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...
American Electronic Warfare Associates has won a four-year, $91.3 million contract to provide engineering, management and technical support services to the Naval Air Warfare Center Aircraft Division™s integrated battlespace simulation and test department. The company will perform work in Patuxent River, Maryland, through August 2020 and the U.S...
United Technologies Corp.‘s (NYSE: UTX) Pratt & Whitney subsidiary has received a three-year, $151.7 contract modification from the U.S. Navy to provide a range of F-35 Lightning II aircraft supplies and services. The Defense Department said Wednesday the modification covers initial spare modules, engine system trainers...
TYSONS CORNER, VA, Aug. 8, 2016 ” Orbital ATK (NYSE: OA) has delivered the first two Iridium (Nasdaq: IRDM) NEXT satellites to Vandenberg Air Force Base in preparation for the scheduled satellite launch on Sept. 19, ExecutiveBiz reported Thursday. Spaceflight Now reported Wednesday Orbital ATK transported the Iridium NEXT satelli...
Battelle and Ohio State University have jointly hired Zachary Mears, former deputy chief of staff to the Defense Department secretary, to dual roles as an adviser at the nonprofit organization and assistant vice president for national security and research programs at the university. His appointment works to establish a str...
Parsons Corp. has won a potential five-year, $86 million contract from the Missile Defense Agency to provide advisory and assistance services for the Ballistic Missile Defense System program. The Defense Department said Wednesday that Parsons’ government services business will support the development of an integrated comman...
