For the government technology services sector, the third quarter was strong and a step up from the prior years™ flat or shrinking activity throughout the industry, according to Bob Kipps, managing director at Tysons Corner-based aerospace and defense investment bank KippsDeSanto & Co. “Operationally, 2016 has been the year w...
Darin Powers, former chief operating officer of Toffler Associates, has joined NT Concepts as senior vice president for national security solutions at the Vienna, Virginia-based intelligence and investigative services provider. NT Concepts said Tuesday the 25-year government contracting and military service veteran will lead operations and...
Satellite imagery vendor DigitalGlobe (NYSE: DGI) has acquired data sciences services company Timbr in a continued push to expand cloud-based offerings and create new analytics techniques to manage large volumes of information, DigitalGlobe CEO Jeffrey Tarr told investors Tuesday. This deal comes nearly two weeks after Westminster, Co...
TYSONS CORNER, VA, Oct. 25, 2016 ” Harris (NYSE: HRS) has received a four-year, $55 million contract to provide sustainment services for an electronic warfare system that works to protect the U.S. Air Force‘s B-52 strategic bombers and C-130 military transport aircraft from radar-guided threats, ExecutiveBiz reported Monday. The...
TYSONS CORNER, VA, Oct. 25, 2016 ” Chris Sullivan, senior vice president and chief information officer at Serco‘s North American arm, will share insights on cybersecurity at a workshop for local businesses in Shenandoah Valley, West Virginia, on Thursday, GovCon Executive reported Monday. Sullivan will tackle methods to eva...
Lockheed Martin (NYSE: LMT) has lifted its goal of international revenue from an initial goal of 25 percent originally set in 2014 to 30 percent in future years past 2016 as the defense contractor is “on track to exceed” the former benchmark this year, CEO Marillyn Hewson told investors Tuesday. Contributions from the company’...
Erich Sanchack, formerly vice president of competitive enhancements at Lockheed Martin (NYSE: LMT), has been named senior VP of federal sales at CenturyLink (NYSE: CTL) in a move that takes effect Nov. 1. CenturyLink said Tuesday he will succeed Tim Meehan, who will transition to a new role as VP of ...
Paul Lundstrom, formerly vice president of investor relations at United Technologies Corp. (NYSE: UTX), has been appointed chief financial officer and vice president of finance at Aerojet Rocketdyne (NYSE: AJRD). Lundstrom will succeed the departing CFO Kathy Redd on Nov. 7 and will report directly to President and CEO Eileen Drake through the ...
The Defense Logistics Agency has awarded Boeing (NYSE: BA) a $196.7 million delivery order to supply the U.S. Navy with additional F/A-18 Hornet spare parts. The Defense Department said Monday it expects Boeing to fulfill the order by Dec. 30, 2019 and the purchase will be financed with the Navy’s working capital funds in f...
James Trainor, formerly assistant director of the cyber division at the FBI, has joined Aon™s (NYSE: AON) risk solutions business as senior vice president of cyber solutions group. Aon said Monday Trainor will work through Aon Risk Solutions™ office in New York and help the company establish a cyber strategy for clients through collaborati...
