Graham Corp., manufacturer of critical components for defense, space, energy and process industries, has secured a $136.5 million follow-on contract from the U.S. Navy to support the Virginia-class submarine program. Under the contract, Graham said its subsidiary Barber-Nichols will provide advanced engineering and manufacturing capabilities to the ...
Todd Borkey has been selected as chief technology officer at Peraton. The national security company said Tuesday Borkey will spearhead the development and implementation of its technology strategy, research and development portfolio. He will also oversee the formulation of strategic campaigns to generate new capabilities and market-a...
The U.S. Army has awarded 11 companies positions on a potential eight-year, $378.7 million contract to provide life cycle support for the military branch’s live training ranges and combat training centers. The Department of Defense said Tuesday Army Contracting Command launched an online solicitation and received 11 offers for the third iterat...
The U.S. Navy has awarded a General Dynamics subsidiary a $1 billion contract modification to provide long lead time materials to support the construction of Block VI Virginia-class nuclear-powered attack submarines. Scope of Contract Action The Department of Defense said Tuesday General Dynamics Electric Boat will perform work on the undefinitized ...
Andrew Howard, a 15-year industry veteran, shared on LinkedIn Thursday that he has been appointed vice president of corporate capabilities and solutions at Astrion. The executive will be responsible for developing an enterprise-wide strategy to drive the company’s growth in the federal sector. He will also oversee Astrion’s por...
Executive Mosaic’s GovCon Index finished +2.37% higher at $4,656.07 Friday to register a second straight winning week. The index, which tracks the stock performances of 30 major government contractors, posted a +3.3% week-on-week gain overall despite three broad market selloffs during the week. It also trimmed the year-to-date loss to -3.87% f...
Executive Mosaic’s GovCon Index started February on a losing note, ending lower Friday at $4,805.44 (-0.10%) following a fourth daily loss in five trading sessions. The week also saw breakouts of individual constituents and steep losses by defense stocks. The index, which tracks the stock performances of 30 major government contractors, lost -1.83...
Stacie Ohler was appointed vice president and P&L leader for smart infrastructure and energy resiliency at Siemens Government Technologies, the executive announced in a LinkedIn post published Thursday. According to Ohler’s profile on the platform, “This role supports Siemens’ mission to deliver innovative infrastructure modernizat...
Glenn Goodman, a seasoned executive with over two decades of experience, has been named vice president of business development – growth programs at Peraton. Goodman announced his appointment on LinkedIn Wednesday. The executive brings years of experience in business development to his new role, having held various leadership position...
Investment banking firm Evercore has issued its January report, highlighting the market performances of several U.S. defense and government services companies. The monthly update released by the firm’s aerospace, defense and government services team shows the enterprise and equity values, share performances and operating metrics of several U.S...
