Posts from GovConWire for 01/27/2017

Millstein & Co. Buys PRA Group’s Government Service Businesses for $91.5M

New York-based financial services firm Millstein & Co. has purchased four government service businesses from Norfolk, Virginia-based debt buyer PRA Group (Nasdaq: PRAA) for $91.5 million cash. Millstein said Thursday it will operate Broussard Partners, eGov Systems, MuniServices and Revenue Discovery Systems through its newly formed entity – Government Revenue Solutions – that will work to provide technology, revenue enhancement and consulting services to government agencies…
Read More

Rolls-Royce Awarded $74M Air Force C-130J Propulsion Sustainment Task Order

Rolls-Royce has secured a $73.6 million task order to sustain the propulsion systems of the U.S. Air Force‘s fleet of C-130J Super Hercules transport aircraft. The company will also provide inventory control point management, repair, sustaining engineering and technical data support services under the task order, the Defense Department said Thursday…
Read More

IARPA Launches Challenge to Facilitate Biometric Fingerprint Collection System Development

The Intelligence Advanced Research Projects Activity has unveiled a competition that seeks to develop new biometric systems designed to recognize and capture complete fingerprints without the need for human operators…
Read More

Draper Lab Receives $54M Navy Contract for Trident Missile Guidance System Production

The U.S. Navy has awarded Charles Stark Draper Laboratory a five-year, $53.5 million contract to produce the MK 6 guidance system for Trident II D5 fleet ballistic missiles. Draper Lab will also support failure verification, test, repair and recertification of inertial measurement units, electronic assemblies and electronic modules under the contract, the Defense Department said Thursday…
Read More

Ball Aerospace, Infoscitex Land $75M in Contract Modifications Under Air Force Cognitive Tech R&D IDIQ

Ball Aerospace & Technologies Corp. and Infoscitex have received contract modifications worth $75 million combined to continue to provide research and development support in the areas of human perception and cognitive technologies for the U…
Read More

Leidos to Continue CBRNE Threat Simulation, Modeling Support for DTRA

Leidos has been awarded a potential three-year, $17 million task order to help the Defense Threat Reduction Agency model and simulate chemical, biological, radiological, nuclear and explosive threats…
Read More

DLT, Veracode Partner to Market App Security Tool to Govt Customers

DLT Solutions and Veracode have signed a partnership agreement to offer public sector customers a technology platform designed to secure applications. The Veracode Application Security Platform works to help users scan an application’s components and provides a central repository of results on the risk posture of each application, DLT said Thursday…
Read More

Huntington Ingalls Starts ‘Lenah Higbee’ Destroyer Ship Fabrication

Huntington Ingalls Industries‘ Ingalls Shipbuilding division has started to fabricate an Arleigh Burke-class guided missile destroyer for the U.S. Navy at the company’s shipyard in Mississippi…
Read More

Reportlinker: North America to Help Drive Undersea Warfare System Demand Through 2026

Reportlinker has released a report that predicts a 5.36 percent compound annual growth rate for the global undersea warfare systems market from 2016 to 2026. The “Global Undersea Warfare Systems Market 2016–2026” report predicts North America will dominate the market over the forecast period with a potential 33…
Read More

January 26 Market Close: GovCon Index Dragged by McKesson, Raytheon & Northrop in Mixed US Stock Trading Session

Executive Mosaic’s GovCon Index traded lower Thursday with declines by large caps McKesson Corp. (NYSE: MCK), Raytheon (NYSE: RTN) and Northrop Grumman (NYSE: NOC) the main contributors in a mixed trading session for U…
Read More