Boeing (NYSE: BA) has agreed to buy Aurora Flight Sciences for an undisclosed sum as part of efforts to accelerate the development of autonomous technology for aerospace vehicles. Chicago-based Boeing said Thursday it would integrate Aurora into the aerospace and defense contractor’s engineering, test and technology segment upon...
United Technologies Corp.’s (NYSE: UTX) Pratt & Whitney subsidiary has secured a potential five-year, $2.74 billion contract to help the U.S. Air Force sustain F117 engines. The Defense Department said Wednesday the sole-source contract includes foreign military sales to Australia, Canada, India, Kuwait, Qatar, Uni...
Al Whitmore, former senior vice president of the global solutions division at General Dynamics‘ (NYSE: GD) information technology business unit, has been named president of intelligence and security sector at BAE Systems‘ U.S. subsidiary in a move that takes effect Oct. 16. He will lead BAE Systems Inc.‘ I&S sector he...
The Executive Mosaic GovCon Index (GCI) continued its fourth consecutive day of gains, up 0.97 percent, setting another record mark of 108.723 with advancing shares slightly outpacing declining 18 to 12. The markets continued their positive direction, once again reaching new record highs. The S&P500 closed with its seven...
Celeste Gushee, formerly vice president of business development at Comprehensive Health Services, has been promoted to senior VP of business management at the Cape Canaveral, Florida-based medical services contractor CHS said Sunday she will report directly to President and CEO Gary Palmer and oversee financial analysis...
Arlington Capital Partners has purchased McLean, Virginia-based human intelligence platforms and services provider Xebec Global for an undisclosed sum in a push to expand offerings for clients in the intelligence community and national security sector. David Wodlinger, a partner at Arlington Capital, said in a statement released Monday the Washingto...
TYSONS CORNER, VA, Oct. 3, 2017 ” Thales has unveiled a new facility in Cambridge, England, that will work to facilitate collaboration with customers, partners and suppliers as part of the company’s efforts to support digital transformation, ExecutiveBiz reported Friday. Thales e-Security said Friday the One Station Square ...
The Executive Mosaic GovCon Index (GCI) continued its strong performance gaining 1.144 percent to set a new high of 108.47 with advancing shares outpacing declining 28 to 2. The markets started off the fourth quarter on a strong note with all three major indices reaching new record highs. The S&P500 was up 0.39 percent to 2,5...
Enlightenment Capital has invested in CyberCore Technologies in an effort to help the Elkridge, Maryland-based information communication technology platforms and services contractor execute its growth strategy to pursue new opportunities and broaden its capabilities. Tina Kuhn, CyberCore president and CEO, said in a statement published Wednesday the...
Weekly Roundup September 25 – September 29 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Summer has come to a close and the first executive moves of autumn have started to occur. A number of C-suite level executive moves have happened in the past three weeks and are...
