The GovCon Index attempted an afternoon reversal from its morning decline Thursday and closed at a nominal loss of 0.004 points to 80.493 as U.S. investors paused their recent stretch of optimism before the Federal Reserve‘s policy meeting next week and other key events to gauge the global economy. Thursday ends the Index’s str...
TYSONS CORNER, VA, June 9, 2016 ” Rick Ambrose, executive vice president of Lockheed Martin‘s (NYSE: LMT) space systems business, was featured in the Atlantic Council’s Captains of Industry Series event Wednesday, GovCon Executive reported Monday. The council said Ambrose’s portion in the discussion focuses on Lockheed...
TYSONS CORNER, VA, June 9, 2016 ” Fulcrum has received a 2016 Helios HR Apollo Award in recognition of the company’s employee assimilation and onboarding practices, GovCon Executive reported Monday. The company said Friday it was one of 33 finalists in Helios HR’s annual awards for human resources and has also re...
Jennifer Chronis, a former vice president in IBM‘s (NYSE: IBM) federal business and 15-year “Big Blue” veteran, has joined cloud computing services contractor Amazon Web Services as general manager for the Defense Department market, AWS has confirmed to GovCon Wire. Chronis will oversee accounts related to the f...
Lloyd Austin, former U.S. Central Command commander, has been elected to join United Technologies Corp.‘s (NYSE: UTX) board of directors. UTC said Wednesday the retired U.S. Army general will join the company on Sept. 1 and become one of 14 board members. Austin served in the Army for over 41 years and held various com...
United Technologies Corp.‘s (NYSE: UTX) Pratt and Whitney business unit has secured a potential $64 million contract modification from the U.S. Air Force for F119 engine sustainment services. The Defense Department said Wednesday the Air Force Life Cycle Management Center will obligate $48 million from fiscal 2016 operations and maintenan...
TYSONS CORNER, VA, June 8, 2016 ” Raytheon (NYSE: RTN) will support the U.S. Marine Corps‘ Secondary Reparable program for rebuilding and servicing ground vehicle parts as part of a $249.9 million contract for logistics integration support to the Marines, GovCon Executive reported Monday. The company said Monday it will ser...
TYSONS CORNER, VA, June 8, 2016 ” Rebecca Cowen-Hirsch, senior vice president for government strategy and policy at Inmarsat, has indicated that the company’s Global Xpress network promotes interoperability between commercial and military communications systems, ExecutiveBiz reported Thursday. Cowen-Hirsch wrote in a b...
Boeing (NYSE: BA) has received a potential four-year, $667.5 million contract from the U.S. Army to deliver 24 AH-64E Apache helicopters and related equipment to Qatar as part of a foreign military sales agreement. The company will perform work in Mesa, Arizona, through May 31, 2020, under the fixed-price-incentive contract and the Army Contrac...
TYSONS CORNER, VA, June 7, 2016 ” The Virginia Chamber of Commerce has included Phacil in its Fantastic 50 Fastest Growing Companies list for the fourth year in a row, GovCon Executive reported Friday. The company said May 2 the chamber gave the honors during a ceremony held late April. “It is an honor to be ...
