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Synchronoss Buys Razorsight in Potential $40M Deal

New Jersey-based cloud services firm Synchronoss Technologies (Nasdaq: SNCR) has acquired Razorsight, a provider of cloud-based predictive analytics technology, in a deal worth $25 million. An additional $15 million could be placed on top of the acquisition value through financial milestones by Razorsight…
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Bechtel Lands $605M Navy Contract for Nuclear Propulsion Components

Bechtel’s plant machinery division has won a potential $605 million contract to continue to provide nuclear propulsion components for the U.S. Navy. The Naval Sea Systems Command awarded the cost-plus-fixed-fee contract under the Naval Nuclear Propulsion Program, the Defense Department said Friday…
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Tom Sorel Joins Serco as Surface Transportation VP, Program Director

Tom Sorel, formerly vice president of Twin Cities operations at KLJ Engineering, has joined Serco Inc. as VP and program director of surface transportation for the company. He will oversee Serco’s efforts to expand the transportation business into government programs and develop industry best practices for key projects, Serco said Friday…
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Scott Goldstein Named Ensco Chief Strategy, Tech Officer; Boris Nejikovsky Comments

Air Force Reserve Brig. Gen. Scott Goldstein, a former chief technologist and head of the advanced missions solutions group at Dynetics, will join Ensco as chief strategy and technology officer effective Nov…
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SpaceX Gets Initial ISS Crew Mission Task Order from NASA; Julie Robinson Comments

SpaceX has secured a task order from NASA to transport astronauts to and from the International Space Station in 2017 under a potential $2.6 billion Commercial Crew Transportation Capability contract…
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Philip Cullom Nominated to DoD Asst Sec for Energy, Installations & Environment

Philip Cullom, deputy chief of naval operations for fleet readiness and logistics, has been nominated to the role of Defense Department assistant secretary for energy, installations and environment. President Barack Obama announced Thursday Cullom’s nomination along with other administration posts…
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Fairfax Chamber to Rebrand, Restructure by January; Mitchell Weintraub Comments

The Fairfax County Chamber of Commerce will transition into a new entity named the Northern Virginia Chamber of Commerce by January as part of its rebranding and restructuring efforts. The chamber said Wednesday the change works to unify the “voice of business” in northern Virginia…
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November 23 Morning Report: GovCon Index Posts 5.45% Climb in Strongest Week of 4QTD

The GovCon Index closed Friday with a gain of 0.710 points to 79.650 and capped its strongest week for the quarter so far with a 5.45-percent climb. The Index’s strong performance over the past week follows increased activity in the defense sector, with Navistar International (NYSE: NAV), Rockwell Collins (NYSE: COL), Computer Sciences Corp…
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