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TYSONS CORNER, VA, Feb. 28, 2017 ” The aeronautical systems business of General Atomics will work with industry partners Raytheon (NYSE: RTN), CAE (NYSE: CAE), Cobham and Flight Data Systems to support the Australian military’s Project Air 7003, ExecutiveBiz reported Monday. General Atomics said Tuesday the team aims t...
Robert Miller III, a former capture manager at KEYW Corp. (Nasdaq: KEYW), has been named director of business development for the security and intelligence division at Parsons‘ federal group. Parsons said Monday that Miller brings more than 16 years of capture and program management, signals intelligence, software deve...
Executive Mosaic’s GovCon Index closed at an all-time record high Monday with large aerospace-and-defense primes the main contributors to gains after President Donald Trump unveiled his proposal to raise military spending 9 percent for the next federal fiscal year. U.S. stocks also posted small gains as the benchmark S&P 500 composite...
TYSONS CORNER, VA, Feb. 27, 2017 ” Inmarsat will build satellite application programs for disaster relief, healthcare and sustainable fishing under a grant award from the U.K. space agency, ExecutiveBiz reported Friday. The company said Wednesday the grant seeks to identify potential uses of satellite technology to address local commu...
TYSONS CORNER, VA, Feb. 27, 2017 ” Lockheed Martin (NYSE: LMT) has signed a memorandum of understanding with Abu Dhabi Ship Building Company to provide sustainment support for the United Arab Emirates’ naval assets, ExecutiveBiz reported Friday. The MOU covers joint maintenance, repair and overhaul services for the UAE navy...
TYSONS CORNER, VA, Feb. 27, 2017 ” L3 Technologies (NYSE: LLL) will deliver 800-horsepower transmission systems for South Korea’s infantry fighting and light-recovery vehicles under a potential $17.3 million contract, ExecutiveBiz reported Friday. The company said Thursday its combat propulsion systems division will deliver the ...
TYSONS CORNER, VA, Feb. 27, 2017 ” Lockheed Martin (NYSE: LMT) has unveiled plans to relocate an estimated 650 positions under the Fleet Ballistic Missile program from California to Colorado and Florida by 2024, ExecutiveBiz reported Friday. The company said Thursday the move aims to build on skill sets, resources and infrastructure a...
Executive Mosaic’s GovCon Index posted a 0.625-point climb Friday to record a fourth consecutive weekly gain as defense stocks received a boost from President Donald Trump’s reiteration of his presidential campaign pledge to build up the military. GCI advancers outnumbered decliners by a 4-to-1 ratio with Huntington Ingalls Industri...
Executive Mosaic’s GovCon Index closed higher Friday to end its fourth straight weekly gain as investors eyed defense stocks after President Donald Trump repeated his election campaign pledge to build up the military during a speech in Washington. U.S. equities also posted narrow gains and the benchmark S&P 500 composite index ended the we...
Weekly Roundup February 21 – February 24 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson STG Group announced the next step in its journey as a publicly-traded government contractor this week with its first acquisition since the company started to offer its shares in th...
