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A joint venture of Fluor (NYSE: FLR) and Empresas ICA (NYSE: ICA) will begin engineering, procurement and construction work on a diesel refinery in Mexico under a $1 billion contract with Mexican state-owned petroleum firm Pemex Transformacion Industrial. ICA Fluor will provide commissioning services for two diesel hydrodesulfuri...

The GovCon Index snapped a four-day streak of declines Tuesday with a surge upward of 1.129 percent to 74.285 in another volatile trading day for U.S. financial markets driven by continued oil price declines and attention on China. Crude oil futures in New York settled 50 minutes later than usual due to volatility and ended...

TYSONS CORNER, VA, January 12, 2016 ” Huntington Ingalls Industries™ (NYSE: HII) shipbuilding division updated Chief of Naval Operations Adm. John Richardson on the current construction of the four classes of military vessels for the U.S. Navy and the U.S. Coast Guard, ExecutiveBiz reported Monday. HII said Friday Richardson...

TYSONS CORNER, VA, January 12, 2016 ” SAP (NYSE: SAP) can now operate its Global Trade Services application in automated commercial environments for entry summaries after the company has received a U.S. Customs and Border Protection certification, ExecutiveBiz reported Monday. SAP said Monday it will use ACE for its tra...

TYSONS CORNER, VA, January 12, 2016 ” General Atomics has awarded a $48 million subcontract to General Tool to provide hardware equipment for the U.S. Navy‘s USS John F. Kennedy aircraft carrier, ExecutiveBiz reported Monday. The Cincinnati Business Courier reported Friday the award to the local defense and aerospace contra...

Erik Smith, vice president and general manager for sensor systems at Saab Defense and Security USA — a Saab Group subsidiary — has been appointed president and CEO of the business. “Erik has extensive experience in the U.S. defense industry and has a demonstrated understanding of how to navigate our market area’s unique marke...

TYSONS CORNER, VA, January 12, 2016 ” Lockheed Martin (NYSE: LMT) has begun the assembly of the four major structural components of Israel’s first F-35A aircraft at a facility in Texas ahead of its delivery in late 2016, ExecutiveBiz reported Monday. The company said Sunday the first of 33 F-35A Adir conventional takeoff an...

Lockheed Martin (NYSE: LMT) has secured a potential one-year, $80 million contract modification to perform computer program baseline design work on Aegis combat systems aboard the U.S. Navy™s warships. The service branch awarded the contract modification to exercise the options under the Aegis Combat System Engineering Agent prog...

Christopher Noone, formerly head of the public sector independent software vendor business of Salesforce (NYSE: CRM), has joined Fonteva as vice president of business development. Noone will be responsible for the company’s endeavor to increase revenue for emerging product lines, Fonteva said Monday. Jerry Huskins, CEO of Fonteva, said Noone&#...