Category: News

GE Awarded $158M Navy Aircraft Engine Support ContractContract Awards

GE Awarded $158M Navy Aircraft Engine Support Contract

General Electric™s (NYSE: GE) aviation business has received a potential $157.7M contract to provide holistic engine support for T64 engines used to
KBR’s Government Unit Gets $114M in Army Logistics Support Order ModificationsContract Awards

KBR’s Government Unit Gets $114M in Army Logistics Support Order Modifications

KBR‘s (NYSE: KBR) government services business will continue to provide logistics support services to the U.S. Army in Europe and
Tim Hascall to Retire as Maxar COO; Jeff Guy, Jeff Robertson to Assume Expanded RolesExecutive Moves

Tim Hascall to Retire as Maxar COO; Jeff Guy, Jeff Robertson to Assume Expanded Roles

Tim Hascall, an executive vice president and chief operations officer at Maxar Technologies (NYSE: MAXR), will retire from his roles on
Gigamon’s Dennis Reilly: Tech, Processes, Workforce Key to Gov’t Cyber Defense EffortsCybersecurity

Gigamon’s Dennis Reilly: Tech, Processes, Workforce Key to Gov’t Cyber Defense Efforts

Dennis Reilly, vice president of federal sales at Gigamon, has said government agencies should have the right balance of technology, people
Red Hat to Hold Special Stockholders’ Meeting on IBM MergerM&A Activity

Red Hat to Hold Special Stockholders’ Meeting on IBM Merger

Shareholders in Red Hat (NYSE: RHT) will vote Jan. 16 on whether to approve IBM‘s (NYSE: IBM) proposed $34B acquisition of the Raleigh, N.C.-based
Speedcast Receives CFIUS Clearance for Globecomm DealM&A Activity

Speedcast Receives CFIUS Clearance for Globecomm Deal

Speedcast International announced Thursday that the Committee on Foreign Investment in the United States (CFIUS) has approved the company™s $135M acquisition of Globecomm
McAleese & Associates: Trump Backs $733B to $750B Defense Budget for FY 2020News

McAleese & Associates: Trump Backs $733B to $750B Defense Budget for FY 2020

A new McAleese & Associates report says President Donald Trump appears to have expressed support to a defense budget request of $733B
Kenneth Possenriede to Succeed Bruce Tanner as Lockheed EVP, CFO; Marillyn Hewson QuotedExecutive Moves

Kenneth Possenriede to Succeed Bruce Tanner as Lockheed EVP, CFO; Marillyn Hewson Quoted

Kenneth Possenriede, a more than 30-year Lockheed Martin (NYSE: LMT) veteran, has been named executive vice president and chief financial
Jose Ignacio Garcia to Join Spirit AeroSystems as SVP, CFOExecutive Moves

Jose Ignacio Garcia to Join Spirit AeroSystems as SVP, CFO

Jose Ignacio Garcia, a two-decade veteran of General Electric (NYSE: GE), has been appointed senior vice president and chief financial
Four Contractors Awarded $86M Navy Construction IDIQ ModificationContract Awards

Four Contractors Awarded $86M Navy Construction IDIQ Modification

Four companies will continue to support the U.S. Navy‘s contingency construction projects worldwide under an $86M shared contract modification. The