Search Results for: SAIC

Huntington Ingalls ‘Shipyard of the Future’ Project Gets Mississippi Investment

TYSONS CORNER, VA June 1, 2015 — Huntington Ingalls Industries (NYSE: HII) has received $20 million from the Mississippi state government in support of its Shipyard of the Future initiative. The financial investment will go toward the development of a new dry dock and covered facilities for the company’s 11, 000 shipbuilders …

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Army Tests Northrop Air and Missile Defense System

TYSONS CORNER, VA June 1, 2015 — ExecutiveBiz reported Friday on the U.S. Army kicking off flight tests for the Northrop Grumman (NYSE: NOC) integrated air and missile defense battle command system. Northrop said the IBCS mission control software was used in conjunction with Patriot radar and launchers to intercept a …

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Raytheon Launches New Subsidiary in San Diego

TYSONS CORNER, VA June 1, 2015 — ExecutiveBiz reported Friday on Raytheon (NYSE: RTN) creating Raytheon Anschuetz USA LLC, a new subsidiary designed to expand its U.S. navigation systems market portfolio. “With this new company, we offer dedicated local support for U.S.-based customers, with greater flexibility, and set the foundation …

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June 1 Morning Report: GovCon Index Down on Friday’s Close

The GovCon Index closed Friday with a loss of 0.453 points to end the last week of May at 74.308. Harris Corp. (NYSE: HRS) has finalized its $5 billion purchase of Exelis,  whose place on the GovCon Index will now be occupied by Rockwell Collins (NYSE: COL) starting today. The Dow Jones Industrial Average declined 99.23 points to 18, 026.89, the …

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May 29 Market Close: GovCon Index Dips, GDP Data Pushes US Stocks Down

The GovCon Index ended the week with a close in negative territory Friday by 0.453 points to finish at 74.308. As of Monday, Rockwell Collins (NYSE: COL) will take the place formerly held by Exelis on the GovCon Index now that Harris Corp. (NYSE: HRS) has closed its $4.75 billion cash-and-stock purchase of Exelis. U.S. …

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Northrop’s Marshall Greenspan Picked for IEEE Picard Medal

TYSONS CORNER, VA May 29, 2015 — GovCon Executive reported Thursday on Northrop Grumman (NYSE: NOC) veteran Marshall Greenspan being named a recipient of the Picard Medal for Radar Technologies and Applications by the Institute of Electrical and Electronics Engineers. He was cited “for contributions to the development of multiple phase-center …

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Lockheed to Supply C4ISR System for Coast Guard Cutter

TYSONS CORNER, VA May 29, 2015 — ExecutiveBiz reported Thursday on Huntington Ingalls Industries (NYSE: HII) picking Lockheed Martin (NYSE: LMT) to build the C4ISR platform for the U.S. Coast Guard’s Midgett national security cutter. The $72 million contract award includes work on the USCG’s eight and final cutter that …

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Hess Picks Harris CapRock as Offshore Field Telecom Provider

TYSONS CORNER, VA May 29, 2015 — Hess Corp. has chosen Harris (NYSE: HRS) CapRock to do systems integration, equipment procurement, design and project management, and factory acceptance testing work on an offshore oil and gas field development project in the Gulf of Mexico, ExecutiveBiz reported Thursday. “Choosing Harris CapRock …

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Tom Romeo: MicroPact Alliance to Extend Maximus Case Management Work

TYSONS CORNER, VA May 29, 2015 — Tom Romeo, president of Maximus (NYSE: MMS) Federal Services, said he expects a newly struck alliance with MicroPact to help take Maximus’ process insights to fresh clients using MicroPact’s entellitrak platform,  ExecutiveBiz reported Thursday. The two companies announced Thursday the strategic partnership to jointly offer federal clients with case management and business process …

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Jamie Morehead: Parsons Committed to STEM Talent Pipeline Development

TYSONS CORNER, VA May 29, 2015 — Jamie Morehead, Parsons vice president of talent management, said the company continues to develop a science, technology, engineering and math talent pipeline in collaboration with students, educators and communities, GovCon Executive reported Thursday. “As a global engineering, construction, technical, and management services firm, …

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