The team of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) will not pursue a legal challenge in federal claims court of the U.S. Air Force™s award of the Long Range Strike Bomber contract to Northrop Grumman (NYSE: NOC), Bloomberg reported Friday. Julie Johnsson writes the decision comes a week after the Government Accoun...
General Atomics has agreed to acquire aerospace and defense technical services business Miltec from electronics manufacturing company Ducommun for approximately $14.6 million cash. The transaction is subject to customary closing terms and is intended to increase General Atomics’ technical expertise in developing small satellites, hyp...
Miranda Ashby, formerly senior director of federal sales at Cornerstone OnDemand, has joined cloud-based talent management software provider Acendre as senior vice president of federal sales. Ashby will work to support the company’s business development team to address the talent management needs of federal agencies, Acendre sai...
The GovCon Index held strong from a choppy morning session Thursday and ended at a gain of 1.134 percent to 72.570, which brings the Index out of correction territory after a one-day re-entry at the previous session’s close. The Index was in correction, or 10 percent down from its most recent high, for 13 days until Fr...
SpaceX has been awarded five additional flights by NASA to transport cargo to and from the International Space Station under a contract signed in December 2015, Space News reported Wednesday. Peter B. de Selding writes the flights are valued at approximately $700 million total and raises to 20 the number of ISS cargo flights that NASA...
The State Department has cleared a potential $225 million foreign military sale of Large Aircraft Infrared Countermeasure systems and logistics support for the United Arab Emirates’ C-17 military transport planes. Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) will act as principal contractors for the&nbs...
Leanne Caret, a 28-year veteran of Boeing (NYSE: BA), has been elected by the board of directors to serve as president and CEO of the company’s defense, space and security segment beginning March 1. She will succeed Chris Chadwick, who has led the $30.88 billion BDS segment since December 2013 and will retire this spring...
Jennifer Roseman, formerly Three Wire Systems™ senior vice president and VP for the company’s VetAdvisor program, has been named executive VP of VetAdvisor services. Roseman will oversee the implementation of veteran outreach programs with the goal to help veterans avail of health screenings and reintegration coaching services, Three Wire...
TYSONS CORNER, VA, February 24, 2016 ” Raytheon (NYSE: RTN) has officially unveiled that its teaming arrangement with CAE (NYSE: CAE), Finmeccanica and Honeywell (NYSE: HON) will offer the T-100 trainer aircraft for the U.S. Air Force‘s T-X program, ExecutiveBiz reported Tuesday. Raytheon said Monday T-100 is based on the Aermacchi M...
TYSONS CORNER, VA, February 24, 2016 ” Battelle has appointed Jeff Geppert, a former internal research coordinator for health and consumer solutions, as one of the senior research leaders at the nonprofit company, GovCon Executive reported Tuesday. Battelle said Monday Geppert will be in charge of the company’s work with th...
