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Robert Lightfoot, former acting administrator of NASA, has been appointed vice president of strategy and business development at Lockheed Martin™s (NYSE: LMT) space segment in a move that will take effect May 6. He will oversee new business strategy, technology concepts and strategic planning activities for the space business area, which covers...
The U.S. Navy has awarded Huntington Ingalls Industries (NYSE: HII) a potential $1.47B contract to build the first landing platform dock under the LPD-17 Flight II program. HII said Tuesday its Ingalls Shipbuilding division will perform detail design and construction of LPD 30, which will serve as the 14th vessel of the Navy’s San Antonio...
TYSONS CORNER, VA, March 11, 2019 ” Huntington Ingalls Industries (NYSE: HII) appointed shipbuilding industry veteran Carlos Aguayo earlier this month to serve as general manager of its San Diego shipyard, ExecutiveBiz reported Tuesday. Aguayo, who succeeded the recently retired Daniel Flood, is now in charge of strategy development, quality, p...
Huntington Ingalls Industries (NYSE: HII) has won a potential $154.2M contract from the U.S. Navy to perform modernization, repair and maintenance work on USS Rushmore. HII’s San Diego Shipyard business will implement fiscal 2019 drydock selected restricted availability of the Whidbey Island-class dock landing ship, the Department of...
Executive Mosaic has named a basket of 30 publicly traded GovCon firms that will make up this year™s GovConIndex. The index, scheduled to relaunch on March 4th, is an amalgam of GovCon stocks representing a cross-industry analysis of the overall performance of the GovCon sector. Stock prices are listed in approximately real-time. The basket wil...
Three companies have won positions on a potential five-year, $40M contract to design and engineer various marine platforms for the U.S. Navy. The Puget Sound Naval Shipyard and Intermediate Maintenance Facility received five offers for the multiple-award indefinite-delivery/indefinite-quantity, firm-fixed-price contract via a competitive a...
Huntington Ingalls Industries (NYSE: HII) has agreed to acquire Fulcrum IT Services for an undisclosed sum in a move to grow predictive threat analytics and situational awareness offerings for the government sector. The deal is expected to be completed in February and would add cybersecurity, software development, big data, special op...
Joseph Tofalo, a retired U.S. Navy vice admiral, has been appointed vice president of program integration and assessment at Huntington Ingalls Industries (NYSE: HII). HII said Monday Tofalo succeeds Jay Donnelly, who will transition to a new role as corporate VP of advanced technologies, and will work with government, academ...
Huntington Ingalls Industries‘ (NYSE: HII) Newport News Shipbuilding division has received a $228.8M contract modification to obtain additional materials necessary to build a third Gerald R. Ford-class aircraft carrier for the U.S. Navy. The modification expands the scope of a previously awarded contract for USS Enterprise (CVN ...
General Dynamics‘ (NYSE: GD) Bath Iron Works subsidiary has received a potential $922M contract modification to build a fifth Arleigh Burke-class destroyer for the U.S. Navy. The modification has a $910.7M initial value and includes options for the shipbuilder to carry out design budgeting requirements, engineering change propos...
