Posts from ExecutiveBiz for 03/02/2015

SAIC to Buy Intell Contractor Scitor for $790M Cash; Tony Moraco Comments

Science Applications International Corp. (NYSE: SAIC) has agreed to acquire intelligence community contractor Scitor Corp. for $790 million cash from private equity firm Leonard Green & Partners in a push to expand in the IC and Air Force markets…
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GSA Seeks Proposals on NS2020 Telecom Acquisition Strategy

The General Services Administration has released a draft request for proposals on the Network Services 2020 strategy that covers voice, data, cloud, wireless, contact center, colocated data center, commercial satellite communications and managed services, FCW reportedSunday
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Keith Hall to Serve as Next CBO Director

Dr. Keith Hall, a two-decade federal government veteran and former senior research fellow at George Mason University’s Mercatus Center, has been appointed to succeed Doug Elmendorf as the Congressional Budget Office director beginning on April 1
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Ray Mabus: Navy to Preserve Shipbuilding Funds If Another Sequester Falls

U.S. Navy Secretary Ray Mabus has indicated to the House Appropriations Committee that the service will prioritize funding ship construction programs in the event of new budget cuts, the Washington Business Journal reported Friday
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Navy Awards Lockheed-Sikorsky JV Potential $2B for H-60 Upgrades

A Lockheed Martin (NYSE: LMT)-Sikorsky joint venture has been awarded a potential $2 billion contract from the U.S. Navy to modify and repair hardware on H-60 naval helicopters. The Defense Department said Friday that Marine Helicopter Support Co…
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Rep. Mac Thornberry Wants Restoration of Pre-Sequestration Budget Caps

Mac Thornberry (R-Texas) has proposed to revive pre-sequestration budget caps of $566 billion for national defense and $50.9 billion for overseas operations in a move to address global threats, Defense News reported Friday
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