Reston, Virginia-based contractor Leidos Holdings (NYSE: LDOS) has agreed to a merger with the government information technology and services businesses of Lockheed Martin (NYSE: LMT) under a $5 billion, tax-free Reverse Morris Trust transaction to create the government services industry’s largest publicly-traded contractor by revenu...
Lockheed Martin (NYSE: LMT) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported fourth quarter earnings per share of $3.01 and $11.46 for its fiscal year 2015 to exceed the consensus estimates of Wall Street analysts for both figures by 7 cents and 8 cents respectively. Fourth quarter earnings topped...
TYSONS CORNER, VA, January 25, 2016 ” Ensco aims to provide project delivery services to the Australian rail transport industry through its newly opened branch office in Perth, ExecutiveBiz reported Friday. The company said Wednesday the expansion is an effort to meet demand in Australia’s railway industry for automated track in...
TYSONS CORNER, VA, January 25, 2016 ” Honeywell™s (NYSE: HON) JetWave hardware will provide Internet connectivity aboard the Boeing (NYSE: BA) 757 aircraft through Inmarsat™s Global Xpress broadband satellite network after receiving the Federal Aviation Administration™s approval, ExecutiveBiz reporte...
TYSONS CORNER, VA, January 25, 2016 ” ICF International (Nasdaq: ICFI) will provide event management services to the European Commission under a $15 million contract to support regional and urban policy programs in the European Union, ExecutiveBiz reported Friday. The company said Friday its ICF Mostra division in Brussels will organize ev...
TYSONS CORNER, VA, January 25, 2016 ” Amazon Web Services (Nasdaq: AMZN) has offered tools that work to support analysis of Next Generation Weather Radar data on the Amazon Simple Storage Service cloud platform, ExecutiveBiz reported Friday. The company said Jan. 6 WeatherPipe and the Amazon Simple Notification Service aim t...
TYSONS CORNER, VA, January 25, 2016 ” Raytheon (NYSE: RTN) has received recognition from NASA‘s Johnson Space Center as its large business prime contractor of the year for the company’s work with small businesses on JSC programs, GovCon Executive reported Friday. Raytheon said Friday it currently provides support for the Neutra...
TYSONS CORNER, VA, January 22, 2016 ” Leidos (NYSE: LDOS) was a sponsor of the Washington Wizards’ Military Night game versus the Miami Heat Wednesday as part of the Defending the Rim program, GovCon Executive reported Thursday. The company said Tuesday it donated 300 tickets to the United Service Organizations for the game...
TYSONS CORNER, VA, January 22, 2016 ” Orbital ATK (NYSE: OA) will build alternative warheads for the U.S. Army™s Guided Multiple Launch Rocket System under a $14 million contract from Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Thursday. Orbital ATK said Wednesday the warheads have passed the requirements of GMLRS based on...
TYSONS CORNER, VA, January 22, 2016 ” Inmarsat has inaugurated a new facility in Toa Payoh, Singapore, in an effort to adapt to the increased demand for mobile satellite communication services in the Asia-Pacific region, ExecutiveBiz reported Thursday. The company said Wednesday the office includes a solutions laboratory, demonstration and trai...
