Search Results for: Huntington Ingalls

Weekly Roundup: Mark Esper Confirmed as Secretary of Defense, Altamira Acquired By ClearSky-Led Investor Consortium, Major Contract Awards, POC Hosting 6th Annual Intel Summit on July 31st & Weekly Top 10 Stories

The Senate confirmed Mark Esper on Thursday to be the next U.S. Defense Secretary to end the Pentagon’s longest period without a Senate approved leader in office. The 2019 Wash100 Award winner was confirmed by a 90 to 8 vote in the Senate to officially succeed Jim Mattis in the …

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Lockheed Wins Potential $125M Contract to Engineer Navy Guided Missile Frigate Combat System

Lockheed Martin (NYSE: LMT) has won a potential $124.9M contract to integrate and test a combat system on guided missile frigate vessels for the U.S. Navy. The service branch received three offers for the cost-plus-incentive-fee, cost-plus-fixed-fee, firm-fixed-price contract via FedBizOpps, the Department of Defense said Monday.

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United Technologies Replaces KeyW on GovConIndex, Dana Deasy Receives New Role, Massive Contract Awards & Weekly Top 10 Stories

Following Jacobs Engineering Group’s (JEC) official acquisition of KeyW on June 12th, United Technologies Corp. (UTX) has replaced KeyW as a member of the GovConIndex. You can find the daily performance of the GovCon industry, the latest financial news and expert analysis on the GovConIndex right here. UTX joins the …

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Executive Mosaic Updates GovConIndex; UTC Replaces KeyW

Executive Mosaic management has updated the GovConIndex to replace KeyW as a member of the “GovCon30” with United Technologies Corp. (UTX) following the completion of Jacobs Engineering Group’s (JEC) acquisition of KeyW on June 12th. UTC joins the GovConIndex as one of 30 publicly traded GovCon firms to represent a cross-industry analysis of the overall performance of the GovCon sector.

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Robert Lightfoot to Join Lockheed’s Space Business as Strategy, BD VP; Rick Ambrose Quoted

Robert Lightfoot, former acting administrator of NASA, has been appointed vice president of strategy and business development at Lockheed Martin’s (NYSE: LMT) space segment in a move that will take effect May 6. He will oversee new business strategy, technology concepts and strategic planning activities for the space business area, …

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Executive Mosaic Launching 2019 GovConIndex, Names 30 Basket Stocks to Track Industry

Executive Mosaic has named a basket of 30 publicly traded GovCon firms that will make up this year’s GovConIndex. The index, scheduled to relaunch on March 4th, is an amalgam of GovCon stocks representing a cross-industry analysis of the overall performance of the GovCon sector. Stock prices are listed in …

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HII Completes Fulcrum Acquisition

Huntington Ingalls Industries (NYSE: HII) has finalized its acquisition of Centreville, Va.-based Fulcrum IT Services as part of efforts to broaden predictive threat analytics and situational awareness offerings. HII said Monday Fulcrum will run as part of its technical solutions division and will bring capabilities in cybersecurity, engineering, software development, …

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McAleese & Associates: Investors Expect HII to Hit 10% Shipbuilding Margins in 2019

A new report by consulting firm McAleese & Associates says investors expect Huntington Ingalls Industries (NYSE: HII) to return to 10 percent shipbuilding operating margins in 2019. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote in the report the figure could be driven by five ship deliveries this …

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