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Symantec Sets Jan. 29 Close for $8B Veritas Sale to Carlyle Group

The Carlyle Group (Nasdaq: CG) is set to conclude its potential $8 billion acquisition of Veritas from Symantec (Nasdaq: SYMC) onJan. 29 after the closing conditions are met. Bill Coleman, formerly a a partner at venture capital firm Alsop Louie Partners, will serve as CEO of Veritas upon the deal’s close, Symantec said Monday
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Lockheed Gets $1B Contract for F-35 Parts, Materials Procurement

The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a four-year, $1.2 billion advance acquisition contract to obtain long-lead materials, components and parts necessary for the manufacture of low-rate initial production Lot 11 F-35s…
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Cubic Buys GATR, TeraLogics to Expand C4ISR, Satcom Portfolios; Bradley Feldmann Comments

Cubic Corp. (NYSE: CUB) has acquired GATR Technologies for $232.5 million and TeraLogics for $39 million in a push to grow Cubic’s defense systems business and expand its command, communications, control, computers, intelligence, surveillance and reconnaissance offerings…
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CSRA to Help Build Federal Court E-Filing Platform Under $115M Task Order

CSRA (NYSE: CSRA) has received a potential five-year, $115 million task order to develop software for the Administrative Office of the U.S. Courts to electronically manage case filings across the federal court system…
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Brazil Taps BAE for $82M Assault Amphibious Vehicle Production, Upgrade Contract

BAE Systems will produce and supply 23 AAV7A1 Reliability, Availability, and Maintainability/Rebuild to Standard assault amphibious vehicles to Brazil’s marine corps through a potential $82 million contract…
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Harris Lands $66M Falcon III Radio Orders From Mideast Client; Brendan O’Connell Comments

Harris Corp. has received orders worth $66 million to supply Falcon III wideband tactical radios and accessories to a Middle East nation as part of an effort to modernize the client’s communications program…
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CAE Captures $72M in Contracts for Pilot Training, Full-Flight Simulator Sales

CAE has received contracts worth approximately $71.7 million combined to provide cadet-to-captain training services and training equipment to five international commercial airlines. The company said Monday the contracts include cadet and pilot training for China’s Shenzhen Airlines, Japan’s Spring Airlines and a European customer…
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December 21 Market Close: GovCon Index Turns Around Two-Day Slump

The GovCon Index rode the markets up and closed at 76.181, up 0.906%. The markets experienced a roller coaster throughout the trading day but ended positive with strong movement the last 30 minutes of the trading day…
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