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Carlyle Group Reduces Booz Allen Ownership Stake to 11.3%

The Carlyle Group (Nasdaq: CG) has cut its ownership stake in Booz Allen Hamilton (NYSE: BAH) to 11.3 percent after the private equity firm sold 13 million shares to Morgan Stanley & Co. for $377…
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S&K Aerospace Gets $269M AF Contract Modification for ‘Parts and Repair Ordering System’ Services

Montana-based tribally owned business S&K Aerospace has landed a $269 million contract modification from the U.S. Air Force to support the service branch’s Parts and Repair Ordering System IV…
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Naval Research Lab Taps 8 Firms for $245M IT Engineering, Technical Support IDIQ

The U.S. Navy has awarded eight companies spots on a potential five-year, $245 million contract to provide engineering and technical services to the Naval Research Laboratory’s information technology division…
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General Dynamics Lands $83M Littoral Combat Ship Maintenance Contract

A General Dynamics (NYSE: GD) subsidiary has received an $83.5 million contract to sustain the U.S. Navy’s fleet of littoral combat ships and maintain the vessels’ facilities. San Diego-based General Dynamics National Steel and Shipbuilding Co…
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DISA to Solicit Proposals for DoD milCloud 2 Phase 1 Contract by June 6

The Defense Information Systems Agency will release a request for proposals for the first phase of the Defense Department‘s milCloud 2 infrastructure-as-a-service system by June 6. The contract works to support the integration of commercial infrastructure services into a private cloud platform for the DoD community, DISA said in a pre-solicitation notice posted Friday on FedBizOpps…
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Parsons VP Marianne Meins Named Federal Cyber Intell & Operations Sector Manager; Biff Lyons Comments

Marianne Meins, a vice president at Parsons, has been appointed as manager of the company’s federal cyber intelligence and operations sector. Meins, formerly a business development manager at Parsons’ defense and security division, will lead the company’s business activities with the intelligence community, Parsons said Monday…
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Huntington Ingalls Awarded $152M to Design, Engineer Nuclear-Powered Carrier for US Navy

Huntington Ingalls (NYSE: HII) has received a potential $152 million contract for design, research, development and engineering of the U.S. Navy’s future nuclear-powered aircraft carrier Enterprise…
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Scott Miller Named FCi Federal CEO, Sharon Virts to Become Exec Chairman

Scott Miller, president of FCi Federal since 2012, will serve in the additional role of CEO at the Ashburn, Virginia-based operations management and professional services contractor. FCi Federal said Monday that Scott will bring three decades of management and operations experience in the federal and commercial markets to his new position…
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Navy Seeks Industry Sources for Large Displacement Unmanned Undersea Vehicle System

The U.S. Navy seeks information on potential industry sources that can help develop a prototype of the Large Displacement Unmanned Undersea Vehicle system designed to support the service branch’s underwater intelligence, surveillance and reconnaissance missions…
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6 Contractors Win Spots on $460M Cybercom Mission Support IDIQ

Six companies have won positions on a potential $460 million multiple-award contract to support defensive and offensive cyberspace missions of the U.S. Cyber Command over the next five years, Federal Times reported Monday…
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May 23 Market Close: GovCon Index Slides, US Markets Mixed on Apple Bounce & Rate Hike Chatter

The GovCon Index consistently traded lower for the entirety of Monday trade and closed at a decline of 0.509 points to 77.267 with U.S. financial markets choppy in light of a sharp gain by Apple and speculation among investors about potential interest rate hikes this year…
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