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A business unit of Elbit Systems (Nasdaq: ESLT) has won a potential five-year, $103 million contract to manufacture 60mm, 81mm and 120mm mortar weapon systems for the U.S. Army. The Defense Department said Wednesday Elbit Systems unit EFW will perform work under the firm-fixed-price contract through Sept. 13, 2021. The Army ...

Gentex has received an $82.5 million contract from the U.S. Army to supply aircrew masks, life support system and flight equipment for the Joint Strike Fighter program. The company will build Joint Service Aircrew Mask systems for the military branch in an effort to protect fighter pilots against chemical and biological threats when t...

Accenture™s federal services business has hired Gus Hunt, formerly chief architect for hedge fund company Bridgewater Associates, to lead the company™s federal cybersecurity practice. Hunt, who has also served as chief technology officer of CIA, will be in charge of Accenture’s portfolio of cyber hunting, incident resp...

Santa Clara, California-based computing chip maker Intel (Nasdaq: INTC) will spin off the company’s security business into a new joint venture with investment firm TPG through an estimated $4.2 billion multi-step transaction. Intel said Wednesday it will own 49 percent of the JV to be called “McAfeeR...

TYSONS CORNER, VA, Sept. 7, 2016 ”  BAE Systems will form a team with Raytheon (NYSE: RTN),  Daronmont Technologies and RCR Resolve FM to compete for a potential $765 million contract to modernize the radar network that supports the Australian army’s aerial and maritime surveillance efforts, ExecutiveBiz said Tues...

TYSONS CORNER, VA, Sept. 7, 2016 ” Battelle has received a $55 million contract from the Environmental Protection Agency to develop and test technologies and processes that work to prevent pollution and help restore ecosystems, ExecutiveBiz reported Tuesday. The nonprofit company said Aug. 31 the follow-on contract covers te...

Seventeen companies have won positions on a potential five-year, $248.8 million contract to support the U.S. Army‘s program executive office for intelligence electronic warfare and sensors. Contractors will vie for task orders to provide acquisition, operations, program, business and technical services to PEO IEW&S, the Defe...