Former Lockheed exec named Raytheon VP

Ron Stefano has been named vice president of Mission Operations Solutions for Raytheon Co.'s Intelligence and Information Systems business.

Lockheed provides Coast Guard with training, tech support

Lockheed Martin Corp. will provide training and technical support to the Coast Guard under a five-year indefinite-delivery, indefinite-quantity contract that has a $57 million ceiling value.

Lucrative opportunities survive SBInet's demise

The SBInet system might be gone, but the need for border security continues. What lessons did DHS and industry learn from the attempt to build a virtual fence along the border of the United States and Mexico?

Lockheed finds buyer for PAE business

Lockheed Martin finds private equity buyer for PAE unit as part of its divestiture plan.

Who made the biggest deal of 2010?

We rank the biggest and most important mergers and acquisitions of the past year. Who came out on top?

Lockheed Martin saved by civilian agencies in 2010

The large government contractor Lockheed Martin saw profits in its Information Systems and Global Solutions fall due to weakened defense and intelligence sales.

Top 100 firms rely on M&A to fuel growth

Of the 99 deals that closed during 2010, 37 involved companies on the Top 100 list. Who were the big dealmakers?

Lockheed settles fraud claim for $2M

Fraud claim stems from allegation Lockheed and its teammates were given the inside track on a GSA contract.

Lockheed to lead $200M SSA claims processing upgrade

Lockheed Martin Corp. has been named prime contractor on the Social Security Administration’s six-year, $200 million Disability Case Processing System contract, an IT modernization program to improve the quality and speed of processing disability claims.

9 companies to watch in 2011

The New Year brings challenges and opportunities for many companies. Editor Nick Wakeman picks nine companies worth following in 2011.

HP comes up ACES with $2.5B NASA win

HP Enterprise Services won a $2.5 billion contract to manage NASA's IT services across all the agency's centers. Who did they beat to win the contract?

Lockheed Martin wins NASA SEISS contract

Lockheed Martin's Space Systems Company will provide systems engineering for the Dextre robotic system.

Former Lockheed VP joins SRA to boost business development

SRA International Inc. has named Robert Davis vice president of business development for its National Security Sector. He will report to sector Senior Vice President Jeffrey Rydant.

Lockheed’s EIG renamed The SI Organization

The Enterprise Integration Group, which became an independent company after its formal divestiture from Lockheed Martin Corp. last week, has been renamed The SI Organization Inc., following its purchase by the private equity investment firm Veritas Capital for $815 million in cash.

Lockheed finalizes $815M sale of EIG division

Lockheed Martin Corp. completed the sale of its Enterprise Integration Group business to Veritas Capital for $815 million in cash. What drove the company to divest such a large business unit?

Lockheed finishes census contract on time and under budget

Lockheed Martin Corp. announced that it had completed the 2010 census technology contract on schedule and under budget.

Industry increases cloud initiatives

IBM is ready to offer the Federal Community Cloud, a secure cloud environment designed for federal agencies. Meanwhile, Lockheed Martin unveiled the Starfire Mission Ready Cloud based on pre-integrated, pretested technology.

Record $30B FBI IT services contract awarded

46 contractors will compete for task orders under the FBI’s eight-year, $30 billion Information Technology Supplies and Support Services contract, known as IT Triple S.

Lockheed's Air Force win marks 2 decades of IT support

Lockheed Martin Corp. has won a $65 million information technology task order from the Air Force that marks 20 years of the defense company’s IT support to the military branch.

Lockheed, General Dynamics protest $2.6B DHS award

Rivals want the General Services Administration and Homeland Security Department to rethink their decision to award Northrop Grumman the contract to build the infrastructure for the new DHS headquarters campus.