Posts from ExecutiveBiz for 12/08/2015

L-3 Agrees on $550M Gov’t Services Segment Sale to CACI

New York City-based defense contractor L-3 Communications (NYSE: LLL) has agreed to sell its government services business segment to Arlington, Virginia-headquartered public sector services company CACI International (NYSE: CACI) for $550 million cash, the companies said Tuesday…

Rodney Slater, Mary Schapiro Join Mitre’s Board of Trustees; Alfred Grasso Comments

Rodney Slater and Mary Schapiro have joined Mitre Corp. as members of the company’s board of trustees. Slater is a former secretary of the Transportation Department and Schapiro most recently served as chair of the U…

Reuters: Aerojet Rocketdyne, Air Force Hold Engine Funding Discussions

The U.S. Air Force and Aerojet Rocketdyne are currently in discussions about potential financing of the company’s proposed domestic substitute for the Russian RD-180 rocket engine, Reuters reported Monday…

CBO: US Deficit at $200B After 2 Months of FY 2016

The Congressional Budget Office reports the federal budget deficit amounted to $200 billion over the first two months of the government’s 2016 fiscal year, a $22 billion increase from the same period in fiscal 2015…

Orbital ATK to Produce Sidewinder Rocket Motor for US Air Force; Pat Nolan Comments

The U.S. Air Force has selected Orbital ATK to produce rocket motors for the service branch’s Sidewinder missile systems. Orbital ATK will carry out an acceptance test on the AIM-9P Sidewinder rocket motor and build batches of the motor for foreign military sales customers, the company said Monday…

Jeh Johnson: New Terror Warning System to Include Intermediate-Level Threats

The Department of Homeland Security plans to deploy a new terror threat warning system that works to notify the public of a homeland security threat at an intermediate level, The Hill reported Monday. Julian Hattem writes the upcoming system will succeed the currently used National Terrorism Advisory System and will be the federal government’s third major warning system since Sept…

GSA Program Adds New Features to Web Analytics Tool

The General Services Administration‘s Digital Analytics Program has updated the U.S. government website analytics tool to introduce new features such as location and download data and expanded downloadable files…

FEMA Hosts Industry Day to Brief Contractors on IT Support Contracts

The Federal Emergency Management Agency held an industry day Saturday in Washington to seek potential contractors that can offer information technology systems and services to FEMA. FEMA said in a notice published Nov…