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TYSONS CORNER, VA, March 22, 2016 ” Rick Ambrose, executive vice president of space systems at Lockheed Martin (NYSE: LMT), has indicated that work on the first GPS III satellite for the U.S. Air Force is scheduled to complete by August, ExecutiveBiz reported March 10. SpaceNews reported March 9 that Ambrose said in an interview ...

TYSONS CORNER, VA, March 22, 2016 ” Mike Tanner, president and CEO of Hitachi Data Systems Federal, believes the proper utilization of big data generated from Internet of Things devices can bring about “societal changes” and improve lives, ExecutiveBiz reported March 11. “Those devices… they’re all g...

New York City-based private equity firm Kohlberg Kravis Roberts & Co. L.P. (NYSE: KKR) has agreed to acquire the defense electronics business of global aerospace and defense contractor Airbus Group for approximately $1.24 billion. Airbus said Friday the transaction is scheduled to close in the first quarter of 2017 and t...

CNA‘s Center for Naval Analyses has received a potential $557.7 million U.S. Navy contract to provide applied research and analyses support to the Office of the Chief of Naval Operations. The federally-funded research and development center will conduct studies on the Navy and U.S. Marine Corps‘ major concerns and maintain staf...

Oshkosh Corp. (NYSE: OSK) has received three contract modifications worth a combined $433 million to provide heavy-duty vehicles for U.S. Army tactical operations. The Defense Department said Monday work under the contract modifications are scheduled to finish Nov. 30, 2017,  and the Army will use fiscal 2016 other procurement fu...

RAND Corp. has received a potential five-year, $231.3 million contract to provide consulting support services to the U.S. Air Force through the Project Air Force federally funded research and development center. The RAND-operated FFRDC will perform research and analyses that seek to address the service branch’s space, cyber and aerial requirem...

Ryan Marsden, formerly director of program control at Whitney, Bradley & Brown, has been promoted to vice president of finance at WBB. Marsden will oversee the company™s financial planning, reporting and program control, WBB said Monday. “Since Ryan joined us two years ago, he has built the program control office into a strong support...

Boeing (NYSE:BA) has landed a $184.9 million contract from the U.S. Army for the full-rate production of Lot 7 AH-64 Apache helicopters. The Army Contracting Command awarded the contract through a solicitation with one bid received, the Defense Department said Monday. The full obligated amount is from fiscal 2016 “othe...

Charles Stark Draper Laboratory has received a potential $163.6 million contract from the U.S. Navy to produce a guidance system for the Lockheed Martin-built (NYSE: LMT) Trident D5 MK 6 fleet ballistic missile. The lab will also perform failure verification, test, repair and recertification of Trident’s inertial measurement uni...