TYSONS CORNER, VA, March 22, 2016 ” Rick Ambrose, executive vice president of space systems at Lockheed Martin (NYSE: LMT), has indicated that work on the first GPS III satellite for the U.S. Air Force is scheduled to complete by August, ExecutiveBiz reported March 10. SpaceNews reported March 9 that Ambrose said in an interview ...
TYSONS CORNER, VA, March 22, 2016 ” Mike Tanner, president and CEO of Hitachi Data Systems Federal, believes the proper utilization of big data generated from Internet of Things devices can bring about “societal changes” and improve lives, ExecutiveBiz reported March 11. “Those devices… they’re all g...
New York City-based private equity firm Kohlberg Kravis Roberts & Co. L.P. (NYSE: KKR) has agreed to acquire the defense electronics business of global aerospace and defense contractor Airbus Group for approximately $1.24 billion. Airbus said Friday the transaction is scheduled to close in the first quarter of 2017 and t...
Joseph Battaglia, president of military communications and sensor systems maker Telephonics, plans to retire on Sept. 30 after 21 years of leadership at the surveillance and communication systems provider. Telephonics’ parent company Griffon (NYSE: GFF) said Tuesday that Kevin McSweeney, executive vice president a...
Boeing (NYSE:BA) has landed a $184.9 million contract from the U.S. Army for the full-rate production of Lot 7 AH-64 Apache helicopters. The Army Contracting Command awarded the contract through a solicitation with one bid received, the Defense Department said Monday. The full obligated amount is from fiscal 2016 “othe...
TYSONS CORNER, VA, March 21, 2016 ” Iridium Communications (Nasdaq: IRDM) CEO Matt Desch has urged the Federal Aviation Administration to make its decision on the transition to a new aircraft surveillance system by the end of 2016, ExecutiveBiz reported March 9. Reuters reported March 8 Desch said at the Satellite 2016 confe...
TYSONS CORNER, VA, March 21, 2016 ” Microsoft (Nasdaq: MSFT) has entered into a public-private partnership with Dominion Virginia Power and the government of Virginia to build a facility that will work to provide solar energy to the state, ExecutiveBiz reported Friday. Dominion Virginia Power said Wednesday the facility is expected to ...
TYSONS CORNER, VA, March 21, 2016 ” Johns Hopkins University Applied Physics Laboratory has built an unmanned aerial vehicle that can also operate underwater or launch from the sea, ExecutiveBiz reported Friday. The lab said Thursday it built a prototype of the Corrosion Resistant Aerial Covert Unmanned Nautical System ...
Ken Myers, former director of the Defense Threat Reduction Agency, has joined Arlington, Va.-based government logistics service contractor PAE as president of the company™s national security solutions business unit. PAE said Monday Myers will oversee the NSS unit that PAE created in 2015 from its January 2015 acquisition&nbs...
Gulfstream Aerospace has been awarded a $91.9 million contract to produce one G-550 Green aircraft with modifications for airborne early warning function for the U.S. Navy. The Defense Department said Friday Gulfstream will manufacture the aircraft in Savannah, Georgia, with a completion date of December 2018. The G550 cockpit features a t...
