Teresa Covington, who held the interim chief financial officer role between Feb. 5, 2015 and July 7, 2015 at AeroVironment (Nasdaq: AVAV), has been appointed CFO on a full-time basis at the unmanned aircraft systems manufacturer. AeroVironment said Tuesday Covington will succeed Raymond Cook, who will resign as senior ...
Executive Mosaic’s GovCon Index traded higher on contributions from large defense prime contractors as U.S stocks pared back some gains from earlier in the session after the terror attack in a Berlin Christmas market and the assassination of Russia’s ambassador to Turkey. GovCon Index gainers outnumbered decliners by a 3-to-1 r...
TYSONS CORNER, VA, Dec. 19, 2016 ” Lockheed Martin (NYSE: LMT) and Collinear Networks have entered into a partnership in efforts to commercialize wireless transmission technology over a period of more than two years, ExecutiveBiz reported Friday. Collinear has worked to develop a Lockheed-built hybrid point-to-point wireless transmiss...
ManTech International (Nasdaq: MANT) has purchased Owings Mills, Md.-based health information technology services contractor Edaptive Systems for an undisclosed sum to add new agile software development and business intelligence offerings in the federal healthcare market. ManTech said Monday it expects the deal to help increase earnings in 2017...
Anne Altman, former general manager of U.S. federal and government industries at IBM (NYSE: IBM), and Google (Nasdaq: GOOGL) Product Management Vice President Gayathri Rajan have been appointed to the board of directors at government services contractor Maximus (NYSE: MMS). Reston, Va.-based Maximus said Monday Alt...
Bechtel has received a potential $3.1 billion contract modification from the Energy Department to complete the initial phase of a nuclear waste treatment facility at Hanford site in Washington. Bechtel will get incentives for completion of commissioning work on the low activity waste facility by January 2022 and achievement of other technical milest...
Adam Wilson, CEO of San Francisco-based software firm Trifacta, has said federal agencies should adopt data wrangling platforms and techniques in order to expedite analysis of big data workloads. Wilson wrote that such tools are designed to help agencies deal with a range of complex information and allow analysts to work directly with the avail...
General Dynamics‘ (NYSE: GD) land systems business has secured an $82.4 million contract to convert the U.S. Army‘s M1A2 Abrams main battle tanks to the M1A2S configuration. The Defense Department said Friday contract work will occur in Lima, Ohio and in Sterling Heights, Michigan through March 29, 2019. The Army Contracti...
Executive Mosaic’s GovCon Index swung to negative territory in a volatile afternoon session for U.S. stocks Friday as equities retreated from morning gains after reports surfaced that China’s navy seized a U.S. unmanned underwater drone in the South China Sea. The GovCon Index’s streak of five consecutive weekly gain...
Raytheon (NYSE: RTN) has secured a potential five-year, $459 million indefinite-delivery/indefinite-quantity contract to begin full-rate production of cryptographic units designed to help the U.S. Air Force secure voice and data communications. The Defense Department said Thursday the company will build the devices in Indian...
