TYSONS CORNER, VA, Sept. 26, 2016 ” Lockheed Martin (NYSE: LMT) has subcontracted General Atomics‘ electromagnetic systems subsidiary to provide the U.S. Special Operations Command‘s Dry Combat Submersible vehicles with Lithium-ion Fault Tolerant battery systems, ExecutiveBiz reported Friday. The LiFT battery wil...
Tony Cole, vice president and global government chief technology officer at FireEye (Nasdaq: FEYE), has said federal agencies should work to make their data infrastructures resilient to cyber attacks through the adoption of an œintelligence-driven security strategy. Cole wrote that implementing an intelligence-driven security approach calls for...
September 12 – September 16 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson For those of us who follow financial markets and in particular U.S. GovCon stocks, let’s take a deep breath during this slightly slower Friday session and take a brief look at the wi...
Matt Needy, formerly director of the Virginia-class submarine program at Huntington Ingalls Industries‘ (NYSE: HII) Newport News Shipbuilding division, has been promoted as the division’s vice president of the Virginia-class submarine program and fleet services. He will report to Ken Mahler, Newport News’ VP of Navy ...
TYSONS CORNER, VA, Sept. 7, 2016 ” Battelle has received a $55 million contract from the Environmental Protection Agency to develop and test technologies and processes that work to prevent pollution and help restore ecosystems, ExecutiveBiz reported Tuesday. The nonprofit company said Aug. 31 the follow-on contract covers te...
Executive Mosaic’s GovCon Index snapped a five-day losing streak Monday on advances by mid- and large-tier defense contractors as gains by financial shares led Wall Street to end its three-day stretch of declines. GovCon Index gainers outnumbered laggers by a roughly 3-to-1 ratio and nine of the GCI’s 11 S&P 500-listed...
TYSONS CORNER, VA, Aug. 29, 2016 ” Iridium Communications (Nasdaq: IRDM) CEO Matt Desch has said the Federal Aviation Administration will base its potential decision next year on the deployment of the Iridium NEXT satellite service based on the results of an ongoing cost-benefit analysis, ExecutiveBiz reported Wednesday. The...
TYSONS CORNER, VA, Aug. 25, 2016 ” Battelle will work with a subsidiary of Astrotech to build the final prototype of a chemical detection platform under the third phase of the Defense Department‘s Next Generation Chemical Detector multi-sample identifier technology maturation and risk reduction program, ExecutiveBiz re...
DRS Technologies has received a potential $400 million contract from the U.S. Army to develop a new Joint Assault Bridge system. DRS™ sustainment systems business unit will oversee the production of the hydraulic bridge launcher and M1A1 chassis assembly as well as system integration work under the indefinite-delivery/indefinite-quantity c...
TYSONS CORNER, VA, Aug. 23, 2016 ” Raytheon (NYSE: RTN) has introduced its new battle management platform offering for defense customers at the U.S. Army‘s Cyber Quest event, ExecutiveBiz reported Monday. The company said Monday the Cyber and Electromagnetic Battle Management platform works to support the Ele...
