Posts from GovConWire for 07/28/2016

Northrop CEO Eyes Tech Services Segment Reposition Versus Sale or Spinoff

Northrop Grumman‘s (NYSE: NOC) chief executive signaled to investors Wednesday that he would rather reposition its technology services segment to different focus areas rather than pursue a sale or spinoff of the division…
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ManTech Tops Street’s 2Q Earnings Forecast, Reports 19% Profit Jump

ManTech International (Nasdaq: MANT) reported second quarter earnings Wednesday that topped the consensus analyst estimate in part on task order awards for cybersecurity support services to federal agencies…
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Bloomberg: USAF Expects Sept. Release of GAO’s ‘Declassified’ Bomber Contract Bid Protest Ruling Documents

The U.S. Air Force could finish a declassified copy of the Government Accountability Office‘s decision to uphold the military branch’s selection of Northrop Grumman (NYSE: NOC) over a Boeing (NYSE: BA)-Lockheed Martin (NYSE: LMT) team for the Long Range Strike Bomber program around late September, Bloomberg reported Wednesday…
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UTC to Refurbish F-100 Engine Components Under Air Force Contract

United Technologies Corp. has received a two-year, $41.5 million contract from the U.S. Air Force to remanufacture F-100-PW-220/229 rear compressor stators and F100-PW-229 compressor stators, duct segments and variable vanes…
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Raytheon Lands DISA Systems Engineering, Integration Support IDIQ

Raytheon has received a five-year, $40 million contract to support the activities of the Defense Information Systems Agency‘s Joint System Engineering and Integration Office. The company will execute the task at its Arlington, Virginia-based facility from Aug…
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Jimmy Viescas Joins SGI Global as Chief Financial Officer

Jimmy Viescas, a 14-year government contracting veteran and former director of finance at Octo Consulting Group, has been named chief financial officer of Alexandria, Virginia-based security services provider SGI Global…
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L-3 Wins Contract to Build AWACS Flight Crew Training System for Air Force

L-3 Communications‘ link simulation and training division has won a $38.3 million contract from the U.S. Air Force to develop a flight crew training system for the service branch’s airborne warning-and-control system aircraft…
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Elizabeth Buske Named SPARC CEO as Marc Murphy Steps Down

Elizabeth Buske, vice president of business integration at SPARC, has been selected to succeed Marc Murphy as CEO of the Charleston, South Carolina-based software development firm, The Post and Courier reported Wedneday…
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Army, RoosterBio to Collaborate on Stem Cell Treatment Development; Jon Rowley Comments

RoosterBio has partnered with the U.S. Army to research and develop stem cell-based treatments for soldiers who suffered from limb loss, severe burns and other trauma-related injuries. The U.S. Army Institute of Surgical Research and RoosterBio will explore the potential use of mesenchymal stem cells in regenerative medicine and acute trauma care applications under the three-year cooperative research and development agreement, the company said Wednesday…
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Sakor to Supply AC Dynamometers for Lockheed’s Aerospace Project Tests

Sakor Technologies will deliver two AC motoring dynamometers to Lockheed Martin‘s space systems business to support the research, development, quality control and design validation of Lockheed’s aerospace projects…
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BAE, Intelligent Textiles Partner on Wearable Power Supply Tech Offering; Paul Burke Comments

BAE Systems has partnered with Intelligent Textiles to market a new wearable technology designed to serve as an alternative to heavy portable data and power supplies for military and emergency service personnel use…
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July 27 Market Close: GovCon Index Gets Lift on CGI, GD & Boeing Earnings Beats

Executive Mosaic’s GovCon Index advanced against choppy activity in the larger U.S. stock market Wednesday as five GCI stocks released quarterly financial results before the opening bell. The GovCon Index gained 0…
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