Category: News

March 1 Market Close: GovCon Index, US Stocks Climb to New Records on Trump Speech & Rate Hike ChatterFinancial Report

March 1 Market Close: GovCon Index, US Stocks Climb to New Records on Trump Speech & Rate Hike Chatter

Executive Mosaic’s GovCon Index closed at an all-time high Wednesday for the second time in three sessions as U.S. stocks also
KKR Completes $1.2B Buy of Airbus Defense Electronics BusinessM&A Activity

KKR Completes $1.2B Buy of Airbus Defense Electronics Business

Global investment firm Kohlberg Kravis Roberts & Co. (NYSE: KKR) has concluded its approximately $1.2 billion purchase of the defense
ACT I Hires William Stranges to Head F-35 Business Financial Mgmt Contract; Michael Niggel CommentsExecutive Moves

ACT I Hires William Stranges to Head F-35 Business Financial Mgmt Contract; Michael Niggel Comments

William Stranges, former head of the F-35 Joint Program Office concurrency cost team, has joined Advanced Concepts and Technologies International as
Veritas Capital to Buy CB&I’s Capital Services Business for $755M; Ramzi Musallam CommentsM&A Activity

Veritas Capital to Buy CB&I’s Capital Services Business for $755M; Ramzi Musallam Comments

New York City-based investment firm Veritas Capital has agreed to purchase the capital services business of energy technology and infrastructure provider CB&I (NYSE: CBI) for
Lockheed Gets $1.1B Contract for F-35 Logistics, Sustainment Services to US, Foreign Military ClientsContract Awards

Lockheed Gets $1.1B Contract for F-35 Logistics, Sustainment Services to US, Foreign Military Clients

Lockheed Martin (NYSE: LMT) has received a $1.06 billion contract to sustain and provide recurring logistics support for F-35 aircraft of the U.S.
Former DISA CTO David Mihelcic Joins Juniper’s Federal Division; Tim Solms CommentsExecutive Moves

Former DISA CTO David Mihelcic Joins Juniper’s Federal Division; Tim Solms Comments

David Mihelcic, former chief technology officer of the Defense Information Systems Agency, has joined Juniper Networks (NYSE: JNPR) to support future technology roadmap and
11 Firms Win Spots on $950M Air Force Facility Design, Construction & Engineering IDIQContract Awards

11 Firms Win Spots on $950M Air Force Facility Design, Construction & Engineering IDIQ

The U.S. Air Force has selected 11 companies to compete for delivery orders to design, build or engineer facilities and infrastructure for the military
Technica Appoints Lisa Trombley as COO, Brian Fogg as Chief Innovation OfficerExecutive Moves

Technica Appoints Lisa Trombley as COO, Brian Fogg as Chief Innovation Officer

Technica has appointed Lisa Trombley, former director of U.S. Air Force information technology programs at Lockheed Martin (NYSE: LMT), as chief
Navistar Secures $440M Army FMS Contract to Update Excess MRAP Vehicles for UAEContract Awards

Navistar Secures $440M Army FMS Contract to Update Excess MRAP Vehicles for UAE

A Navistar subsidiary has received a $440 million contract from the U.S. Army to reset and modernize MaxxPro mine-resistant ambush-protected vehicles
VIDEO: Electronically Steerable AntennasNews

VIDEO: Electronically Steerable Antennas

Harris designs and produces high-performance, high-density phased array antennas for the harsh environments of space, airborne, ground, mobile and shipboard