TYSONS CORNER, VA, Jan. 24, 2017 ” The U.S. Army has awarded a $33.1 million contract modification to L3 Technologies‘ (NYSE: LLL) combat propulsion systems business unit for transmission systems, related ancillary hardware and operational reliability services, ExecutiveBiz reported Monday. L3 will deliver 800-horsepower tr...
The State Department has named L3 Technologies‘ (NYSE: LLL) platform integration division as prime contractor on a potential $418 million foreign military sale of Air Tractor AT- 802L aircraft and services to Kenya. The Defense Security Cooperation Agency said Monday the proposed deal covers as many as 12 Air Tractor and tw...
Terry Crimmins, formerly vice president and deputy general manager of the electronic systems sector at BAE Systems˜ U.S. subsidiary, has been promoted to president of the sector. BAE said Monday Crimmins succeeds Tom Arseneault, who returned to his full-time post as chief operating officer of the subsidiary –&nbs...
TYSONS CORNER, VA., January 24, 2017 — The Potomac Officers Club — a division of Executive Mosaic — rounds out speakers for their 2017 Internet of Things – Emerging Technologies Forum. The Internet of Things (IoT)”a term used to describe the set of physical objects embedded with sensors or actuators and connected to a ne...
Executive Mosaic’s GovCon Index tumbled in conjunction with larger declines on Wall Street Monday as investors retreated from equities after President Donald Trump signed an executive order to withdraw from the 12-country Trans-Pacific Partnership trade agreement. GovCon Index decliners outnumbered gainers by a 4-to-1 ratio and two o...
TYSONS CORNER, VA, Jan. 23, 2017 ” L3 Technologies‘ (NYSE: LLL) fuzing and ordnance systems unit has secured a $32 million contract modification from the U.S. Army for M783 Point Detonating/Delay mortar fuzes, ExecutiveBiz reported Friday. The company said Thursday it will supply mortar fuzes to an international custom...
TYSONS CORNER, VA, Jan. 23, 2017 ” Concurrent Technologies Corp. has assembled a group of technical and business executives to help review the nonprofit applied scientific research and development firm’s technical initiatives, GovCon Executive said Friday. The technical advisory board will work to guide the company’s ...
Brian Stites, formerly chief architect and senior manager of defense and commercial cyber resiliency strategy at Raytheon (NYSE: RTN), has joined Charlottesville, Virginia-based cyber defense software firm Mission Secure Inc. as vice president of business development. Stites œbrings strong control system and cyber expertise and will be a f...
Executive Mosaic’s GovCon Index registered a 0.263-point gain to 88.954 Friday as gainers outnumbered decliners 17 to 13. McKesson Corp. (NYSE: MCK) was the top net performer in the GCI while Rockwell Collins (NYSE: COL) was the top percentage gainer. Pharmaceutical services provider McKesson also led among stocks co-listed in t...
Executive Mosaic’s GovCon Index held higher Friday to post a weekly advance on boosts from from blue chip stock McKesson Corp. (NYSE: MCK) and aerospace company Rockwell Collins (NYSE: COL) after a first quarter earnings. U.S. stocks sharply pared their gains after now President Donald Trump’s inaugural spee...
