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Global investment firm Kohlberg Kravis Roberts & Co. (NYSE: KKR) has concluded its approximately $1.2 billion purchase of the defense electronics business of Airbus Group. France-based Airbus first announced the transaction in March 2016 as part of the company’s defense and space portfolio reorganization. Airbus said Tu...

David Mihelcic, former chief technology officer of the Defense Information Systems Agency, has joined Juniper Networks (NYSE: JNPR) to support future technology roadmap and product development efforts at the company’s federal division. Juniper Networks said Tuesday the 30-year public sector veteran will also provide co...

Robert Miller III, a former capture manager at KEYW Corp. (Nasdaq: KEYW), has been named director of business development for the security and intelligence division at Parsons‘ federal group. Parsons said Monday that Miller brings more than 16 years of capture and program management, signals intelligence, software deve...

Executive Mosaic’s GovCon Index closed at an all-time record high Monday with large aerospace-and-defense primes the main contributors to gains after President Donald Trump unveiled his proposal to raise military spending 9 percent for the next federal fiscal year. U.S. stocks also posted small gains as the benchmark S&P 500 composite...

TYSONS CORNER, VA, Feb. 27, 2017 ” Science Applications International Corp. (NYSE: SAIC) has unveiled a prototype amphibious combat vehicle it developed for the U.S. Marine Corps based on ST Kinetics‘ TERREX, ExecutiveBiz reported Wednesday. The company said Tuesday ACV 1.1 will work to transport combat units from ship to shore ...

Thom Mason, director of the Energy Department‘s Oak Ridge National Laboratory, will step down from his position by July 1 after 10 years on the job to become senior vice president for laboratory operations at nonprofit research and development company Battelle. He will help govern each Battelle-managed laboratory, enga...