Cubic has been awarded $44 million in contracts to provide tactical engagement simulation systems to the U.S. Army for use in training exercise scenarios. The company said Monday it will produce instrumentable-multiple integrated laser engagement system individual weapon systems for the Army™s program executive office for simulation, train...
The GovCon Index closed Friday with a gain of 0.066 percent to 71.436. Both the Dow Jones Industrial Average and S&P 500 saw slight declines following another oil price drop, while the Nasdaq Composite received a boost from Applied Materials (Nasdaq: AMAT) and technology stocks to end the day in the positive. Top GovCo...
The GovCon Index showed a modest gain today closing at 71.436, up 0.066%, as both the Dow Jones Industrial and S&P500 closed slightly down from effects of sliding oil prices. The NASDAQ Composite ending the day in the positive receiving a boost from Applied Materials (AMAT.O) up 7.9% and rebound in technology stocks. As markets...
TYSONS CORNER, VA, February 19, 2016 ” Raytheon (NYSE: RTN) will launch a global cyber education program in effort to address the increased global demand for information technology talent, ExecutiveBiz reported Wednesday. The company said Tuesday it will unveil the program at the UAE Security Forum in Abu Dhabi and hold a four-day cyber wo...
TYSONS CORNER, VA, February 19, 2016 ” CenturyLink (NYSE: CTL) will help government agencies migrate their data workloads to an infrastructure-as-a-service cloud platform as part of its offering under the General Services Administration‘s Networx contract vehicle, ExecutiveBiz reported Wednesday. The company said Tuesday&nb...
TYSONS CORNER, VA, February 19, 2016 ” Northrop Grumman (NYSE: NOC) has completed the operational assessment of the U.S. Navy‘s MQ-4C Triton unmanned aircraft system, ExecutiveBiz reported Wednesday. The company said Tuesday the assessment includes flight tests for the UAS weapon system and moves the program closer to Milestone ...
TYSONS CORNER, VA, February 19, 2016 ” BAE Systems and Mahindra have partnered to construct an assembly, integration and test facility in India for the British contractor’s M777 howitzers, ExecutiveBiz reported Thursday. BAE Systems said Wednesday the partnership is in line with the Indian government’s planned purchase of ...
TYSONS CORNER, VA, February 19, 2016 ” Microsoft (Nasdaq: MSFT) will deploy its Windows 10 operating system across 4 million seats at the Defense Department after Pentagon CIO Terry Halvorsen‘s follow-up on a previous memo to standardize the OS across DoD, ExecutiveBiz reported Thursday. Company officials said in separate posts Wedne...
Lloyd Howell Jr., executive vice president at Booz Allen Hamilton (NYSE: BAH) and head of the firm™s civil commercial group, has been appointed as the new chief financial officer and treasurer at the McLean, Virginia-based consulting services contractor. Howell will succeed the retiring Kevin Cook on July 1 and also hold the total of principal...
IBM (NYSE: IBM) plans to buy cloud-based health data and analytic tools provider Truven Health Analytics from Veritas Capital for $2.6 billion in a bid to further expand its Watson Health business unit’s platforms for value-based care. IBM said Thursday it plans to integrate Truven’s cloud-based platforms and health claims data with ...
