The U.S. Army has awarded a $154 million contract to General Electric‘s (NYSE: GE) aviation segment and a $102 million contract to Advanced Turbine Engine Co. to conduct preliminary design reviews for an updated helicopter turbine engine technology. The Defense Department said Monday the compan...
Craig McKinley, president and CEO of the National Defense Industrial Association, plans to retire by Dec. 31 after a two-year term as the trade group’s leader. NDIA said Monday he has led the association’s efforts to develop a new strategic direction and establish relationships with government, corporate and academic stakehold...
Executive Mosaic’s GovCon Index recovered from a slightly negative open Monday and held positive against choppy activity in U.S. stock markets as speculation over the next interest rate hike continued to dominate investors’ attention. GovCon Index gainers outnumbered laggers and unchanged stocks by a 2-to-1 ratio and eight of t...
TYSONS CORNER, VA, Aug. 22, 2016 ” Cameron Chehreh, chief technology officer at Dell‘s federal business, has stated that the structure of legacy software for off-the-shelf government products poses the biggest challenge to the information technology modernization efforts of the government, Executive Gov reported Wednesday. Chere...
TYSONS CORNER, VA, Aug. 22, 2016 ” The U.S. Army has awarded a Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) joint venture a potential $38.4 million contract to deliver radar electronic units for the service branch’s lot 7 AH-64 Apache attack helicopters, ExecutiveBiz reported Friday. Longbow LLC is set to pe...
Michael Grasso, a 35-year veteran and former vice president of government relations at Lockheed Martin (NYSE: LMT), has joined Engility (NYSE: EGL) as senior vice president of business development and strategic planning for the government services contractor. Engility said Monday he will report directly to CEO Lynn...
Randy Wood, vice president of federal sales at application delivery networking platforms provider F5 Networks (Nasdaq: FFIV), has said federal information technology leaders should prioritize security at the application level in order to protect networks from cyber threats. Wood wrote that there are three principles in application security that fede...
August 15 – August 19 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The long-awaited, much-anticipated and well-documented merger of Leidos into the now former Lockheed Martin information technology and technical services business completed on Tuesday. As i...
TYSONS CORNER, VA, Aug. 19, 2016 ” Leidos (NYSE: LDOS) has added Gregory Dahlberg, Surya Mohapatra and Susan Stalnecker to its board of directors as the company closes its $5 billion merger with Lockheed Martin‘s (NYSE: LMT) information systems and global solutions segment, GovCon Executive reported Wednesday. The appointments bring ...
TYSONS CORNER, VA, Aug. 19, 2016 ” A Dell-sponsored study by PSB has found that 70 percent of federal information technology decision-makers revealed their agencies still rely on legacy computer systems while more than 50 percent still use obsolete operating systems, ExecutiveBiz reported Wednesday. Dell said Tuesday the&nbs...
