TYSONS CORNER, VA, Aug. 25, 2016 ” Lockheed Martin (NYSE: LMT) plans to move the manufacturing base for the company’s F-16 aircraft to India in efforts to secure a potential order of more than 150 fighter jets under a military modernization program by the Indian government, ExecutiveBiz reported Wednesday. Bloomberg reporte...
TYSONS CORNER, VA, Aug. 25, 2016 ” Battelle will work with a subsidiary of Astrotech to build the final prototype of a chemical detection platform under the third phase of the Defense Department‘s Next Generation Chemical Detector multi-sample identifier technology maturation and risk reduction program, ExecutiveBiz re...
Executive Mosaic’s GovCon Index traded lower Wednesday with McKesson Corp. (NYSE: MCK) the worst net performer at more than double the decline of second-lowest Lockheed Martin (NYSE: LMT) as losses in healthcare shares dragged U.S. stocks into negative territory. General Dynamics was the only GovCon Index-S&P 500 compan...
TYSONS CORNER, VA, Aug. 24, 2016 ” General Atomics‘ electromagnetic systems subsidiary has delivered 20 Infrasound Collection Element small sensors to the University of Alabama in Huntsville to aid the university’s early tornado detection research and real-time tornado tracking efforts, ExecutiveBiz reported Tuesday. The s...
TYSONS CORNER, VA, Aug. 24, 2016 ” Boeing (NYSE: BA) has provided an Apache Longbow Crew Trainer to South Korea as part of a $1.6 billion contract to supply 36 attack helicopters and support services to the country’s army, ExecutiveBiz reported Tuesday. The Longbow Crew Trainer employs flight simulation techn...
TYSONS CORNER, VA, Aug. 24, 2016 ” Northrop Grumman (NYSE: NOC) has received a contract from the U.S. Air Force to update the ground control segment of the service branch’s Global Hawk unmanned aircraft systems, ExecutiveBiz reported Tuesday. The company said Monday it will provide a scalable cockpit architecture and&n...
TYSONS CORNER, VA, Aug. 24, 2016 ” Inmarsat‘s Global Xpress mobile broadband service will be available to global public sector customers via value-added reseller SpeedCast International, ExecutiveBiz reported Tuesday. SpeedCast will support the deployment of the GX service alongside Inmarsat’s Fleet Xpress maritime GX platform,...
TYSONS CORNER, VA, Aug. 24, 2016 ” Leidos (NYSE: LDOS) will assume responsibility for the work previously held by Lockheed Martin (NYSE: LMT) under the National Science Foundation’s U.S. Antarctic Program, ExecutiveBiz reported Tuesday. NSF said Monday the transfer is part of Leidos’ merger with Lockheed’s information systems ...
Executive Mosaic’s GovCon Index traded lower against across-the-board gains by U.S. stocks Tuesday as declines by large prime defense contractors weighed on the GCI. GovCon Index gainers edged laggers but only four of the GCI’s 11 S&P 500-listed stocks closed green as Lockheed Martin (NYSE: LMT) and Northrop Grumm...
TYSONS CORNER, VA, Aug. 23, 2016 ” Jason Kimrey, federal area director at Intel (Nasdaq: INTC), has said the company seeks to actively engage with federal customers in the high-performance computing and cybersecurity technology areas, ExecutiveBiz reported Thursday. “It is going to take targeted partnerships and collaboration with g...
