TYSONS CORNER, VA, May 20, 2016 ” Lockheed Martin (NYSE: LMT) has said NASA can use a manned spacecraft orbiting Mars as a platform to send humans to the planet by the 2030s as part of the company’s Mars Base Camp concept, ExecutiveBiz reported Thursday. Popular Science reported Wednesday that Lockheed is working to introdu...
TYSONS CORNER, VA, May 20, 2016 ” Frank Culbertson, president of Orbital ATK‘s (NYSE: OA) space systems group, has indicated that the company seeks to use the Cygnus spacecraft as the model for a manned habitat in cislunar space, ExecutiveBiz reported Thursday. The company said Wednesday Culbertson, who is also an...
TYSONS CORNER, VA, May 20, 2016 ” Raytheon (NYSE: RTN) and U.S. News & World Report released the findings of a joint study that points to a shortage in homegrown science, technology, engineering and math talent in the U.S., ExecutiveBiz reported Tuesday. The 2016 U.S. News/Raytheon STEM Index report indicates that while the n...
AE Industrial Partners has acquired AC&A, a manufacturer of composite and metallic parts and tooling for the aerospace, defense, space and automotive markets. The private investment firm said Thursday the deal follows AEI’s purchase of Belcan, an engineering project management and technical staffing company, and K...
Lockheed Martin (NYSE: LMT) will provide the U.S. Army various rocket pods for Israel, Finland, Jordan and Singapore under a $331.8 million foreign military sales contract. The Defense Department said Thursday Lockheed’s missile and fire control business will supply 290 Guided Multiple Launch Rocket System alternative ...
TYSONS CORNER, VA, May 19, 2016 ” Alan Bloodgood, a senior vice president at Siemens‘ U.S. federal government subsidiary, believes the federal sector will see an uptick in focus on renewable energy, distributed energy systems and energy security, ExecutiveBiz reported Tuesday. Bloodgood, who oversees energy and infrastructure busines...
The GovCon Index hovered in neutral territory during the final two hours of trade Wednesday and closed at a gain of 0.220 points to 77.591 despite its descent from a strong early afternoon session. The GCI hit volatility in conjunction with the S&P 500 composite index shortly after 2 p.m. upon the release of the Fed...
TYSONS CORNER, VA, May 18, 2016 ” Leidos (NYSE: LDOS) has demonstrated several geospatial intelligence technologies that work to support satellite data integration and analysis as part of its exhibit at the GEOINT 2016 Symposium, ExecutiveBiz reported Monday. The company said Friday Senior Vice President Robert Zitz, who is also chair...
3M subsidiary Ceradyne will provide 177, 000 body armor plates to the U.S. armed forces under a $92.7 million contract from the Defense Logistics Agency. The Minnesota-headquartered company said Wednesday the lightweight “enhanced” small arms protective inserts are embedded into tactical vests in efforts to prote...
The GovCon Index mirrored losses by U.S. stocks Tuesday with a decline of 0.669 point to 77.421 as investors weighed the prospects of more than one interest rate hike by the Federal Reserve this year. Dennis Lockhart and John Williams, respective Fed presidents for Atlanta and San Francisco, indicated the central bank could ...
