Executive Mosaic’s GovCon Index traded higher Tuesday to start the final trading week of 2016 as GCI-S&P 500 company Lockheed Martin (NYSE: LMT) led gains in conjunction with positive performances by mid- and lower-tier primes and services contractors. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and eig...
TYSONS CORNER, VA, Dec. 27, 2016 ” Engility (NYSE: EGL) has secured a five-year $31 million contract for cybersecurity research, evaluation and analysis services in support of the Defense Technical Information Center, ExecutiveBiz reported. The company said Dec. 20 it will conduct assessments, independent verification and validat...
TYSONS CORNER, VA, Dec. 27, 2016 ” A team of companies led by BAE Systems will support the assessment phase of the Challenger 2 Life Extension Project that seeks to modernize the main battle tanks of the British Army under an agreement with the U.K. defense ministry, ExecutiveBiz reported Friday. The company said Thursday the coa...
Melissa Hathaway, president of consulting firm Hathaway Global Strategies, has called on President-elect Donald Trump to prioritize cybersecurity initiatives in his budget plan. Hathaway wrote in an opinion piece published Sunday on The Post and Courier that Trump must focus on efforts to secure energy, telecommunications and financial systems...
Lockheed Martin (NYSE: LMT) CEO Marillyn Hewson has said she assured President-elect Donald Trump that the company will work to reduce the cost of the F-35 fighter aircraft, CNN reported Friday. Danielle Wiener-Bronner writes Hewson made the remarks in a Twitter post Friday a day after Trump asked Boeing (NYSE: BA) to quote a competin...
Gary Wang, a former chief technology officer at IBM (NYSE: IBM), and Peter O’Donoghue, a former vice president at CSRA (NYSE: CSRA), will serve as VPs within Unisys‘ (NYSE: UIS) federal business. Wang will oversee Unisys Federal‘s cloud-related products as VP for cloud and infrastructure services while O...
Lockheed Martin (NYSE: LMT) has received a potential $284.6 million contract from the U.S. Navy to produce infrared target sight systems for the AH-1Z Cobra attack helicopter. The company™s Orlando, Florida-based missile and fire control unit will produce the sight system in Orlando and Ocala in Florida through January 2022 for the Navy an...
TYSONS CORNER, VA, Dec. 23, 2016 ” Siemens has secured several Energy Savings Performance Contracts to support the U.S. Government’s efforts to reduce energy and water use across federal agencies, ExecutiveBiz reported Tuesday. The company will help agencies, including the U.S. Army and the National Park Service to mit...
TYSONS CORNER, VA, Dec. 23, 2016 ” Dennis Mullenburg, Boeing (NYSE: BA) chairman, president and CEO, has stated that the company will work with the incoming administration in an effort to build two presidential airplanes within a $4 billion budget, ExecutiveBiz reported Thursday. The Hill newspaper reported Wednesday Mullenburg discussed the bu...
CACI International (NYSE: CACI) has received a five-year, $140 million contract to support the U.S. Fleet Forces Command™s naval logistics and training program. The company will provide analysis, system administration, financial management, on-site assistance, training, implementation and program management services to Fleet Forces Command...
