Weekly Roundup December 18 – December 22 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This month there was a significant amount of year-end contract activity in the GovCon marketplace. Foreign nations announced their intent to purchase military vehicles and the commencement o...
BAE Systems has secured a potential $6.69 billion contract to supply Qatar’s air force with 24 Eurofighter Typhoon multirole fighter jets. The company said Sunday it expects to start deliveries in late 2022 and will also provide in-service support and initial training services as a prime contractor on the contract. A consor...
Weekly Roundup December 4 – December 8 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson In recent weeks the GovCon industry has experienced multiple significant executive shifts that are sure to leave an impact on the industry as a whole. Recent executive moves include:...
Paul Eremenko, formerly chief technology officer at Airbus, will join United Technologies Corp. (NYSE: UTX) to serve as a senior vice president and CTO starting Jan. 1. He will succeed the retiring J. Michael McQuade and directly report to Greg Hayes, UTC chairman and CEO, the company said Thursday. Eremenko will oversee the Farmington, Connect...
BAE Systems has announced plans to eliminate its U.K. and international platforms and services operating groups as part of a reorganization effort that will take effect on Jan. 1. The company said Tuesday it will consolidate its military air and information business, its interest in the MBDA joint venture as well as its Australia, Oman...
Greg Hayes, CEO of United Technologies Corp. (NYSE: UTX), has said UTC™s move to acquire Rockwell Collins (NYSE: COL) under an estimated $30 billion deal seeks to advance the development of digital platforms for the aviation sector, Reuters reported Tuesday. Hayes told Reuters the proposed acquisition also aims to facilitate the ...
TYSONS CORNER, VA, Aug. 25, 2017 ” Hughes Network Systems executive Rick Lober will serve as a panelist at the Global MilSatCom Conference to be held in the U.K. from Nov. 7 to 9 and contribute to discussions on ground-based systems for military satellite communications, GovCon Executive reported Thursday. SMi Group said Tuesday&...
India has released a request for information for a potential $10 billion program to buy multirole and multi-utility helicopters designed to help naval forces perform submarine warfare and search-and-rescue missions, Defense News reported Wednesday. The country™s defense ministry issued the RFI to Airbus, Bell Helicopter, Lockheed Martin (NYSE: ...
TYSONS CORNER, VA, Aug. 11, 2017 ” A subsidiary of Northrop Grumman (NYSE: NOC) has completed the preliminary design review of the AstroMesh reflectors for two Airbus-built communications satellites that will be part of the Inmarsat-6 constellation, ExecutiveBiz reported Thursday. Northrop said Wednesday Astro Aerospace conducted the ...
CAE has secured more than $138.5 million in contracts during the first quarter of its 2018 fiscal year to provide aircraft simulation products, training services and in-service support to U.S. and international defense customers. Montreal-based CAE said Tuesday it received contracts from Lockheed Martin (NYSE: LMT), L3 Technologies...
