TYSONS CORNER, VA, January 27, 2016 ” Northrop Grumman (NYSE: NOC) will supply five Global Hawk ground surveillance drones and associated components to NATO by the end of the year, ExecutiveBiz reported Tuesday. Defense News reported Monday that the company will deliver the aircraft to the Sigonella Air Base in Italy, where NATO has begun ...
Boeing (NYSE: BA) — one of 30 companies listed on Executive Mosaic’s GovCon Index — has issued its fiscal year 2016 outlook of earnings between $8.15 and $8.35 per share to fall below the consensus Wall Street expectation of $9.43. The Chicago-based airplane manufacturer also stated a 2016 revenue outlook of between $93 billion and...
Engility (NYSE: EGL) will continue to provide classified systems engineering, intelligence analysis and program management services to the Defense Department under a five-year, $82 million contract. The company said Tuesday the sole-source renewal contract also includes records and data management support, financial and technical analysis ...
Denis Cashman, chief accounting officer at EMC (NYSE: EMC) and chief financial officer of the firm’s information infrastructure business, has been appointed corporate CFO at the company. Cashman, a 28-year finance veteran at EMC, will succeed the departing CFO Zane Rowe on March 1 and will oversee all financial operations for the company’...
TYSONS CORNER, VA, January 26, 2016 ” Unisys (NYSE: UIS) has worked with the U.S. Customs and Border Protection agency to deploy facial scanner technology at John F. Kennedy International Airport, ExecutiveBiz reported Monday. The company said Monday the scanner works to prevent U.S. entry of travelers with fake passports by comparing the ...
Reston, Virginia-based contractor Leidos Holdings (NYSE: LDOS) has agreed to a merger with the government information technology and services businesses of Lockheed Martin (NYSE: LMT) under a $5 billion, tax-free Reverse Morris Trust transaction to create the government services industry’s largest publicly-traded contractor by revenu...
Lockheed Martin (NYSE: LMT) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported fourth quarter earnings per share of $3.01 and $11.46 for its fiscal year 2015 to exceed the consensus estimates of Wall Street analysts for both figures by 7 cents and 8 cents respectively. Fourth quarter earnings topped...
The GovCon Index retreated with a loss of 1.295 percent to 70.580 Monday in a move that puts the Index back into a correction, or 10 percent off its most recent high, for the second time this month. Monday’s plunge starts a week in which investors who follow defense and government contracting sectors await a ...
TYSONS CORNER, VA, January 25, 2016 ” ICF International (Nasdaq: ICFI) will provide event management services to the European Commission under a $15 million contract to support regional and urban policy programs in the European Union, ExecutiveBiz reported Friday. The company said Friday its ICF Mostra division in Brussels will organize ev...
The General Services Administration has asked shortlisted contractors to submit proposals for the construction of a consolidated FBI headquarters building that will receive $1.4 billion in funds under President Barack Obama’s budget for fiscal year 2017. The FBI Headquarters Consolidation Project is part of GSA’s program to comply w...
