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Tag Archives: BAE Systems

Sky News: BAE Chair Asks Recruiter to Start Search for Future CEO Candidates

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BAE Systems PLC Chairman Sir Roger Carr has asked a recruiter to start a search for potential candidates to succeed Ian King as CEO of the British defense contractor, Sky News reported Saturday. Mark Kleinman writes executive search and consulting firm Spencer Stuart has started to look for possible successors to King through what Sky called ...

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DIA Picks 50 for Potential $6B Enterprise IT Services IDIQ

NavyC5ISR

The U.S. Defense Intelligence Agency has selected 50 companies to compete for task orders to provide information technology support services to defense and intelligence agencies under a potential five-year, $6 billion contract vehicle. DIA said Friday it received 77 proposals for the Enhanced Solutions for the Information Technology Enterprise program ...

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MBDA to Produce Air Defense System for Georgia

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TYSONS CORNER, VA July 15, 2015 — Airbus, BAE Systems and Finmeccanica consortium MBDA has landed a contract to produce an air defense system for Georgia’s defense ministry, ExecutiveBiz reported Tuesday. The Civil Georgia online news service quoted local officials as saying Friday the defense system will be entirely compatible with ...

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BAE Captures Repair, Maintenance Work on USS Iwo Jima

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TYSONS CORNER, VA July 15, 2015 — BAE Systems has landed a $27 million contract to refurbish the Wasp-class USS Iwo Jima amphibious vessel’s tank, ventilation and auxiliary systems and other structural repairs, alterations and upgrades, ExecutiveBiz reported Tuesday. BAE said it expects work on the phased maintenance at Naval ...

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BAE, Nexter Enter Full-Rate Production for British Cannon System

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TYSONS CORNER, VA July 13, 2015 — BAE Systems is developing a cannon system for use in British ground combat vehicles through its CTA International joint venture company with French government-owned weapons maker Nexter, ExecutiveBiz reported Monday. BAE said the 40mm cased telescoped technology under the $234 million contract is ...

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Larry Prior to Lead CSC’s Future US Public Sector Business Spinoff

Larry Prior

Larry Prior, executive vice president and general manager of Computer Sciences Corp.‘s (NYSE: CSC) North American public sector business, has been selected to hold president and CEO titles for the company’s planned U.S. public sector spinoff. Prior’s appointment will require approval by the future Computer Sciences Government Services board of directors, CSC said ...

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July 13 Morning Report: GovCon Index Up on Friday’s Close

GovConIndexUP

The GovCon Index continued its rally for the second straight day with a gain of 1.246 percent in Friday’s trading session to close at 75.617. The Dow Jones Industrial Average rose 1.21 percent to 17,760.41, the Standard & Poor’s 500 composite index gained 1.23 percent to 2,076.62 and the NASDAQ composite index increased 1.53 percent to 4,997.70. ...

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July 10 Market Close: GovCon Index, US Stocks Surge on Investor Hope for Greece Deal

GovConIndexUP

The GovCon Index continued to rally from its Wednesday losses in Friday’s trading session to gain 1.246 percent and close at 75.617. U.S. stocks also extended their surge to a second consecutive day as investors showed optimism that a new economic proposal from Greece could show progress toward a deal ...

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July 9 Market Close: GovCon Index, US Stocks Rebound Ahead of Greek Proposal Deadline

GovConIndexUP

The GovCon Index bounced back from the prior day’s losses on Thursday to close at a gain of 0.572 points and end at 74.650. Financial shares recovered ground from Wednesday’s declines as investors waited to see if Greece would meet its Thursday midnight deadline to give European leaders a plan for spending ...

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July 8 Market Close: GovCon Index, US Stocks Plummet as NYSE Floor Trading Paused in Midday

GovConIndexDOWN

The GovCon Index lost ground from gains in the previous day’s trading session on Wednesday to record a loss of 1.19 percent and close at 74.122. Floor trading on the New York Stock Exchange halted at around 11:30 a.m. Eastern time due to a technical malfunction and resumed at close to 3:10 p.m., CNBC ...

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