Bill Toti, former president of the global defense segment at Cubic Corp. (NYSE: CUB), has joined Hewlett Packard Enterprise (NYSE: HPE) as vice president for defense and homeland security, GovCon Wire has learned. He will oversee HPE’s work with the departments of Defense, Homeland Security, Justice and State in hi...
Executive Mosaic’s GovCon Index posted a gain of 0.508 percent or 0.412 points Friday to close at 81.565 and end a three-day losing streak as investors bet against the possibility of an interest rate hike in September. The Index also registered a weekly gain with S&P 500-listed Northrop Grumman (NYSE: NOC) as ...
Executive Mosaic’s GovCon Index ended its three-day losing streak Friday after August’s jobs report missed economists expectations to register a weekly gain and investors bet against the possibility of a September interest rate hike. GovCon Index gainers outnumbered laggers by a roughly 9-to-1 ratio and S&P 500-listed&...
TYSONS CORNER, VA, Sept. 2, 2016 ” Orbital ATK (NYSE: OA) has opened multiple facilities in Rocket Center, West Virginia, to produce advanced tactical propulsion systems, ExecutiveBiz reported Thursday. The company said Wednesday the facilities, located at the Allegany Ballistics Laboratory, are built to help address a&...
TYSONS CORNER, VA, Sept. 2, 2016 ” A new U.S. Air Force facility at Altus Air Force Base will house the service branch’s formal training activities on the Boeing-built (NYSE: BA) KC-46 Pegasus aerial refueling tanker aircraft, Executive Gov reported Thursday. The Air Force said Wednesday the Leverett Formal Traini...
TYSONS CORNER, VA, Sept. 2, 2016 ” The U.S. Navy has awarded AT&T (NYSE: T) an $11.3 million contract for the construction of five land mobile radio communication towers at the Marine Corps Mountain Warfare Training Center in California, ExecutiveBiz reported Thursday. The Defense Department said Wednesday that ...
TYSONS CORNER, VA, Sept. 2, 2016 ” BAE Systems has entered into an agreement with the government of Australia for the company to update its Type 26 Global Combat Ship in response to requirements set in the Australian naval force’s SEA 5000 Future Frigate program, ExecutiveBiz reported Thursday. BAE said Thursday i...
TYSONS CORNER, VA, Sept. 2, 2016 ” CAE‘s (NYSE: CAE) U.S. business has accepted delivery of three G120TP aircraft that the company will use to provide fixed-wing aircraft training to the U.S. Army‘s rotary-wing aircraft pilots, ExecutiveBiz reported Thursday. CAE said Wednesday it has started preparatio...
Executive Mosaic’s GovCon Index started September with a slight decline Thursday to register its third straight loss as Vectrus (NYSE: VEC) plunged almost 20 percent on the loss of a contract for Middle East-based logistics services the company held since 2010. Colorado Springs-based Vectrus said pre-open the Army Prepositioned Stock...
TYSONS CORNER, VA, Sept. 1, 2016 ” L-3 Communications (NYSE: LLL) will manufacture electro-optical and infrared designating turrets for integration onto a Middle Eastern customer’s UH-60 Black Hawk helicopters built by Sikorsky Aircraft through the foreign military sales program, ExecutiveBiz reported Wednesday. The cu...
