The State Department has approved Sweden™s request to buy Patriot missile systems and related services from the U.S. government under a potential $3.2 billion foreign military sales agreement. Raytheon (NYSE: RTN) and Lockheed Martin (NYSE: LMT) will serve as prime contractors in the proposed FMS deal that covers the pr...
The State Department has approved a potential $259 million foreign military sales transaction for Kuwait to procure four King Air 350ER aircraft and related equipment from the U.S. government. Sierra Nevada will serve as principal contractor in the proposed deal that also covers PT6A-67A engines, AN/AAQ-35 Wescam MX-15HDi electro-optical/infrar...
Michael Smith, formerly executive vice president for strategy and development at Huntington Ingalls Industries (NYSE: HII), has been named president of HII™s SN3 business. He will directly report to Michael Lempke, president of the company™s nuclear and environmental group, HII said Wednesday. HII™s strategy and develop...
The State Department has approved a potential $100 million foreign military sale of Kvichak-built fast patrol boats to Kuwait. Washington-based Kvichak is a subsidiary of Vigor Industrial and will serve as the prime contractor under the 15-boat FMS deal, the Defense Security Cooperation Agency said Tuesday. Kuwait also ordered 30...
The State Department has approved the Dutch government™s request to procure from the U.S. government equipment and services to support upgrades to AH-64D Block II Apache attack helicopters under a potential $1.2 billion foreign military sales agreement. Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) will serve as principal con...
TYSONS CORNER, VA, Feb. 20, 2018 ” Boeing‘s (NYSE: BA) investment arm and partner WestRiver Group have led the Series B funding round for digital educational program provider Singularity University, ExecutiveBiz reported Friday. The company said Thursday its HorizonX Ventures unit’s investment aims to facilitate custo...
General Dynamics˜ (NYSE: GD) Electric Boat subsidiary has secured a potential $137.9 million contract to support a U.S. Navy research and development program aimed at formulating submarine concepts. Electric Boat will provide engineering and technical design services to the Navy and a foreign military sales customer under the cost-plu...
Weekly Roundup February 12 – February 16, 2018 Click here to see Real-Time GovCon Sector Quotes The Current Top 5 GovCon Executives of Consequence Jim Garrettson, Executive Mosaic CEO We™re three weeks into the 5th annual Wash100 season and the voting turn out has been fantastic! The popular vote will be...
Pamela Drew, formerly executive vice president and president of information systems business at Harris™ (NYSE: HRS) Exelis subsidiary, has joined the board of directors of Serco™s North American arm. Serco Inc. Chairman and CEO Dave Dacquino said in a statement released Thursday Drew™s track record in new business pursuit an...
Mark Hughes, a retired U.S. Air Force colonel, has been appointed chief financial officer at Advanced Concepts and Technologies International. He will oversee the Arlington, Virginia-based government acquisition support services provider’s programs, budgeting and strategic planning efforts as well as assess merger and acquisition opportun...
