TYSONS CORNER, VA, Aug. 17, 2016 ” Lockheed Martin‘s (NYSE: LMT) PAC-3 Missile Segment Enhancement interceptor system has reached initial operational capability status following a review by the U.S. Army, ExecutiveBiz reported Tuesday. The company said Tuesday it previously achieved Milestone C approval for P...
TYSONS CORNER, VA, Aug. 17, 2016 ” General Atomics has conducted a ballistic missile tracking test using a Predator B/MQ-9 Reaper remotely piloted aircraft equipped with Raytheon‘s (NYSE: RTN) Multi-spectral Targeting Systems-B electro-optical infrared turret system, ExecutiveBiz reported Tuesday. The test was held dur...
Roger Krone, chairman and CEO of Leidos (NYSE: LDOS), told CNBC in an interview aired Tuesday that he thinks that all U.S. presidents tend to act the same way when it comes to the country™s defense and security of its citizens. Krone made the comment in response to a question on the potential impacts of the change...
Executive Mosaic’s GovCon Index dropped at least one full net point Tuesday for the first time since June 24 on a sharp drop in Lockheed Martin (NYSE: LMT) shares upon the defense contractor’s completion of the spinoff and subsequent merger of its government and technical services business into Leidos Holdin...
TYSONS CORNER, VA, Aug. 16, 2016 ” The Department of Homeland Security has awarded a DynCorp International subsidiary a potential $700, 000 contract to provide training on elicitation and detecting deception to the Immigration and Customs Enforcement agency’s investigative arm, ExecutiveBiz reported Monday. Phoenix Consulti...
TYSONS CORNER, VA, Aug. 16, 2016 ” Defense Department acquisition chief Frank Kendall has granted Milestone C approval to Boeing‘s (NYSE: BA) KC-46A Pegasus refueling tanker aircraft developed for the U.S. Air Force, ExecutiveBiz reported Monday. Boeing is due to receive two contracts worth a combined $2.8 billion...
TYSONS CORNER, VA, Aug. 16, 2016 ” Oracle (NYSE: ORCL) will build a high school specializing in design and engineering fields at its headquarters in California in efforts to develop the future workforce, GovCon Executive reported Monday. ABC7 News reported Friday that the planned Design Tech High School is scheduled to open in Septemb...
TYSONS CORNER, VA, Aug. 16, 2016 ” Orbital ATK (NYSE: OA) continues to work with NASA to analyze data from a second qualification test on the company-built booster engine for the Space Launch System, ExecutiveBiz reported Monday. The space agency said Friday initial test results indicate that the booster functioned...
TYSONS CORNER, VA, Aug. 16, 2016 ” BAE Systems has unveiled a cybersecurity and threat intelligence hub in Malaysia in support of cyber awareness and cyber technology adoption efforts in the country, ExecutiveBiz reported Monday. The company said Thursday the Malaysian Nerve Center in Kuala Lumpur will work alongside BAE’s&...
Executive Mosaic’s GovCon Index closed at another all-time high Monday with 28 out of 30 companies including all 11 S&P 500-listed stocks in green and middle- to large-tier defense contractors as the session’s top advancers. L-3 Communications (NYSE: LLL) led all net gainers after the military technology maker was sele...
