TYSONS CORNER, VA, January 28, 2016 ” ASRC Federal and Boeing (NYSE: BA) will perform research on new rocket engine technologies under separate contracts awarded by the U.S. Air Force, ExecutiveBiz reported Wednesday. Space News reported Tuesday the service branch gave a $6.1 million contract to Boeing and a $3.6 million contract to ASRC ...
TYSONS CORNER, VA, January 28, 2016 ” AECOM (NYSE: ACM) will design and build the test track for Hyperloop prototypes developed as part of a SpaceX-hosted student competition on the development of the concept transport system, ExecutiveBiz reported Wednesday. AECOM said Tuesday it will begin work to construct the Hyperloop test track ...
Northrop Grumman (NYSE: NOC) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported a 3.86-percent decline in profit for its 2015 fiscal year compared to 2014 on lower sales in space and restricted programs and a modest increase in pension costs. Net earnings for 2015 came in at $1.99 billion...
Raytheon (NYSE: RTN) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported earnings of $7.12 per share for its full 2015 fiscal year and $1.93 for the fourth quarter to exceed Wall Street’s expectations on both counts. The Waltham, Mass.-based defense technology contractor also posted $23.25 billion i...
L-3 Communications (NYSE: LLL) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported a net loss for the second consecutive quarter on a writedown in its government services segment the company is in the process of divesting. The New York City-based defense electronics manufacturer agreed in December to sell...
TYSONS CORNER, VA, January 27, 2016 ” Igate will now operate as Capgemini as part of its integration into the latter’s global production network and financial services business, ExecutiveBiz reported Tuesday. “It is an acknowledgement that the brand transition phase is complete and that we are now going to market officially as ...
TYSONS CORNER, VA, January 27, 2016 ” The shipbuilding division of Huntington Ingalls Industries (NYSE: HII) has awarded $100, 000 in grants to schools in Alabama and Mississippi to fund 25 projects in science, technology, math and engineering, GovCon Executive reported Tuesday. The company said Monday its STEM program is in its eight...
TYSONS CORNER, VA, January 27, 2016 ” Ed Sheehan Jr., president and CEO of Concurrent Technologies Corp., has received recognition from the Pennsylvania Business Central for his contributions to the state’s business sector, GovCon Executive reported Tuesday. The publication said Friday Sheehan joins a list of other honorees chos...
TYSONS CORNER, VA, January 27, 2016 ” Northrop Grumman (NYSE: NOC) will supply five Global Hawk ground surveillance drones and associated components to NATO by the end of the year, ExecutiveBiz reported Tuesday. Defense News reported Monday that the company will deliver the aircraft to the Sigonella Air Base in Italy, where NATO has begun ...
TYSONS CORNER, VA, January 27, 2016 ” Parsons has received a contract from the U.S. Army to provide cybersecurity services as part of the Deployable Defensive Cyberspace Operations Infrastructure program, ExecutiveBiz reported Tuesday. The company said Monday it will perform contract work for the Office of the Assistant Secretary of t...
