A new Deloitte study forecasts the global aerospace and defense industry’s overall revenue to grow 2 percent in 2017. Tom Captain, Deloitte global aerospace and defense leader, said Monday sales in the defense sub-sector could expand 3.2 percent this year after multi-year declines in revenue on growth in U.S. security...
Belcan, a portfolio company of private investment firm AE Industrial Partners, has purchased The Kemtah Group for an undisclosed amount in a strategy to expand the former™s government information technology services business. Belcan CEO Lance Kwasniewski said in a statement released Thursday the transaction comes five ...
Defense Secretary nominee James Mattis has agreed to resign from his board position at General Dynamics (NYSE: GD) and divest all of his business holdings with the company if the Senate confirms him as the next leader of the Defense Department, Politico reported Saturday. Jeremy Herb and Connor O™Brien write Mattis, who ...
TYSONS CORNER, VA, Jan. 6, 2017 ” The U.S. Air Force has awarded a General Atomics‘ business unit a two-year, $56.7 million order to add new units to Spain’s fleet of MQ-9 Reaper unmanned aerial vehicles, ExecutiveBiz reported Thursday. General Atomics Aeronautical Systems Inc. will provide MQ-9 aircraft and associated equ...
Ryan Elliott, formerly vice president of business development at BNL, has joined Comprehensive Health Services as VP of federal domestic programs at the Cape Canaveral, Florida-based workforce medical services contractor. CHS said Thursday he will report to Doug Magee, senior VP for business development, and oversee the...
TYSONS CORNER, VA, Jan. 5, 2017 ” A Research and Markets report has named General Dynamics (NYSE: GD), Orbital ATK (NYSE: OA) and BAE Systems among the key players in the global military ammunition market through 2026, ExecutiveBiz reported Wednesday. The Global Military Ammunition Market 2016-2026 study covered the industry’s k...
TYSONS CORNER, VA, Jan. 5, 2017 ” An L-3 Communications (NYSE: LLL) subsidiary has secured a series of contracts worth at least $90 million for electro-optical/infrared imaging systems, ExecutiveBiz reported Wednesday. L-3 WESCAM will provide its MX-series systems to the U.S. Navy, Department of Homeland Security, Air Force Speci...
TYSONS CORNER, VA, Jan. 5, 2017 ” Noblis has transferred its corporate headquarters from Falls Church, Virginia, to a new 160, 000-square-foot facility at Edmund Haley Drive in Reston, ExecutiveBiz reported Wednesday. The scientific research and engineering services provider said Monday the office features multiple conference roo...
Craig Wade, formerly director of contracts at AugustaWestland‘s North American subsidiary, has been named vice president of contracts, grants administration and cost and pricing at University Research Co. and its Center for Human Services not-for-profit unit. URC said Tuesday Wade brings to the company 25 years of contract mana...
Curtiss-Wright (NYSE: CW) has concluded its $233 million cash acquisition of Teletronics Technology Corp. as part of efforts to expand data acquisition technology offerings and geographic footprint. Both companies first announced the deal in early December. Newtown, Pennsylvania-based TTC will integrate into Curtiss-Wright’s defense ...
