L3 Technologies (NYSE: LLL) has announced an initiative to split the New York City-based defense contractor’s electronic systems segment into two new business segments as part of a growth strategy that also involves multiple leadership transitions. The company said Wednesday Todd Gautier, current president of L3’s pre...
A General Dynamics (NYSE: GD) subsidiary has received a one-year, $115.7 million contract modification to continue to provide logistics support for the C-20 and C-37 aircraft platforms of the U.S. Air Force, Army, Navy, Marine Corps and Coast Guard. The Defense Department said Wednesday that General Dynamics’ Gulfstream Aer...
Executive Mosaic’s GovCon Index held onto its gain Wednesday with help from Boeing (NYSE: BA) on the airplane maker’s fourth quarter results above analyst forecasts to offset the decline by Textron (NYSE: TXT) after its October-December figures disappointed Wall Street. U.S. stocks by comparison hit all-time highs again in comparison as...
Kevin Scott, senior vice president of infrastructure at business social networking company LinkedIn, has been named chief technology officer at Microsoft (Nasdaq: MSFT). Scott will report directly to Microsoft CEO Satya Nadella as a member of the senior leadership team and will oversee œstrategic, cross-company initiatives, Microsoft said Tuesd...
The U.S. Air Force has awarded five companies contract modifications worth $66.7 million combined for medical support services at 67 military treatment facilities across the U.S., District of Columbia and Guam. The Defense Department said Tuesday the modifications extend the ordering period for the Air Force’s Medical Suppo...
Executive Mosaic’s GovCon Index traded higher Tuesday on a lift from Boeing (NYSE: BA) and government services stocks as Lockheed Martin (NYSE: LMT) fell after the defense contractor reported material weaknesses related to internal controls for financial statements at its Sikorsky helicopter subsidiary. All three major U.S. stock indices also...
The State Department has moved to clear a proposed $400 million foreign military sale of logistics services and associated equipment in support of the U.K.’s Boeing-built (NYSE: BA) C-17 military transport aircraft. The Defense Security Cooperation Agency said Monday the U.K. government requested sustainment engineering, quality assu...
Terry Crimmins, formerly vice president and deputy general manager of the electronic systems sector at BAE Systems˜ U.S. subsidiary, has been promoted to president of the sector. BAE said Monday Crimmins succeeds Tom Arseneault, who returned to his full-time post as chief operating officer of the subsidiary –&nbs...
Reston, Virginia-based information technology platforms provider Amyx has secured a potential five-year, $189.2 million task order from the General Services Administration to provide mission support services to the Joint Improvised-Threat Defeat Organization. GSA™s federal systems integration and management center received eight bids for the co...
Mark Monroe, former vice president of finance and corporate controller at Deltek, has joined Arlington, Virginia-based contractor PAE as corporate controller. He was most recently responsible for Deltek’s global accounting, corporate governance and financial reporting and analysis functions, as well as oversaw the financial ...
