L3 Technologies (NYSE: LLL) has purchased Colorado Springs, Colorado-based initial flight training company Doss Aviation for an undisclosed amount in a strategy to expand presence in the military pilot training market. New York City-based L3 said Thursday will integrate Doss Aviation into its electronic systems business segment and run the comp...
The Executive Mosaic GovCon Index (GCI) closed down 0.456 percent to 101.596. Advancing shares slightly lagged declining 12 to 17. The three major indices closed mixed on the day. The S&P500 closed down 0.11 percent to 2,495.62, while the DJIA set a new high gaining 0.20 percent to 22,203.48, and the NASDAQ Composite moved downward by ...
CACI International (NYSE: CACI) has won a potential three-year, $173 million task order from the U.S. Army to develop simulation and modeling tools for sensor and imaging systems. The company said Thursday it will support the Army’s Night Vision and Electronic Sensors Directorate under the task order that was awarded through the Rapi...
TYSONS CORNER, VA, Sept. 13, 2017 ” Concurrent Technologies Corp. President and CEO Ed Sheehan Jr. is a speaker at the Nuclear Energy Leadership Summit and Showcase in October and will discuss the company’s work at the Center for Advanced Nuclear Manufacturing in Pennsylvania, GovCon Executive reported Friday. The two-...
L3 Technologies (NYSE: LLL) has purchased Centreville, Virginia-based systems engineering firm Adaptive Methods for an undisclosed sum in a move to expand footprint in the undersea market. L3 said Tuesday it will incorporate Adaptive Methods into its sensor systems business segment to operate as L3 Adaptive Methods. Christopher Kubasik, L3...
The Executive Mosaic GovCon Index (GCI) closed up 0.478 percent to 102.351, reaching a second new 30 day high. Advancing outpaced declining shares 2 to 1. Investors responded positively to better than expected damage reports from Hurricane Irma. All three major indices reached new highs. The S&P500 closed up 0.34 percent to 2,496.48, w...
TYSONS CORNER, VA, Sept. 12, 2017 ” A Cubic (NYSE: CUB) business unit is set to showcase satellite communications and networking technology at the 2017 Defense and Security Equipment International event this week in London, GovCon Executive reported Friday. The company said Thursday its mission solutions unit will feature deploya...
Brent Hansen, senior director of solution architects at Thales e-Security, has said federal agencies seeking to build up their cybersecurity posture should prioritize the adoption of technology platforms that work to encrypt data at rest. Hansen wrote that encrypting data at rest could help agencies safeguard critical information from cyber breaches...
Weekly Roundup September 4 – September 8 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson As the summer comes to a close, let’s take a quick look at the public-to-private sector executive moves over the past few months. A number of high ranking public sector offici...
Ann Stefanek, spokeswoman for the U.S. Air Force, has said that L3 Technologies (NYSE: LLL) has selected the Gulfstream Aerospace-built Gulfstream 550 airborne early warning aircraft to replace the military branch’s current electronic attack platform, DoD Buzz reported Thursday. The Air Force contracted L3 to move electronic war...
