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Press Releases

General Dynamics’ Mark Rayha: BI, Scalable Tech Key to Organic Growth

TYSONS CORNER, VA, Nov. 29, 2017 — Mark Rayha, vice president and chief financial officer of General Dynamics‘ (NYSE: GD) mission systems business, has said the company utilizes business intelligence and scalable technologies to drive organic growth and respond to challenges. “[Organic growth] keeps our technology portfolio agile and capable of applications …

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American Systems Lands Alliant Task Order for DAU Training Support; Peter Smith Comments

TYSONS CORNER, VA, Nov. 29, 2017 — American Systems will provide learning materials and tools to support the Defense Acquisition University’s training programs under a potential $27.4 million task order through the General Services Administration‘s Alliant contract, ExecutiveBiz reported Tuesday. The company said Monday it will help Fort Belvoir-based DAU in its mission …

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CAE, Rockwell Collins to Build Integrated LVC Training Systems; Gene Colabatistto Comments

TYSONS CORNER, VA, Nov. 29, 2017 — CAE has entered into a partnership with Rockwell Collins (NYSE: COL) to develop network-connected live, virtual and constructive training platforms in support of client readiness and requirements, ExecutiveBiz reported Tuesday. “Integrated live, virtual, constructive training is becoming more critical as defense forces look to …

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Iron Mountain Offers IT Asset Disposal Services Via GSA’s Schedule 36

TYSONS CORNER, VA, Nov. 29, 2017 — Iron Mountain (NYSE: IRM) has added electronic waste and information technology asset disposal services to its offerings under the General Services Administration‘s Schedule 36 contract vehicle, ExecutiveBiz reported Tuesday. The company said Tuesday its Secure eWaste and IT Asset Disposition services aim to support the destruction or …

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General Atomics to Help Integrate Small-Diameter Bomb Onto Reaper Drone

TYSONS CORNER, VA, Nov. 29, 2017 — A General Atomics business unit will collaborate with the U.S. Air Force to integrate the GBU-39B/B laser small-diameter bomb onto the MQ-9 Reaper unmanned aerial vehicle under a $17.5 million contract, ExecutiveBiz reported Tuesday. The Defense Department said Monday General Atomics Aeronautical Systems Inc. will utilize …

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Rick Ambrose: Lockheed Pursues Investments to Advance Manufacturing Process Amid ‘NewSpace’ Challenge

TYSONS CORNER, VA, Nov. 28, 2017 — Rick Ambrose, executive vice president of the space systems segment at Lockheed Martin (NYSE: LMT), has noted the company’s multi-year investments in production techniques as it works to position itself against “NewSpace” startups, ExecutiveBiz reported Wednesday. Ambrose, an inductee into Executive Mosaic’s Wash 100 for …

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IBM to Provide Watson AI, Cognitive Computing Platform for Australian Defense Apps

TYSONS CORNER, VA, Nov. 28, 2017 — IBM (NYSE: IBM) will deploy the Watson cognitive computing infrastructure for Australia’s defense department and provide InfoSec Registered Assessors Program certification services under an estimated $3.1 million contract, ExecutiveBiz reported Monday. ARN reported Monday the department aims to utilize Watson to support artificial intelligence, …

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General Dynamics Unit to Deliver Machine Gun Barrels to Army

TYSONS CORNER, VA, Nov. 28, 2017 — General Dynamics (NYSE: GD) will supply machine gun barrels to the U.S. Army under a potential $14.7 million contract from the Defense Logistics Agency, ExecutiveBiz reported Monday. The Defense Department said Wednesday General Dynamics Ordnance and Tactical Systems will perform work to fulfill the …

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BAE, UK Gov’t Propose Ship Design Data Transfer for Australia’s Future Frigates

TYSONS CORNER, VA, Nov. 28, 2017 — BAE Systems and the U.K. government are planning to transfer $1.1 billion in intellectual property from the Type 26 Global Combat Ship program to support Australia’s SEA 5000 effort if the company secures the tender for the future frigates, ExecutiveBiz reported Monday. The company said Thursday the proposed …

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L3 Unidyne Lands Navy Contract Modification for Towed Array Inventory Support

TYSONS CORNER, VA, Nov. 28, 2017 — A subsidiary of L3 Technologies (NYSE: LLL) will continue its support for the U.S. Navy‘s Naval Array Technical Support Center under a $19.8 million modification that raises the basic contract value to $26.2 million, ExecutiveBiz reported Monday. The Defense Department said Wednesday L3 Unidyne will …

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