TYSONS CORNER, VA, March 2, 2016 ” BAE Systems will develop an electronic warfare tool that works to pinpoint radio-frequency sources under an $11 million contract with the Office of Naval Research, ExecutiveBiz reported Tuesday. The company said Monday the Full-Spectrum Staring Receiver will utilize ultra wideband sensors to fac...
TYSONS CORNER, VA, March 2, 2016 ” Fortinet (Nasdaq: FTNT) has partnered with NATO’s Communications and Information Agency to pursue information-sharing efforts to boost cybersecurity, ExecutiveBiz reported Tuesday. Derek Manky, a global security strategist at Fortinet, said in a company blog entry posted Monday that the current...
The GovCon Index started March with a surge of 1.09 percent to 72.922 in activity that reflected larger gains in U.S. markets spurred by a climb in oil prices and a new manufacturing report that exceeded economists’ expectations. The Index has held above 72 points for three consecutive closes and four of the last six...
TYSONS CORNER, VA, March 1, 2016 ” Dell will offer an advanced threat protection service that utilizes the VMRay Analyzer, Lastline Breach Detection and Dell SonicWALL Sonic Sandbox engines, ExecutiveBiz reported Monday. The company said Monday the Dell SonicWALL Capture ATP service works to deliver sandboxing to support th...
TYSONS CORNER, VA, March 1, 2016 ” The U.S. Air Force has unveiled the concept design of the future B-21 Long Range Strike Bomber aircraft that Northrop Grumman (NYSE: NOC) will build for the service branch, ExecutiveBiz reported Monday. The Air Force reported Friday Deborah Lee James, secretary of the Air Force, presented the design ...
Orbital ATK (NYSE: OA) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported a profit increase of 16.28 percent for the full 2015 calendar year compared to 2014 and a 15.33-percent hike for the fourth quarter. Full-year profit was stated as $289.9 million, or $5.02 per share, for 2015 wi...
Science Applications International Corp. (NYSE: SAIC), Booz Allen Hamilton (NYSE: BAH), G2 Software Systems and Kratos Defense & Security Solutions (Nasdaq: KTOS) have won separate contracts to provide technical support services for the U.S. Navy. Each of the three-year, multiple-award contracts contains two option years, the Defense D...
TYSONS CORNER, VA, February 29, 2016 ” CSRA (NYSE: CSRA) will offer its in-house managed cybersecurity services to the federal market, ExecutiveBiz reported Friday. The Washington Business Journal reported Thursday Randy James, an executive at CSRA, noted that the framework is based on acquired cyber tools from third-party vendors. About&n...
Textiles and materials processing company Albany International (NYSE: AIN) has agreed to purchase the aerostructures business of Harris Corp. (NYSE:HRS) for $210 million, which includes a $187 million cash portion and a $23 million lease. Harris said Monday both companies expect to close the acquisition sometime between March and the ...
The GovCon Index posted a nominal decline of 0.082 points to 72.487 Friday, which puts the GCI at a gain of 1.538 percent for the week as markets continue to try to shake off turbulence from commodity price declines and uncertain economic prospects. The Index has climbed 9.67 points percent since the start of February a...
