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The GovCon Index started the first week of May with a gain of 0.493 points to 76.854 in an attempt at a recovery from two days of sharp losses incurred Thursday and Friday for the final days of April trade. Cubic Corp. (NYSE: CUB) closed up 6 cents to $41.63 with 309, 200 shares traded versus the 10-day average...

Jay Nussbaum, chairman of the board at Drone Aviation Holding Corp. since June 2015, will serve in the additional role of CEO at the Jacksonville, Florida-based tethered and unmanned aerial systems manufacturer. The nearly 40-year sales and business management veteran succeeds Kevin Hess, who has moved to his new role as chief technology o...

Susan Balaguer, formerly senior vice president of human resources at CACI International (NYSE: CACI), has joined Chantilly, Virginia-based government services contractor Engility (NYSE: EGL) as SVP and chief human resources officer. She will report directly to Engility CEO Lynn Dugle and will bring more than 2...

A Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) joint venture has secured a potential $116.7 million contract to produce fire control radar systems for India through a foreign military sales deal. Longbow LLC will also support the U.S. Army‘s Apache Attack Helicopter Project Management Office under the firm-fixed-...

TYSONS CORNER, VA, April 29, 2016 ” Rebecca Cowen-Hirsch, senior vice president for U.S. government strategy and policy at Inmarsat, has said military and commercial integration of satellite systems works to support unhindered warfighter access to services, ExecutiveBiz reported Tuesday. Cowen-Hirsch wrote in a blog entry posted Monday tha...

TYSONS CORNER, VA, April 29, 2016 ” Engility (NYSE: EGL) will provide intelligence and technical analysis, program and data management as well as classified systems engineering services to several intelligence agencies under four contracts worth $102 million combined, ExecutiveBiz reported Wednesday. The company said Wednesday the Intellig...