Posts from ExecutiveBiz for 05/05/2016

Orbital ATK 1Q Earnings Meet Street Outlook, Miss on Revenue; Huntington Ingalls 1Q & Maximus 2Q Results Top Analyst Estimates

Three companies listed in Executive Mosaic’s GovCon Index reported quarterly financial results before U.S. financial markets opened Thursday with one in-line against analyst expectations for earnings per share and below on revenue and the other two contractors above Wall Street’s outlook for both figures…

Army Invites Bids for $5B Desktop, Mobile Computers Follow-On Contract

The U.S. Army has opened an industry competition for a potential 10-year, $5 billion governmentwide acquisition contract covering a wide range of desktop and mobile computing systems and peripherals, Fedscoop reported Wednesday…

CBO: HASC’s Fiscal 2017 Defense Bill to Lower DoD Spending Over 10 Years

The Congressional Budget Office Director estimates that the passage of the House Armed Services Committee’s fiscal year 2017 defense authorization bill would reduce the Defense Department‘s net direct spending by up to $206 million over the next decade…

Navy Awards SAIC Potential $141M Product Development Support Task Order; Tom Watson Comments

Science Applications International Corp. (NYSE: SAIC) has received a potential five-year, $141 million task order from the U.S. Navy to provide a range of product development support services for current and future programs run by the Naval Sea Systems Command…

Prisons Bureau Taps Siemens for Energy & Water Conservation Support Contract; Barbara Humpton Comments

The Federal Bureau of Prisons has awarded a $38.6 million Energy Savings Performance Contract to Siemens to establish energy and water conservation measures at two correctional facilities in Kentucky…

Shaun Donovan: New OMB Officer to Draft Policy on Administrative Shared Services

The Office of Management and Budget has announced plans to appoint a shared services policy officer that will work to develop and implement government-wide rules on administrative shared services. OMB Director Shaun Donovan wrote in a memorandum published Wednesday that the creation of the SSPO position is part of OMB’s effort to implement a “cross-functional governance model” for shared services…

Northrop, RFID Global to Present Counterfeit Electronic Part Detection Tools at DARPA Demo Day

Northrop Grumman and its partner RFID Global Solution will showcase at the Defense Advanced Research Projects Agency-hosted Demo Day a miniaturized chip and software designed to detect counterfeit electronic components…

DHS OKs Iron Mountain-Summit Technical Solutions Mentorship Agreement

The Department of Homeland Security‘s Office of Small and Disadvantaged Business Utilization has approved a new mentor-protege arrangement between Iron Mountain and Summit Technical Solutions…

Lockheed-Run Sandia Lab Gets DOE Contract Renewal to Manage Regional Test Centers

Sandia National Laboratories has received a three-year contract renewal from the Energy Department to manage regional test centers that assess the performance, reliability and economic viability of solar photovoltaic technologies…

Boeing’s Insitu Subsidiary, PrecisionHawk Form Alliance to Aid Commercial Drone Customers

Insitu has formed a strategic alliance with PrecisionHawk in an effort to develop unmanned aircraft system services that work to help commercial enterprises meet safety requirements for unmanned flights…

Jacobs Nabs Air Force Bridge Contract for Research Operations Support

Jacobs has secured a six-month, $9.8 million bridge contract from the U.S. Air Force to continue to provide research operations support services to the Air Force Research Laboratory. More than 100 Jacobs staff will continue supporting the planning, scheduling, management and evaluation of propulsion system tests for AFRL, the company said Wednesday…