Over the past decade, the U.S. Army has spent over $20 billion each year to develop and acquire weapon systems, but it canceled many of those due to the realization that requirements would not be met — and a government watchdog report indicates this problem is likely to continue if the Army does not address its...
Defense contractors will soon be held to the same cybersecurity standards that the Defense Department has implemented in recent years, according to a top IT official at the Pentagon. œThe cyberthreat is not going away; we have to defend our networks and systems, and you™re part of that defense, acting DOD CIO John Zangardi said...
Weekly Roundup June 19 – June 23 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Although the phrase œSpace Race brings to mind the Cold War-era struggle between the United States and Soviet Union for supremacy in spaceflight capabilities, it may begin to develop ...
TYSONS CORNER, VA, June 23, 2017 ” Wayne Rehberger, chief financial officer of Engility (NYSE: EGL), has received recognition from the Virginia Business magazine for his work in financial stewardship, GovCon Executive reported Tuesday. The company said Monday Rehberger was presented the 2017 Virginia CFO Award in the category for...
TYSONS CORNER, VA, June 23, 2017 ” Comprehensive Health Services has received the International Stability Operations Association™s Tier 3 ISOA Vanguard Award during a ceremony held June 1 at the National Press Club in Washington, GovCon Executive reported Tuesday. Doug Magee, senior vice president of business devel...
TYSONS CORNER, VA, June 23, 2017 ” Raytheon (NYSE: RTN) has partnered with Kongsberg to offer a precision missile system to the U.S. Navy under the service branch’s solicitation for an over-the-horizon capability for littoral combat ships and frigates, ExecutiveBiz reported Thursday. Raytheon said Wednesday it will pro...
Lockheed Martin (NYSE: LMT) has won a potential $1.17 billion contract from the U.S. Navy to engineer sonar technology under the Technical Insertion 18-20 Acoustic Rapid Commercial-Off-The-Shelf Insertion program. The Defense Department said Thursday the contract with an initial value of $130.8 million covers engineering development suppor...
TYSONS CORNER, VA, June 22, 2017 ” Timothy Murphy, president of Thomson Reuters Special Services, has highlighted the role of chief information officers and chief financial officers in influencing cybersecurity measures at organizations, ExecutiveBiz reported Monday. Law.com reported Friday that Murphy told attendees at Thomson R...
TYSONS CORNER, VA, June 21, 2017 ” Deloitte has said in a new report that revenue in the global aerospace and defense sector grew 2.4 percent to reach $674.4 billion in 2016 led by the European commercial and U.S. defense subsectors, ExecutiveBiz reported Friday. The company said Thursday revenue for the global defense subse...
TYSONS CORNER, VA, June 21, 2017 ” AT&T (NYSE: T) has collaborated with the First Responder Network Authority to issue state plans for the eventual adoption of the FirstNet national public safety broadband network for first responders, ExecutiveBiz reported Tuesday. The company said Tuesday officials at U.S. states and territ...
