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News Breaks
January 2, 2013
07:28 EDTICFI, CACI, MANT, BAHSequester risk just kicked down road, says Wells Fargo
Well Fargo believes that the sequester issue still poses risk to government services companies, as most of the automatic spending cuts were delayed for only about two months. The Pentagon still faces $50B in automatic cuts that would be spread out over just seven months in FY13, the firm notes. Wells maintains an Underperform rating on the government services sector sector, and it identifies the following companies as belonging to that sector: Booz Allen Hamilton (BAH), CACI International (CACI), ICF International (ICFI), ManTech International Corporation (MANT), NCI (NCIT), and sAIC (SAI). The firm also maintained Underperform ratings on all of the individual stocks listed.
News For BAH;CACI;ICFI;MANT From The Last 14 Days
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October 8, 2015
08:09 EDTMANTManTech announces $6B IDIQ multiple-award from DIA
The Defense Intelligence Agency, or DIA, awarded ManTech an Enhanced Solutions for Information Technology Enterprise, or E-SITE, contract to provide worldwide coverage for IT requirements and technical support services for DIA and other members of the Intelligence Community, or IC. This multiple-award, indefinite delivery, indefinite quantity, or IDIQ, vehicle has a 5-year period of performance, with a potential value of $6B. E-SITE is replacing the former Solutions for Information Technology Enterprise IDIQ vehicle where ManTech was previously a prime. ManTech will have the opportunity to win task orders that require services including systems design, development, fielding, sustainment of global intelligence, and command and control. Ultimately, this contract will design and maintain a worldwide enterprise IT infrastructure to support the DIA's critical mission.
October 7, 2015
15:13 EDTBAHBooz Allen awarded $82.9M, three-year DHS contract task order
The Department of Homeland Security, or DHS, and the General Services Administration's Federal Systems Integration and Management Center, or GSA FEDSIM, have selected Booz Allen Hamilton to fulfill Task Order 2D of the Continuous Diagnostics and Mitigation program. The contract -- valued at $82.9M over three years -- is the second CDM Task Order award for Booz Allen under the DHS CDM Program. When combined, Booz Allen's two CDM contracts cover almost 70% of the Federal IT enterprise, and exemplify Booz Allen's strategic focus to help organizations identify and reduce cyber vulnerability risks. With the award of Task Order 2D from the DHS, Booz Allen is now engaged to assist 13 separate Federal agencies to implement CDM systems and capabilities for a total contract value of up to $119.9M over the next three years.
09:17 EDTBAHBooz Allen wins $937M DOD global threat mitigation program
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08:05 EDTMANTManTech awarded $250M contract from GSA, FEDSIM
The General Services Administration, or GSA, Federal Systems Integration and Management Center, or FEDSIM, has awarded ManTech a contract to provide cyber range services to the Defense Information Systems Agency, or DISA, and United States Marine Corps, or USMC. The contract has a 1-year base period and 3 option years, with a value of $250M. ManTech has supported DISA and USMC cyber range exercises since 2009, and this award expands services and capabilities to enhance cyber workforce operational tactics, techniques, and procedures across agencies.
October 5, 2015
07:05 EDTICFIICF International awarded $250M flexible ordering agreement by CDC
ICF International was recently awarded a new multiple-award flexible ordering agreement by the Centers for Disease Control and Prevention to provide digital media solutions and support services to the agency and its partners. The contract has a value of up to $250 million and a term of five years. The FOA was awarded under the U.S. Department of Health and Human Services, National Institutes of Health, Chief Information Officer-Solutions and Partners 3 contract, a broad-based government-wide contract that can be used by any federal civilian or defense agency to fulfill a wide range of mission-critical information technology requirements.
October 2, 2015
18:41 EDTBAH, CACILockheed Martin weighs merger of services units with competitor, Reuters says
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October 1, 2015
16:10 EDTICFIICF International reports on future leadership change of its DSG
ICF International reported on John Partilla's intention to take a CEO position at a New York-based private equity backed media company at the end of this year. Serving as the head of ICF's Digital Services Group, DSG, since its formation at the beginning of this year, John Partilla was the former CEO of Olson, the digital marketing company that ICF acquired from its private equity owner in 2014. The DSG business is a combination of ICF's legacy commercial and state and local digital services business and the Olson acquisition. Commenting on the future leadership change, ICF Chairman and CEO Sudhakar Kesavan said, "DSG has been an important contributor to ICF's total revenue growth in the first half of 2015, and it continued to perform as expected in the third quarter of this year. Much of the groundwork has been laid for DSG to become a substantial organic revenue growth driver for ICF in 2016 and beyond. We are disappointed that J.P. will be leaving the company later this year, but at the same time, we thank him for his contributions and wish him continued success in his new endeavor. ICF has engaged an executive search firm to assist in the identification and assessment of internal and external candidates for the DSG leadership role.
September 30, 2015
07:05 EDTICFIICF International awarded $7M task order by CDC
ICF International was recently awarded a new task order by the Centers for Disease Control and Prevention, Center for Surveillance, Epidemiology, and Laboratory Services, Division of Scientific Education and Professional Development. The task order, which was issued under the CDC Information Management Services contract, has a value of $7.1M and a term of four years, including one base and three option years. ICF will facilitate the development, delivery and maintenance of the systems that support DSEPD's fellowship activities and ensure these systems are readily accessible to the global public health community. This includes managing two of its most critical systems: the Fellowship Management System and the Training and Continuing Education Online System.
September 29, 2015
16:08 EDTICFIICF International awarded $5M contract by U.S. Department of Health
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07:01 EDTICFIICF International awarded $31.2M contract by HUD
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September 28, 2015
07:00 EDTICFIICF International awarded $13.5M contract by California Lottery
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