Charles Kriete, formerly chief marketing officer of Kore Wireless Group, has joined TESSCO Technologies (Nasdaq: TESS) as senior vice president for product management and solutions at the Hunt Valley, Maryland-based wireless communications technology supplier. Kriete will report directly to Murray Wright, TESSCO president and CEO, and...
Executive Mosaic’s GovCon Index held higher Friday to post a weekly advance on boosts from from blue chip stock McKesson Corp. (NYSE: MCK) and aerospace company Rockwell Collins (NYSE: COL) after a first quarter earnings. U.S. stocks sharply pared their gains after now President Donald Trump’s inaugural spee...
Weekly Roundup January 16 – January 20 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson All eyes were on Washington today as Donald Trump took the oath of office on Capitol Hill to become the 45th President of the United States and officially usher in a time we...
TYSONS CORNER, VA, Jan. 20, 2017 ” Leidos (NYSE: LDOS) has secured a one-year, $22 million delivery order to supply terrain data and battlefield equipment to help construct training environments for U.S. Army simulation systems, ExecutiveBiz reported Thursday. The delivery order was awarded under the military servi...
TYSONS CORNER, VA, Jan. 20, 2017 ” The U.S. Army has awarded IBM (NYSE: IBM) a potential five-year, $62 million task order to create and manage an on-premise private cloud platform as part of the military service’s Army Private Cloud Enterprise program, ExecutiveBiz reported Thursday. IBM said Wednesday the task order also cover...
Lockheed Martin (NYSE: LMT) and the Defense Department are still in talks and could finalize by the end of January a new contract worth approximately $9 billion that would reduce the price of the next batch of F-35 fighter jets to under $100 million per aircraft, Reuters reported Thursday. Mike Stone writes sources said the...
TYSONS CORNER, VA, Jan. 19, 2017 ” Advanced Concepts and Technologies International has appointed Phil Simonsen, a space and intelligence community veteran, as its new senior executive for space and cyber programs, GovCon Executive reported Wednesday. The company said Simonsen will work to identify and pursue new busine...
TYSONS CORNER, VA, Jan. 19, 2017 ” CAE (NYSE: CAE) has landed contracts worth a total of $134.1 million from international military customers for new simulation technologies, simulator updates and training support services, ExecutiveBiz reported Tuesday. The company said Tuesday it closed a deal with Airbus‘ defense and space bu...
Optimal Solutions and Technologies has won a potential $248 million firm-fixed-price contract from the U.S. Army for systems engineering and technical assistance support services. The Defense Department said Wednesday OST will provide the services to the Army’s program executive office for simulation, training and instrumentation as ...
James Winnefeld Jr., a retired U.S. Navy admiral and former vice chairman of the Joint Chiefs of Staff, has been elected to Raytheon‘s (NYSE: RTN) board of directors. The 37-year Navy veteran previously led the North American Aerospace Defense Command and the U.S. Northern Command, Raytheon said Wednesday. “Sandy brings signifi...
