William Stranges, former head of the F-35 Joint Program Office concurrency cost team, has joined Advanced Concepts and Technologies International as program manager for the company’s F-35 contract. ACT I said Stranges will lead its business financial management contract with the F-35 JPO under his new role. “Mr. Stranges h...
Technica has appointed Lisa Trombley, former director of U.S. Air Force information technology programs at Lockheed Martin (NYSE: LMT), as chief operating officer. She will oversee Technica’s government programs and talent development efforts in her new position, the company said Tuesday. Trombley held responsibility f...
TYSONS CORNER, VA, Feb. 28, 2017 ” Ed Sheehan, president and CEO of Concurrent Technologies Corp., has said he anticipates growth in federal defense spending for fiscal year 2018 under Donald Trump’s administration, ExecutiveBiz reported Monday. The Tribune-Democrat reported Sunday Sheehan noted potential advantages to local contract...
Executive Mosaic’s GovCon Index closed at an all-time record high Monday with large aerospace-and-defense primes the main contributors to gains after President Donald Trump unveiled his proposal to raise military spending 9 percent for the next federal fiscal year. U.S. stocks also posted small gains as the benchmark S&P 500 composite...
TYSONS CORNER, VA, Feb. 27, 2017 ” L3 Technologies (NYSE: LLL) will deliver 800-horsepower transmission systems for South Korea’s infantry fighting and light-recovery vehicles under a potential $17.3 million contract, ExecutiveBiz reported Friday. The company said Thursday its combat propulsion systems division will deliver the ...
Weekly Roundup February 21 – February 24 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson STG Group announced the next step in its journey as a publicly-traded government contractor this week with its first acquisition since the company started to offer its shares in th...
The U.S. Navy has selected four companies to supply a range of information communication technology equipment under low-, medium- and high-risk categories. The Defense Department said Thursday Cypher Analytics and CyberCore Technologies each won a potential $47.5 million contract and that both companies can vie for delivery order...
Executive Mosaic’s GovCon Index posted its biggest one-day decline in a month Thursday with services and industrial components the largest drags in a session that saw U.S. equities struggle for clear direction as investors looked for more clarity on President Donald Trump’s economic agenda. GovCon Index decliners outnumber...
Eight companies have received contracts worth a combined $17 million to help NASA advance small launch and space vehicle technologies under the second round of the agency’s Utilizing Public-Private Partnerships to Advance Tipping Point Technologies program. NASA said Thursday each contract contains a performa...
TYSONS CORNER, VA, Feb. 22, 2017 ” A Microsoft (Nasdaq: MSFT) subsidiary in India has entered into an agreement with the government of Jharkhand to deploy cloud, mobile and machine learning technologies in support of the Indian state’s digital transformation initiative, ExecutiveBiz reported Tuesday. The company said F...
