Posts from GovConWire for 10/06/2017

MDA Unveils ‘Maxar’ Senior Leadership Team Post-DigitalGlobe Acquisition

Executives from MacDonald, Dettwiler and Associates and DigitalGlobe have been appointed to the senior leadership team at Maxar Technologies – the new company formed through MDA’s $3.6 billion acquisition of the Earth imagery services provider…
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Tetra Tech to Help FAA Develop Navigation Tech Under Potential $356M Contract

Tetra Tech (Nasdaq: TTEK) has received a potential five-year, $356 million contract to research and develop navigation systems for the Federal Aviation Administration. The Navigation Technical Assistance Contract II seeks to address commercial aviation efficiency and safety challenges through the integration of ground- and space-based navigation platforms,  Tetra Tech said Thursday…
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Deltek to Purchase Onvia for $70M Cash

Deltek has agreed to acquire public-sector market intelligence provider Onvia (Nasdaq: ONVI) for approximately $70 million in cash, or $9.00 per share. Both companies expect to complete their combination in the fourth quarter of 2017 and Deltek said Thursday the deal will expand the firm’s GovWin IQ information product offerings for government contractors…
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PAE, Parsons Form JV to Bid on Army LOGCAP V Contract; Carey Smith Comments

Parsons and PAE have established a new joint venture to compete for a potential 10-year, $82 billion contract vehicle that seeks to help the U.S. Army meet global facility and logistical requirements…
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Todd Ernst to Succeed Michael Cody as Raytheon Corporate Devt VP

Todd Ernst, vice president of investor relations at Raytheon (NYSE: RTN), has been promoted to VP of corporate development in a move that takes effect Nov. 6. He will oversee Raytheon’s mergers-and-acquisitions program in addition to his current responsibilities and succeed Michael Cody, who will retire as corporate development lead after an eight-year tenure, the company said Thursday…
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Northrop Gets Potential $130M Contract for Japan Global Hawk UAS Production Materials

Northrop Grumman (NYSE: NOC) has received a potential $130.5 million contract from the U.S. Air Force to obtain long lead materials for Japan’s future Global Hawk unmanned aerial systems. The Defense Department said Thursday the materials are needed to commence the production of three Block 30 Global Hawk vehicles, two ground control elements, an integrated sensor suite, spares and a site survey…
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Heather Wilson: Air Force to Decide on JSTARS Replacement Program by End of October

Air Force Secretary Heather Wilson has said the service branch would decide by the end of this month whether to pursue or cancel the Joint Surveillance Target Attack Radar System recapitalization program, Defense News reported Thursday…
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MDA Selects Lockheed for Phase 1 Low Power Laser Demonstrator Project

Lockheed Martin has secured a nine-month, $9.4 million contract to support a Missile Defense Agency project to integrate and test a low-power laser technology onboard an unmanned aerial vehicle. The company will aim to help MDA address the agency’s laser power and aperture size requirements under the first phase of the Low Power Laser Demonstrator project, the Defense Department said Thursday…
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The Bridge – How Proper Planning Can Lessen the Impact of a Crisis

The aftermath of Hurricanes Harvey, Irma and Maria have left many displaced and without food, water, shelter, and electricity. With the CMS Ruling, that impacts Medicaid/Medicare funding taking effect November 15 of this year, there hasn’t been a more important time to discuss the potential gaps and pitfalls without crisis management…
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Greg Hyslop: Boeing Makes Autonomous Tech Push Through Aurora Flight Sciences Buy

Boeing (NYSE: BA) has agreed to buy Aurora Flight Sciences for an undisclosed sum as part of efforts to accelerate the development of autonomous technology for aerospace vehicles. Chicago-based Boeing said Thursday it would integrate Aurora into the aerospace and defense contractor’s engineering, test and technology segment upon closing of the acquisition…
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State Dept OKs $113M Raytheon Air-to-Air Missile Sale to Japan

The State Department has cleared Japan’s request to procure 56 AIM-120C-7 advanced medium-range air-to-air missiles as well as associated equipment and support services under a potential $113 million foreign military sales agreement…
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VIDEO – Presenting the Financial Integrity Network

Presenting the Financial Integrity Network​: FIN delivers an array of strategic, advisory, and technical services to a diverse and select group of governments, financial institutions, and sectoral clients…
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October 5th Market Close: GovConIndex and Major Indices Continue to Push to New Highs

The Executive Mosaic GovCon Index (GCI) continued its fifth consecutive day of record highs, up 0.32 percent to 109.157 with advancing shares outpacing declining 3 to 1. The markets furthered their positive trend with the S&P500 closing up 0…
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