David Smith, chief financial officer and director at Rolls Royce, will join U.K.-based science and engineering company Qinetiq as CFO. Qinetiq said Tuesday Smith will succeed David Mellors, who is scheduled to leave QinetiQ on Dec. 31 to join Cobham as the defense contractor’s CFO. “[David] has extensive executive experie...
Executive Mosaic’s GovCon Index showed little change Monday to start September’s final trading week as U.S. stocks declined on investor anticipation over the first U.S. presidential debate to take place six weeks before the Nov. 8 election. GovCon Index decliners outnumbered gainers at a 2-to-1 ratio and two of its&nb...
TYSONS CORNER, VA, Sept. 26, 2016 ” Lockheed Martin (NYSE: LMT) has subcontracted General Atomics‘ electromagnetic systems subsidiary to provide the U.S. Special Operations Command‘s Dry Combat Submersible vehicles with Lithium-ion Fault Tolerant battery systems, ExecutiveBiz reported Friday. The LiFT battery wil...
TYSONS CORNER, VA, Sept. 26, 2016 ” Phacil is included in the list of 100 largest private firms in the Greater Washington area for the fifth straight year, GovCon Executive reported Friday. The company said Thursday the Washington Business Journal’s 2016 list ranks the companies by revenue generated in 2015. “We ...
Vista Equity Partners has agreed to purchase cloud computing government technology business GovDelivery from Actua (Nasdaq: ACTA) for $153 million in a push to expand the private equity firm™s presence in the public sector market. The companies said Monday they expect the transaction to close in the fourth quarter ...
Three Wire Systems has appointed Serena Bliss, formerly senior information assurance officer at Lockheed Martin subcontractor eSolution Architects, as the new chief information security officer at Three Wire. Bliss has more than 15 years of cybersecurity experience in areas such as application development, certification and accreditation, Three...
Northrop Grumman (NYSE: NOC) has secured a potential $149.7 million firm-fixed-price, cost-plus-fixed-fee contract from the U.S. Navy for hardware, production test stations and technical services in support of the installation of large aircraft infrared countermeasures. The Defense Department said Friday Northrop will help integrate L...
AllCom Global Services, Computer Sites and Eaton (NYSE: ETN) have been awarded positions on a potential six-year, $75 million contract to supply power conditioning and interfacing equipment to the U.S. Air Force. The companies will provide commercial static power systems that will work as backup for the service branch™s...
September 19 – September 23 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson KBR™s expansion move into the U.S. and global government services markets became official on Monday when the Houston-based engineering company closed its $300 million purchase of the busin...
The U.S. Postal Service has awarded contracts worth $37.4 million combined to six companies to produce a total of 50 prototype next-generation delivery vehicles for USPS. USPS said Sept. 16 half of the prototypes to be developed under the agency’s NGDV acquisition effort will include hybrid and new technologies such as...
