General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has received a potential $432 million contract modification to support the U.S. Navy‘s development research and design work on Virginia-class submarines in fiscal 2018. The Defense Department said Tuesday Electric Boat will help the Navy maintain and update design of Vi...
TTM Technologies (Nasdaq: TTMI) has agreed to buy East Syracuse, New York-based microwave microelectronics provider Anaren from private equity firm Veritas Capital for approximately $775 million cash. TTM said Sunday the deal will help expand its products portfolio through the addition of Anaren’s radio frequency subsystems and components for...
Paul Eremenko, formerly chief technology officer at Airbus, will join United Technologies Corp. (NYSE: UTX) to serve as a senior vice president and CTO starting Jan. 1. He will succeed the retiring J. Michael McQuade and directly report to Greg Hayes, UTC chairman and CEO, the company said Thursday. Eremenko will oversee the Farmington, Connect...
The U.S. Navy has awarded Lockheed Martin (NYSE: LMT) a $101.9 million modification to exercise options under a previously awarded contract for the procurement of acoustic detection sonar technology. Lockheed’s rotary and mission systems business will provide technical Acoustic Rapid Commercial Off-the-Shelf Insertion systems al...
TYSONS CORNER, VA, Nov. 30, 2017 ” Accenture (NYSE: ACN) has entered into a strategic alliance and placed an investment with quantum computing software developer 1QBit in the former’s effort to advance quantum-based analytics technology, ExecutiveBiz reported Wednesday. The company said Tuesday the expanded partnership aims...
The U.S. Army has issued a request for proposals for a combat vehicle program designed to address the capability gap in the service™s infantry brigade combat teams and operate alongside ground mobility and light reconnaissance vehicles within the IBCT structure. A FedBizOpps notice published Nov. 21 says the Mobile Protected Firepower program s...
TYSONS CORNER, VA, Nov. 17, 2017 ” CSRA (NYSE: CSRA) will support updates to the H-60 Seahawk multi-mission helicopter under a $38.5 million task order from U.S. Navy via the Rapid Response – Third Generation contract vehicle, ExecutiveBiz reported Thursday. The company said Wednesday the task order covers&nb...
Lockheed Martin (NYSE:LMT) has received a $92.9 million modification from the U.S. Navy to provide engineering and interim logistics services for the Mobile User Objective System. The company will also supply spares and associated material in support of the MUOS military satellite communications system, the Defense Depa...
Michael Taxay and Jeremy Haas, respectively former FBI and CIA officials focused on cybersecurity, have joined the executive leadership team at LookingGlass Cyber Solutions. LookingGlass said Tuesday it named Taxay as chief risk officer and general counsel and appointed Haas as chief security officer. Taxay will be responsible fo...
General Atomics has purchased the majority of Surrey Satellite Technology US™ assets for an undisclosed sum in a strategy to advance the development of small satellites and other payloads. General Atomics said Monday it will incorporate Surrey-US™ employees and assets into its electromagnetic systems business in support of growth objective...
