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Search Results for: General Dynamics

Lou Von Thaer Joins DynCorp as CEO

Lou Von Thaer, formerly president of the national security sector at Leidos (NYSE: LDOS), has been appointed chief executive of DynCorp International. The more than 30-year government market veteran succeeds interim CEO Jim Geisler, who will move into a new role as non-executive chairman of DynCorp’s board of directors, the …

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June 17 Market Close: GovCon Index, US Stocks Climb After Fed Rate Hike Comments

The GovCon Index continued its climb from Monday’s large decline in Wednesday’s trading session to close up 0.190 points and end at 76.438. Investors reacted positively to comments from Federal Reserve officials that they are holding to their forecast of an interest rate hike by the end of the year as Fed Chairwoman Janet Yellen …

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Fidelis Names David Macey Sales SVP, Lindsay Weissbratten HR VP in Set of Appointments

Fidelis Cybersecurity has appointed David Macey as senior vice president of worldwide sales and Lindsay Weissbratten as VP of human resources. The company said Wednesday Macey will be in charge of customer acquisition, channel management and revenue growth initiatives for the company. Macey previously served in general manager positions at McAfee (NYSE: …

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State Dept Clears $2B in Foreign Arms Sales With South Korea, Lebanon

The State Department has approved two separate foreign military sale agreements worth approximately $2.37 billion combined for South Korea to purchase the Aegis Combat System and Lebanon to buy A-29 Super Tucano aircraft. The Defense Security Cooperation Agency said Tuesday the principal contractors on the $1.91 billion Aegis sale to South Korea are Lockheed Martin (NYSE: LMT), …

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Cynthia Shelton Joins CenturyLink Gov’t Segment as Special Program Sales VP

Cynthia Shelton, formerly a business line vice president at General Dynamics (NYSE: GD), has joined CenturyLink (NYSE: CTL) as VP of special program sales at the telecommunications contractor’s government services business area. The two-decade industry veteran will oversee the firm’s sales in intelligence and cybersecurity services to the federal government and report directly …

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State Dept OKs $2B Bomb Guidance Kit Sale to Israel

The State Department has cleared a potential $1.879 billion foreign military sale of Boeing-built (NYSE: BA) Joint Direct Attack Munition tail kits and related equipment, parts and logistics services to Israel. Israel ordered 14, 500 KMU-556C/B JDAM kits with GBU-39, BLU-113 and Mk-80 series bombs, Hellfire and Advanced Medium Range …

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20 Companies Win Spots on $8B NETCENTS-2 Infrastructure Services IDIQ

Twenty companies have landed spots on a potential $7.9 billion contract to provide network operations and infrastructure support services across the U.S. Air Force enterprise. Contractors will compete to perform work during the three-year ordering period for this portion of the Network-Centric Solutions-2 program, the Defense Department said Friday. The …

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Andrew Strampach Joins Leidos as Global Services BD VP

Andrew Strampach, a former division vice president at Parsons‘ government services business, has joined Leidos (NYSE: LDOS) as VP of business development for the global services group. Leidos said Thursday Strampach will help oversee the company’s business pursuits in the U.S. defense and intelligence markets and oversee an organization comprising more …

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Marlin Closes Fidelis Cyber Business Buy; Peter George Comments

Marlin Equity Partners has wrapped up the acquisition of the Fidelis Cybersecurity Solutions business from General Dynamics‘ (NYSE: GD) for an undisclosed amount. The Los-Angeles based investment firm bought Fidelis with the intent to help that business grow its footprint in the cyber threat defense technology market, Fidelis CEO Peter George said …

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May 4 Morning Report: GovCon Index Posts Gain at Friday’s Close

The GovCon Index rebounded from two straight days of losses to close at 74.060 on Friday,  up 0.680 points (0.910%).   The Dow Jones Industrial Average gained 1.03 percent to 18, 024.06, the Standard & Poor’s 500 composite index increased 1.09 percent to 22.78 and the NASDAQ composite index rose 1.29 percent to 5, 005.39. …

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