Search Results for: Raytheon

Contractors to Start Transferring Vessels Abroad on Potential $1.5B Navy Contract

VSE Corp. and a team of contractors can now start working on a potential $1.5 billion foreign military sales contract with the U.S. Naval Sea Systems Command, Washington Technology reported. The contract, originally awarded in October 2011, has one base year worth $277 million and four one-year options. Team members …

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Navy Awards $97M Education Services Contract

The U.S. Navy awarded a contract potentially worth $97, 361, 843 for education training products and services, the Defense Department announced Wednesday. The cost-plus-fixed fee, firm-fixed price contract includes the base period and two one-year options. Contractors will provide training products and services to the Naval Education Training Command and the …

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Accenture Assembles Federal Business Advisory Board; Kay Kapoor Comments

Accenture (NYSE: ACN) has appointed five former federal officials to Accenture’s newly formed federal advisory board, Accenture announced Tuesday. Accenture said the board will meet quarterly and advise the company’s federal services unit on the federal market, industry trends and business strategies. Kay Kapoor, managing director of Accenture’s federal practice, …

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William Lynn Confirmed to be New DRS CEO

Italian aerospace and defense group Finmeccanica has confirmed that former Deputy Defense Secretary William Lynn has joined its DRS Technologies subsidiary as chairman and CEO. The company announced Lynn will succeed current Chairman and CEO Mark Newman, who is retiring. Prior to joining DRS, Lynn served as deputy defense secretary …

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Report: Former Deputy Defense Sec. Lynn to Lead DRS Technologies

Italian aerospace and defense group Finmeccanica is expected to appoint former Deputy Defense Secretary William Lynn as chairman and CEO of its DRS Technologies subsidiary, Defense News reports. If appointed, Lynn would replace Mark Newman, DRS’ chairman and CEO since 1995. Lynn would play a wide role in overseeing Finmeccanica’s U.S.-based …

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NJVC Names Directors for Data Center, Capture, Business Development

NJVC has named three new executive-level hires, according to a company announcement Thursday. The company named Jay Emerson director for data center services. NJVC said Emerson recently helped to establish an enterprise architecture program for a Defense Department agency. Charles Barker has assumed the role of director for capture. Barker …

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Lockheed Wins $238M to Produce GPS III Space Vehicles

The U.S. Air Force has awarded Lockheed Martin‘s (NYSE: LMT) space systems company a $238, 489, 236 contract to begin production of GPS III Space Vehicles three and four, the Pentagon announced Wednesday. The space vehicles will offer increased m-code anti-jam capabilities while enabling full earth coverage, according to an Air …

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Lockheed Shareholders to Vote on Separating CEO, Chairman Duties

In a Dec. 19 filing with the Securities and Exchange Commission, Lockheed Martin Corp. (NYSE: LMT) indicated it has received several proposals from its shareholders for the company to separate the roles of CEO and chairman of the board of directors. Robert Stevens currently holds both positions at the company. Company shareholders will …

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Report: U.S. Signs $3.5B Lockheed Missile Interceptor Deal with UAE

The U.S. government will sell up to $3.49 billion of Lockheed Martin‘s (NYSE: LMT) newest missile interceptors to the United Arab Emirates, Bloomberg has learned. The UAE would be the first international buyer of the Terminal High-Altitude Area Defense missile interceptor. A U.S. government official told the publication that the contract has …

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Boeing Team Wins $181M for Navy Osprey Program

A Boeing (NYSE: BA) and Bell Helicopter team has won five contracts worth a combined $181 million with the U.S. Navy for work on the Osprey program, the Pentagon announced Thursday. The contracts include: A $72, 928, 060 advanced acquisition award for long lead components for 17 MV-22 and 17 …

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