Charles Cleveland, former commanding general of the U.S. Army‘s Special Operations Command, has joined Roboteam‘s board of directors. The retired Army lieutenant general will advise Roboteam leadership on efforts to develop unmanned ground vehicles that will support warfighter missions, the company said Tuesday. “Cle...
General Dynamics‘ (NYSE: GD) Canada-based land systems subsidiary has secured a $309.8 million contract modification to update the country’s light armored vehicle fleet. General Dynamics said Monday the contract will cover work to boost the performance and survivability of Canada’s 141 Light Armored Vehicle III fleet as well a...
Gary Rosholt, a retired U.S. Navy rear admiral and former U.S. Special Operations Command Central deputy commanding general, has joined L3 Technologies (NYSE: LLL) as vice president for Middle East operations. He will be oversee L3’s business across Saudi Arabia, the United Arab Emirates and other locations in the Middle East an...
TYSONS CORNER, VA, Jan. 31, 2017 ” A subsidiary of General Dynamics (NYSE: GD) will produce additional Piranha 3 wheeled armored vehicles for Romania in support of the country’s fleet modernization program, ExecutiveBiz reported Monday. The company said Friday this is the fifth batch of vehicles that its European Land Syste...
Executive Mosaic’s GovCon Index closed higher Thursday as gains by large defense platform and product makers helped offset declines by a majority of the GCI’s 30 stocks with mid-tier prime contractors and government services providers in red. U.S. stocks traded lower by comparison with real estate the largest drag on equities&n...
TYSONS CORNER, VA, Jan. 5, 2017 ” The U.S Air Force has awarded a $9.8 million cost-plus-fixed-fee-contract to Sotera Defense Solutions to develop a predictive analysis software prototype, ExecutiveBiz reported Wednesday. The company will serve as the architect and integrator of the software prototype and provide systems that support&...
Executive Mosaic’s GovCon Index moved higher Thursday on broad gains among defense primes and services contractors as U.S. stocks closed slightly lower in a mostly quiet penultimate trading session for 2016. Investors continued their post-election focus on defense and other GovCon stocks, while the S&P 500 composite index turned ...
Lockheed Martin (NYSE: LMT) CEO Marillyn Hewson has said she assured President-elect Donald Trump that the company will work to reduce the cost of the F-35 fighter aircraft, CNN reported Friday. Danielle Wiener-Bronner writes Hewson made the remarks in a Twitter post Friday a day after Trump asked Boeing (NYSE: BA) to quote a competin...
TYSONS CORNER, VA, Dec. 8, 2016 ” The U.S. Air Force‘s Space and Missile Systems Center has approved the launch of the third Lockheed Martin-built (NYSE: LMT) Space Based Infrared System missile-warning satellite, Executive Gov reported Wednesday. Space News reported Tuesday the military service also cleared an update for t...
TYSONS CORNER, VA, Nov. 30, 2016 ” General Atomics has performed the maiden test flight of the Certifiable Predator-B remotely piloted aircraft at the company’s Gray Butte Flight Operations Facility in California, ExecutiveBiz reported Tuesday. “The first flight of our Certifiable Predator-B aircraft is a major m...
