TYSONS CORNER, VA, June 13, 2016 ” Iridium Communications (Nasdaq: IRDM) will launch the Certus satellite communications service to the government and commercial markets in the second quarter of 2017, ExecutiveBiz reported Tuesday. The Iridium NEXT-powered offering will work to provide broadband services with connection speeds of up t...
Qatar Public Works Authority has awarded KBR (NYSE: KBR) a $185 million extension for its existing contract to deliver full program management support for Qatar’s QAR 50B Expressway Program for another three years. KBR provides management support on the project, as well as oversees supervision, design and construction consultant...
Symantec (Nasdaq: SYMC) has agreed to purchase Sunnyvale, California-based security and network technology provider Blue Coat Inc. for approximately $4.65 billion cash in an effort to help protect government and enterprise customers from cybersecurity threats. Greg Clark, CEO of Blue Coat, will take the helm at Symantec as CEO as well as j...
June 6 – June 10 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Long lines at airport security checkpoints have dominated the headlines lately and the agency responsible for protecting these hubs unveiled a new effort this week that enlists private sector help to keep...
New York-based Drone USA has signed a letter of intent to buy an unidentified West Coast-based supplier of machine parts, spares and replacement tools to the defense and commercial sectors through a cash-and-stock transaction of an undisclosed sum. Drone USA CEO Michael Bannon said Thursday he expects the transaction to help bolster the company̵...
Global aerospace and defense contractor Airbus Group will sell its 23.6 percent stake in Dassault Aviation and use money from the stock sales for “general corporate purposes, “ the Wall Street Journal reported Thursday. Robert Wall writes Airbus aims to shed 9.05 percent of its total ownership in Dassau...
Paul Eremenko, CEO of Airbus Group™s A3 innovation center, will take over as chief technology officer of the aerospace and defense contractor on July 1. Airbus said Tuesday Eremenko will continue to lead A3 in San Jose, California, until the company finds a successor. Andy Anderson, acting Airbus CTO, will serve as deputy to Eremenko...
A spokesman for the Department of Homeland Security said DHS upheld its decision on June 2 to award a potential $1 billion cyber system support contract to Raytheon (NYSE: RTN) following protests by other contract competitors, Bloomberg reported Tuesday. Jack Harrington, vice president for cybersecurity and special missions at Raytheon’...
Boeing (NYSE: BA) has received a potential four-year, $667.5 million contract from the U.S. Army to deliver 24 AH-64E Apache helicopters and related equipment to Qatar as part of a foreign military sales agreement. The company will perform work in Mesa, Arizona, through May 31, 2020, under the fixed-price-incentive contract and the Army Contrac...
Mark Horan, formerly a vice president and general manager at Dell, has joined Avalon Technologies as CEO. Horan will work to help Avalon refine the company™s market strategies, expand its sales and technical teams and extend the business into the education, healthcare and commercial enterprise industries, Avalon said Tuesday. The 35-year i...
