Capital Business Blog: government contracting


Posted at 10:21 AM ET, 10/08/2012

Lockheed splits electronic systems business in two
By Marjorie Censer
New units will be Missiles and Fire Control and Mission Systems and Training. About 200 jobs will be cut.

By Marjorie Censer  |  10:21 AM ET, 10/08/2012 |  Permalink  |  Comments ( 0)
Categories:  Movies | Tags:  Lockheed Martin, defense contractor, government contracting, SAIC, divest, split, Marillyn Hewson

Posted at 11:52 AM ET, 10/01/2012

Lockheed will not issue layoff notices to employees
By Marjorie Censer
Firm will skip a move it had said it could be required to make given the threat of sequestration.

By Marjorie Censer  |  11:52 AM ET, 10/01/2012 |  Permalink  |  Comments ( 0)
Tags:  Lockheed Martin, WARN Act, layoff notices, defense contractors, government contracting, sequestration

Posted at 04:35 PM ET, 09/12/2012

Engility eliminates divisions, plans employee cuts
By Marjorie Censer
The cuts, which should be complete by the end of the year, are expected to total less than 4 percent of its 8,000 employees.

By Marjorie Censer  |  04:35 PM ET, 09/12/2012 |  Permalink  |  Comments ( 0)
Tags:  Engility, L-3 Communications, government services, government contracting

Posted at 04:51 PM ET, 08/30/2012

SAIC to split into two public companies
By Marjorie Censer
One will focus on technical services and another on IT products, including surveillance and intelligence programs.

By Marjorie Censer  |  04:51 PM ET, 08/30/2012 |  Permalink  |  Comments ( 0)
Tags:  SAIC, services, solutions, conflict of interest, government contracting

Posted at 05:56 PM ET, 07/10/2012

Lockheed cuts employees in mission systems and sensors unit
By Marjorie Censer
One D.C.-based unit has cut its workforce by 740 employees — 432 voluntarily and 308 involuntarily.

By Marjorie Censer  |  05:56 PM ET, 07/10/2012 |  Permalink  |  Comments ( 0)
Tags:  Lockheed Martin, government contracting, layoffs

Posted at 12:14 PM ET, 03/05/2012

SAIC CEO Jumper to receive $1.2 million base salary
By Marjorie Censer
The McLean-based contracting giant said last week that John P. Jumper will earn a base salary of $1.2 million and receive a $150,000 signing bonus.

By Marjorie Censer  |  12:14 PM ET, 03/05/2012 |  Permalink  |  Comments ( 0)
Tags:  SAIC, government contracting, John Jumper, Walt Havenstein