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TYSONS CORNER, VA, Dec. 1, 2016 ”  The Customs and Border Protection agency has awarded Leidos (NYSE: LDOS) a potential $66 million delivery order to supply cargo and vehicle scanning systems as well as optional training and maintenance to support customs operations, ExecutiveBiz reported Wednesday. Leidos said Tuesday it will pr...

Global investment firm Carlyle Group plans to sell the remaining 11.3-percent stake it holds in government services contractor Booz Allen Hamilton (NYSE: BAH) six years after the latter’s initial public offering. Booz Allen said Thursday it expects Carlyle’s divestiture of 16.7 million shares for $36.75 each through a seco...

Booz Allen Hamilton (NYSE: BAH) Chief Financial Officer Lloyd Howell characterized to investors Wednesday the firm’s pending $250 million acquisition of digital services contractor Aquilent announced Tuesday as a “tuck-in, capability-based” versus other large scale-focused transactions in the industry over the past y...

  Judy Marks, an executive vice president at the Dresser-Rand subsidiary of Siemens,  has been selected to succeed the retiring Eric Spiegel as CEO of the industrial conglomerate’s U.S. subsidiary in a move scheduled to take effect Jan. 1. “Judy has a deep knowledge of Siemens’ entire portfolio that will ...

Rainer Blair,  a Danaher Corp. (NYSE: DHR) vice president and group executive, will elevate to an executive VP role at the Washington, D.C.-based science and technology company in a transition scheduled to take effect Jan. 1, 2017. Danaher said Thursday Blair will be responsible for the company’s $5 billion life sciences pl...

The U.S. Army has awarded BAE Systems a potential seven-year, $384 million contract to produce a thermal weapon sight technology that will work to help soldiers identify and engage targets in the battlefield. BAE said Wednesday the military branch ordered the company’s Family of Weapon Sights“Crew Served system compris...

A United Technologies Corp. (NYSE: UTX) subsidiary has secured a $309.8 million contract from the U.S. Navy to provide propulsion system services in support of the F-35 Joint Strike Fighter program. The Defense Department said Wednesday that Pratt & Whitney will supply hardware, training course materi...

The chief executives of Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) described to investors Wednesday their expectations of the foreign military sales environment in light of oil price volatility worldwide and President-elect Donald Trump’s campaign suggestion that U.S. allies contribute more financial resources to their own defen...