Lockheed Martin (NYSE: LMT) will supply Patriot Advanced Capability-3 missiles for Korea, Qatar and Saudi Arabia under a $1.09 billion modification to a foreign military sale contract, GovCon Wire reported Tuesday. The Defense Department...
PAE Gets 3 Acquisition Offers For Potential $900M Transaction
TYSONS CORNER, VA, December 15, 2015 — PAE has received acquisition offers from three private equity firms, with Apollo Global Management identified as the leading bidder following an auction process, GovCon Wire reported Monday. Reuters reported Friday Apollo and PAE owner Lindsay Goldberg...
MDA Awards $66M Modification to Raytheon Antenna Equipment Contract
TYSONS CORNER, VA, December 14, 2015 — The Missile Defense Agency has awarded Raytheon (NYSE: RTN) a modification that increased the value of a previously awarded contract for antenna equipment to $955.3 million, GovCon Wire reported Friday. The Defense Department said...