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Search Results for: Raytheon

Air Force Awards Three JSTARS Prototyping Contracts

Three industry teams have received $31.4 million in contracts to help the U.S. Air Force develop prototypes and risk reduction strategies for its future Joint Surveillance Target Attack Radar System aircraft, Defense News reported Friday. Aaron Mehta writes the military service awarded $9.9 million to Boeing (NYSE: BA), $10 million …

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Aegis System, SM-3 Missiles Undergo MDA Intercept Tests

TYSONS CORNER, VA August 5, 2015 — Defense and military officials concluded a round of intercept flight test events for the Aegis Ballistic Missile Defense System at the Pacific Missile Range Facility in Hawaii last week, ExecutiveBiz reported Tuesday. During the exercise, the USS John Paul Jones detected, tracked and engaged …

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Deborah Dunie, Thomas O’Toole Elected to Alliant Energy Board

TYSONS CORNER, VA August 5, 2015 — Alliant Energy has named Deborah Dunie, former chief technology officer at CACI International (NYSE: CACI), and Thomas O’Toole, senior vice president at United Continental (NYSE: UAL), as the newest members of its board of directors, GovCon Executive reported Tuesday. Dunie brings proficiencies in …

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State Dept. Approves $5.4B Saudi PAC-3 Missiles Sale

Saudi Arabia has placed an order for Patriot Advanced Capability-3 missiles, equipment and associated services by Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) through a $5.4 billion foreign military sales deal with the U.S. government. The State Department cleared the possible sale of 600 PAC-3s plus test missiles, telemetry …

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July 29 Market Close: GovCon Index Extends Climb, US Stocks Move Up After Fed Reports Economic Improvement

The GovCon Index gained at least a full point for the second consecutive trading session Wednesday with a gain of 1.949 percent — or 1.464 points — to close at 76.592. General Dynamics (NYSE: GD) and Northrop Grumman (NYSE: NOC) both posted second quarter results that beat Wall Street expectations, Bloomberg reported. …

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Four Firms Land $900M Special Operations Command Mission Support IDIQ

The U.S. Special Operations Command has awarded four companies a five-year, $900 million contract to perform mission support services. Booz Allen Hamilton (NYSE: BAH), CACI-WGI, Raytheon (NYSE: RTN) and MacAulay-Brown will perform work in various locations in the U.S. and abroad under the indefinite-delivery/indefinite-quantity contract, the Defense Department said Tuesday. …

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July 27 Market Close: GovCon Index, US Stocks Dip After China Market Losses

The GovCon Index fell into negative territory for the fifth consecutive trading session Monday with a loss of 0.681 points to close at 74.202. Data that showed industrial profits declined in China during June sent that country’s stock markets to losses for that country’s Monday session and U.S. stocks responded in turn …

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Northrop Appoints Bruce Walker VP for Homeland Security, Civil, Regulatory & Intl Affairs

Bruce Walker, an information technology executive who has worked on Northrop Grumman‘s (NYSE: NOC) homeland security programs, will assume the role of vice president for homeland security, civil, regulatory and international affairs. The company said Friday Walker will report to Sid Ashworth, corporate vice president for government relations. “Bruce will be responsible …

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Former Engility Exec Joseph Leonelli Joins Nonprofit ATCC as Federal Solutions VP

Joseph Leonelli, formerly vice president for national security systems and solutions at Engility (NYSE: EGL), has joined the nonprofit bioresource center ATCC as vice president for federal solutions. Leonelli will be in charge of the growth and management of ATCC’s federal solutions organization as it works to address global health security, …

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July 23 Market Close: GovCon Index Follows Blue Chips to Close Down

The GovCon Index closed down for the third consecutive day losing 0.146 points to 75.915. Caterpillar (NYSE:CAT), 3M (NYSE :MMM), and American Express (NYSE:AXP) all turned in disappointing results dropping more than 2.5% on the day. A sluggish international market and strong U.S. dollar have impacted global operations for multinational companies. The Dow Jones …

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