Business/Financial
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Business/FinancialSalient Federal Solutions Completes Acquisition Of CRGT
Salient Federal Solutions on Tuesday said it has completed its acquisition with CRGT Inc., which the two firms billed as a “merger of equals,” to go forward as Salient CRGT, […]
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Business/FinancialCBP Selects AS&E, Leidos, OSI Systems and Smiths For Mobile Inspection Systems
Customs and Border Protection (CBP) on Friday awarded initial task orders to four companies under a potential $293.1 million contract to supply the agency with large-scale medium-energy mobile inspection systems […]
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Business/FinancialVersar To Acquire Federal Security Integration Business From Johnson Controls
Versar, Inc. [VSR] on Wednesday said it has agreed to acquire the physical and network security integration business of Johnson Controls [JCI] for $20 million in a deal that adds […]
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Business/FinancialRaytheon, Navy Demonstrate MALD-J Electronic Warfare
The U.S. Naval Research Lab and Raytheon [RTN] demonstrated successful captive flights of a modular, rapid replacement architecture for electronic warfare (EW) payloads on the Miniature Air Launched Decoy-Jammer (MALD-J), […]
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ArmyArmy Awards AM General $428 Million Contract For Humvee Configured Ambulances
AM General was awarded a firm-fixed-price, multi-year, indefinite-delivery/indefinite-quantity (IDIQ) contract worth over $428 million by the Army, Army Reserve, and Army National Guard for new M997A3 High Mobility Multipurpose Wheeled […]
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Business/FinancialAmid Strategic Review, Lockheed Martin To Shed 500 Jobs From IT Services Business
Lockheed Martin [LMT] on Wednesday said it plans to reduce the workforce of its IT services segment by 500 employees to improve the competitiveness of the business, which the company […]
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Business/FinancialCoast Guard Awards GD Small Contract To Update Rescue 21 In Alaska
General Dynamics [GD] said the Coast Guard has awarded the company a potential $10 million contract to upgrade the service’s Rescue 21 search and rescue system in Alaska. Under the […]
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Business/FinancialKicking Off Work On Potential $4.3 Billion Healthcare Contract, Leidos Sees Slow Sales Ramp
Fresh off its milestone win in late July of a potential 10-year, $4.3 billion contract to modernize and make more efficient healthcare records management at the Defense Department, Leidos [LDOS] […]
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Air ForceFollowing NORAD Win, Raytheon Expanding Presence In Colorado Springs
Following favorable resolution last week of a contract protest, Raytheon [RTN] on Wednesday said it is expanding its presence in Colorado Springs, Colo., to support operations at NORAD’s Cheyenne Mountain […]
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Business/FinancialWith Spin-Off Pending, CSC’s Government Services Business To Acquire SRA International
CSC [CSC] late Monday afternoon said that its $4.1 billion government services business, which is set to be spun out as a separate company this fall, will acquire IT services […]