Franchetti Assigned Commander of 6th Fleet

February 12, 2018

Rear Adm. Lisa M. Franchetti, USN, has been nominated for appointment to the rank of vice admiral and for assignment as commander, 6th Fleet; commander, Task Force 6; commander, Striking and Support Forces NATO; deputy commander, U.S. Naval Forces Europe; deputy commander, U.S. Naval Forces Africa; and Joint Force Maritime Component commander Europe, Naples, Italy.

General Dynamics to Purchase CSRA in $9.6 Billion Deal

February 12, 2018

With an view of becoming a premier provider of high-tech information technology solutions to government technology services market, Geneal Dynamics announced on Feb. 12 that it is purchasing CSRA. "With approximately $9.9 billion in revenue and strong double-digit EBITDA [earnings before interest, taxes, depreciation, and amoritization] margins, the combined General Dynamics Information Technology (GDIT) and CSRA is well-positioned to serve its customers’ current and evolving mission requirements," General Dynamics stated. Under an agreement reached by the two companies, General Dynamics will acquire all outstanding shares of CSRA for $40.75 in cash, in a transaction valued at $9.6 billion, including the assumption of $2.8 billion in CSRA debt. “The acquisition of CSRA represents a significant strategic step in expanding the capabilities and customer base of GDIT,” said Phebe Novakovic, chairman and chief executive officer of General Dynamics. “CSRA’s management team has created an outstanding provider of innovative, next-generation IT solutions with industry-leading margins. We see substantial opportunities to provide cost-effective IT solutions and services to the Department of Defense, the intelligence community and federal civilian agencies. The combination enables GDIT to grow revenue and profits at an accelerated rate. It will allow us to deliver even more innovative, leading-edge solutions to our customers.” 

Lockheed Martin Rotary and Mission Systems Looking into Electronic Warfare

February 8, 2018

Lockheed Martin Rotary and Mission Systems, Liverpool, New York, is being awarded an $11,525,263 cost-plus-incentive-fee modification to a previously awarded contract (N00024-17-C-5353) to exercise options for engineering, manufacturing and development for advanced off-board electronic warfare (AOEW). The AOEW program will provide an electronic warfare mission package to integrate with a flight vehicle. The AOEW program will provide MH-60 helicopters with enhanced electronic warfare surveillance and countermeasure capabilities against anti-ship missile threats. Work will be performed in Syracuse, New York (88 percent); Lansdale, Pennsylvania (10 percent); Stratford, Connecticut (1 percent); and Orlando, Florida (1 percent), and is expected to be completed by December 2020. Fiscal Year 2018 research, development, test and evaluation (Navy) funding in the amount of $3,602,691 will be obligated at time of award and will not expire at the end of the current fiscal year. The Naval Sea Systems Command, Washington, District of Columbia is the contracting activity.

Scientific Research Center Will Supply Radar Receiver Systems to Air Force

February 8, 2018

Scientific Research Center, Atlanta, Georgia, has been awarded a $10,989,711 firm-fixed-price contract for the installation and integration of the AN/ALR-69A(V) radar warning receiver system on C-130H aircraft. Work will be performed in Warner Robins, Georgia, and is expected to be complete by October 19, 2022. This award is the result of a competitive acquisition and five offers were received. Fiscal year 2017 procurement funds in the amount of $10,989,711 is being obligated at the time of award. Air Force Life Cycle Management Center, Robins Air Force Base, Georgia is the contracting activity (FA8553-18-C-0003).