Weekly Roundup January 9 – January 13 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This first full week back to work for us after the Christmas and New Year™s holiday season also happens to represent the last one before President-elect Donald Trump takes office next...
Lockheed Martin (NYSE: LMT) is “close to a deal” on a new contract that would “significantly” bring down costs of the next line of F-35 fighter jets and add 1, 800 new jobs at its Fort Worth, Texas facility that houses production, the company’s chief executive said Friday after a meeting with President-elect D...
TYSONS CORNER, VA, Jan. 13, 2017 ” CenturyLink (NYSE: CTL) will deliver software-defined networking and network functions virtualization services as part of its Defense Research and Engineering Network III contract that looks to develop a fiber-optic network for the Defense Department, ExecutiveBiz reported Thursday. The company ...
TYSONS CORNER, VA, Jan. 13, 2017 ” RapidSOS has named William Swanson, former Raytheon (NYSE: RTN) chairman and CEO, to the advisory board of the New York-based emergency communications technology company, GovCon Executive reported Thursday. Swanson has at least 40 years of experience in cybersecurity, defense and communicat...
Executive Mosaic’s GovCon Index fell for a second straight session Thursday on continued declines by large aerospace and defense primes as U.S. stocks also tumbled with earnings season at the forefront of investor attention. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and two of its 11 S&P 500 components advanced with...
TYSONS CORNER, VA, Jan. 12, 2017 ”DigitalGlobe (NYSE: DGI) has selected the top five developers who took part in its machine learning algorithm development challenge using satellite imagery, ExecutiveBiz reported Wednesday. The winners of the SpaceNet Challenge will receive $35, 000 in total prizes and will have their algorithms released t...
TYSONS CORNER, VA, Jan. 12, 2017 ” Harris (NYSE: HRS) will provide electronic warfare systems for the Moroccan air force’s fleet of F-16 fighter jets as part of a potential $91 million contract from the U.S. Air Force, ExecutiveBiz reported Wednesday. The company said Tuesday it will provide its AN/ALQ-211 Advanced Integrated De...
David Aguilar, a former commissioner of the Customs and Border Protection agency, has joined the board of directors at tethered drone and lightweight aerostat manufacturer Drone Aviation Holding. Aguilar, who most recently led a team of more than 60, 000 as head of CBP, brings 35 years of experience in federal law enforcement and international ...
TYSONS CORNER, VA, Jan. 11, 2017 ” The U.S. Navy looks to extend BAE Systems‘ development work on a pulsed power technology for the shipboard electromagnetic railgun weapon system through a contract modification, ExecutiveBiz reported Tuesday. Military & Aerospace Electronics reported Monday the potential sole-source aw...
Phil Quade, former special assistant for cyber of the National Security Agency director, has joined Fortinet (Nasdaq: FTNT) as chief information security officer and strategic consultant to C-level enterprise clients. Fortinet said Tuesday Quade will oversee the company’s information security, compliance with global regulations and standa...
