NCI said today sales in 2015 hit $333 million, up from $317 million the prior year.
Saturday, April 20, 2024
Saturday, April 20, 2024
Marjorie Censer was Inside Defense's editor until July 2021. 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.
NCI said today sales in 2015 hit $333 million, up from $317 million the prior year.
The GAO has upheld a protest filed by Intelsat General against a satellite services contract awarded by the Defense Information Systems Agency.
A new report set for release this morning takes aim at Pentagon waste, calling for greater oversight and departmental auditability.
A business consulting firm is about halfway through an assessment of the Defense Department's laboratories, a DOD official told Inside Defense Tuesday.
After backing off a controversial independent research and development proposal last year, the Pentagon is again moving forward to reshape acquisition regulations to ensure companies don't use allowable research expenses to win contracts.
Stan Soloway, the former chief executive of the Professional Services Council and a former deputy under secretary of defense, has established Celero Strategies, a consulting firm meant to help companies enter the federal market and improve their positions.
Focused on expanding its product sales in the United States and abroad, Kratos Defense & Security is using its own dollars to research new technology, according to the company's chief executive.
Roger Krone, the chief executive of Leidos, said today the company is already starting to plan the integration of his company with the IT services business of Lockheed Martin.
iRobot said today it has agreed to sell its defense and security business to private-equity firm Arlington Capital Partners for as much as $45 million.
Ken Asbury, chief executive of CACI International, told Inside Defense today the contractor is comfortable with its size -- even as other contractors in the market continue to bulk up. Leidos, for instance, last month announced it would combine with Lockheed Martin's IT services unit to create a $10 billion contractor.
With the appointment of contracting veteran David Dacquino to a newly created position, Serco has adjusted its structure to ensure it remains close to its customer.
Tony Moraco, chief executive of Science Applications International Corp., said today the company is "not a high-volume acquirer" and is not making acquisitions a priority.
About five years ago, defense contractors all seemed to be working off the same playbook.
Vectrus said this week it has opened a new office in Reston, VA, that will serve as its IT and network communication operations center, helping the company win new work in that market.
Harris Corp. said today that Rahul Ghai, a former Aetna executive, has been named chief financial officer, effective Feb. 11.
Harris Corp. today reported a loss of $152 million in its most recent quarter, following a non-cash charge of $328 million to write down goodwill and other assets of its CapRock business because of the downturn in the energy market.
The Justice Department said today that Centerra Services International has agreed to pay $7.4 million to settle allegations it double-billed and inflated labor costs in connection with a firefighting and fire protection services contract in Iraq.
Defense contractor SOS International said today it has purchased New World Solutions, a defense and intelligence contracting firm specializing in imagery science, cyber analytics and research and development.
Some of the largest contractors, reporting generally flat sales in 2015, say they continue to pursue international sales and spend on research to find future growth.
As many of the largest government contractors this week report flat sales in 2015, executives are praising improved stability in the federal budget planning process.