Larry Prior, the former chief executive of CSRA, which was sold to General Dynamics earlier this year, said today he expects additional consolidation among government contractors.
Tuesday, August 21, 2018
Tuesday, August 21, 2018
Marjorie Censer is Inside Defense's editor. She previously worked at the Washington Post and its local business publication Capital Business, covering defense industry reshaping, the increased scrutiny of contractors following the Edward Snowden case and the challenges of canceling military programs. From 2007 to 2010, she was managing editor of Inside the Army. She also previously worked as defense editor at POLITICO and as a staff writer at the Carroll County Times and the Princeton Packet. A Fairfax native, she graduated from Princeton University.
703-562-8735Larry Prior, the former chief executive of CSRA, which was sold to General Dynamics earlier this year, said today he expects additional consolidation among government contractors.
Boeing said this week it would acquire Millennium Space Systems, which provides small-satellite solutions, in a bid to expand Boeing's satellite and space portfolio.
General Atomics Aeronautical Systems said today it will expand its Flight Test and Training Center near Grand Forks, ND.
When Huntington Ingalls Industries bought Camber in late 2016, it paired the government services company with six other businesses -- from an oil and gas company to its unmanned systems group -- to create a new division called technical solutions.
CACI International said today it has purchased General Dynamics' Navy systems engineering business, which GD had acquired through its purchase of CSRA.
Aerojet Rocketdyne said today it will expand its Arkansas facility, where it builds solid rocket motors and warheads.
Perspecta said this week sales in its most recent quarter hit $793 million, up 17 percent from the same three-month period the prior year.
Moody's Investor Services late last month upgraded the ratings of Aerojet Rocketdyne, citing the "strong budgetary setting" as well as the company's operational efficiency efforts.
Vectrus said this week sales during its most recent quarter hit $321 million, up 24 percent from the same three-month period a year earlier.
General Dynamics' board of directors has tapped Chris Marzilli, president of General Dynamics Mission Systems, to serve as executive vice president of the contractor's Information Technology and Mission Systems segments, effective Jan. 1.
Boeing today said it has invested in Burlington, MA-based Digital Alloys, which is developing high-speed, multimetal additive manufacturing systems.
BWX Technologies, which builds the nuclear reactors used on Navy aircraft carriers and submarines, said this week sales in its most recent quarter reached $439 million, up 7 percent from the same three-month period a year earlier.
Leidos said today it has named Randy Phillips senior vice president for corporate development, tasked with leading "the strategic development and execution of Leidos' growth strategy through mergers, acquisitions, and related activities."
The Space and Missile Defense Symposium and several defense industry events are on the docket for this week.
Cubic said this week it has named Bradford Powell vice president and general manager of the command and control, intelligence, surveillance and reconnaissance -- or C2ISR -- solutions business within Cubic Mission Solutions.
Kratos Defense & Security Solutions said this week sales in its most recent quarter hit $151 million, up 2 percent from the same three-month period a year earlier.
Alion Science and Technology said today it has agreed to buy MacAulay-Brown, which specializes in engineering and cybersecurity work for national security agencies.
Huntington Ingalls said today sales in its most recent quarter hit $2 billion, up almost 9 percent from the same three-month period a year earlier.
ManTech International said this week sales in its most recent quarter reached $491 million, up 19 percent from the same three-month period a year earlier.
Leidos said today Timothy Reardon, the head of the company's defense and intelligence group, will leave the company.