Kirkland Donald, a retired U.S. Navy admiral and former CEO of Systems Planning and Analysis, will officially join Huntington Ingalls Industries‘ (NYSE: HII) board of directors Jan. 1. The 37-year Navy veteran previously directed the military branch’s Naval Nuclear Propulsion program until he retired in 2013...
Executive Mosaic’s GovCon Index turned from neutral to negative territory Wednesday as did the U.S. stock bellwether S&P 500 composite index after the Federal Reserve raised interest rates for only a second time since the 2008 financial crisis. GovCon Index decliners outnumbered gainers by a 9-to-1 ratio as three of its...
TYSONS CORNER, VA, Dec. 14, 2016 ” DigitalGlobe (NYSE: DGI) has shared the first image captured by the Lockheed Martin-built (NYSE: LMT) WorldView-4 satellite that was launched in November from Vandenberg Air Force Base, ExecutiveBiz reported Tuesday. Lockheed said Monday the WorldView-4 is designed to take photos with 30-cm resolution to show ...
Carey Bond, a former corporate president at Lockheed Martin™s (NYSE: LMT) Sikorsky Aircraft company, has joined the board of directors of CPI Aerostructures. Bond’s appointment to the board brings the total number of directors to eight before Director Kenneth McSweeney’s retirement at the end of his term, CPI Aero said Tue...
Trace Systems has won a potential seven-year, $219 million contract from the Defense Information Systems Agency to provide internet connectivity infrastructure for service members to connect with their families and friends. The Defense Department said Tuesday the company will support DISA’s Morale, Welfare and Rec...
Executive Mosaic’s GovCon Index closed lower Tuesday in a session that saw the U.S. stock bellwether S&P 500 close at an all-time record high as investors restarted post-election buying activity in sectors they expect to see growth under a Donald Trump administration. Tuesday’s flat movement by the GCI follows Monday’...
Boeing (NYSE: BA) will shift the headquarters of its $31 billion defense segment from the St. Louis metropolitan region to the Washington, D.C. area effective Jan. 3, 2017 for top executives to gain closer proximity with government customers, a company spokesperson has confirmed to GovCon Wire. Close to a dozen senior execut...
Mark Sopp, former executive vice president and chief financial officer at Leidos Holdings (NYSE: LDOS), will join KBR (NYSE: KBR) as CFO in the first quarter of 2017 and succeed Brian Ferraioli who will retire. Houston-based KBR said Tuesday Ferraioli and Sopp will work together to achieve a smooth transition for the company’sÃ...
TYSONS CORNER, VA, Dec. 12, 2016 ” A report from Deloitte suggests possible strategies derived from merger-and-acquisition activities in the private sector that could be applied to the next U.S. president’s government transition and integration efforts, ExecutiveBiz reported Friday. Deloitte said Thursday its...
Joseph Santucci, president and CEO of California-based software technology firm piXlogic, has said an artificial intelligence-based software platform could help government agencies search and analyze videos and pictures for use in investigations and security missions. Santucci wrote that such software tools work to œunderstand context in a...
