TYSONS CORNER, VA, Aug. 2, 2016 ” A subsidiary of Vencore will provide software that works to locate and characterize cyber weapons that attack the U.S. power grid under a $9 million contract from the U.S. Air Force, ExecutiveBiz reported Monday. The Defense Department said Friday Vencore Labs will perform research and devel...
Harris Corp.’s (NYSE: HRS) guidance for its 2017 fiscal year started July 4 came in below Wall Street’s consensus forecast before markets opened Tuesday as the communications technology contractor anticipates pressure in its tactical and maritime energy businesses to continue. Melbourne, Florida-based military radio maker Harris cit...
Leidos Holdings‘ (NYSE: LDOS) impending merger with the information systems and global solutions segment of Lockheed Martin (NYSE: LMT) seeks to both diversify customer mix and lower risk to potential spending downturns in fewer market areas for the future combined company, Leidos CEO Roger Krone told investors at the New ...
Engility Holdings (NYSE: EGL) could make small “niche” acquisitions with support from the board of directors as the government services contractor looks to expand its current work and market footprints this year,  chief executive Lynn Dugle told investors Monday. “My full attention is on organic growth getting the team ...
Engility Holdings (NYSE: EGL) lifted its full-year earnings outlook Monday in part on higher total contract bookings and bill-to-book ratio for the second quarter as the company continues on efforts to prioritize debt repayments. Chantilly, Virginia-based government services contractor Engility said it expects earnings of $1...
Emergency Communications Network has purchased San Diego-based notification systems and response software provider MIR3 for an undisclosed sum in an effort to address customer demand for software communications platforms. David DiGiacomo, president and CEO of ECN, said in a statement released Monday the purchase will help ECN expand its footprint in...
A Herndon Aerospace & Defense subsidiary has won a potential $108 million contract from the Defense Logistics Agency to provide industrial hardware for the U.S. Army‘s aircraft maintenance efforts. The contract contains four base years and two three-year options and was competitively procured with fi...
Executive Mosaic’s GovCon Index remained stuck in neutral range for a second consecutive session Friday as investors continued to gauge second quarter earnings reports from government contractors with additional statements due next week. The GovCon Index nudged down 0.065 points to 82.248, which puts the GCI at respective gains ...
Executive Mosaic’s GovCon Index struggled for clear direction Thursday strong gains by Raytheon (NYSE: RTN) and L-3 Communications (NYSE: LLL) on second quarter earnings reports were offset by large plunges from McKesson Corp. (NYSE: MCK) and Boeing (NYSE: BA). The GovCon Index recorded a decline of 0.061 points to 82.313 with s...
TYSONS CORNER, VA, July 28, 2016 ” Hughes Network Systems has teamed with Klas Telecom, GetSAT and NexTech Solutions to develop and demonstrate a mobile satellite communications technology that supports voice, data and video, ExecutiveBiz reported Wednesday. Klas Telecom said Tuesday the communications-on-the-move platform h...
