Data Device Corp. has agreed to acquire a Maxwell Technologies (NASDAQ: MXWL) subsidiary that manufactures microelectronic components for satellites and space vehicles. Vincent Buffa, DDC president and CEO, said in a statement published Tuesday acquiring Maxwell’s microelectronics business is part of DDC’s push to expand into...
The U.S. Army has awarded a potential $675 million contract modification to eight companies to continue to provide information technology systems in support of the service branch™s enterprise software. The Army Contracting Command will obligate funds and work location upon award of each task order and expects contract work to finish Oct. 23, 20...
Redwood City, California-based financial intelligence analysis firm OpenGov has bought New York-based open data management company Ontodia for an undisclosed sum in a push to expand offerings for the public sector. Zachary Bookman, OpenGov co-founder and CEO, said Wednesday the companies aim to help transform “how governments an...
Executive Mosaic, Tysons Corner, VA April 13, 2016 — George Newstrom, Dell president for the federal government services business, has been inducted into Executive Mosaic™s Wash100 list of the most influential leaders in GovCon for his vision in public-private information technology partnership. The Wash100 is the prem...
The GovCon Index rode across-the-board positive activity in U.S. markets Wednesday with a gain of 1.224 percent to 75.399, which represents the GCI’s first close above 75 points this year so far under its current 30-company composition. First-quarter earnings from JPMorgan that topped analyst estimates drove the S&P 500 composite...
TYSONS CORNER, VA, April 13, 2016 ” The Leidos-built (NYSE: LDOS) Sea Hunter autonomous ship demonstrator has been christened at a dockside ceremony Thursday in Portland, Oregon, ExecutiveBiz reported Friday. The company said Thursday the ship will be used for the Defense Advanced Research Projects Agency™s Anti-Submari...
TYSONS CORNER, VA, April 13, 2016 ” General Atomics‘ Lithium-ion Fault Tolerant battery technology has been certified by Det Norske Veritas Germanischer Lloyd after it completed tests aboard an undersea vehicle of the U.S. Special Operations Command, ExecutiveBiz reported Tuesday. The company said Monday the DNV G...
The GovCon Index staged a full reversal from an early morning dip into negative territory Tuesday to close at a gain of 0.482 points to 74.487 as energy shares helped spur U.S. markets into positive. Huntington Ingalls Industries (NYSE: HII) was the GCI’s top nominal gainer at $2.22 — or 1.6 percent — to $141.31 after...
TYSONS CORNER, VA, April 12, 2016 ” The National Association of Corporate Directors, with support from partners CACI International (NYSE: CACI) and KPMG, has named the latest graduates of its program that aims to help transition soldiers to the private sector, GovCon Executive reported Monday. NACD said Monday retired Air Force M...
TYSONS CORNER, VA, April 12, 2016 ” Siemens has partnered with Airbus on the development of a hybrid electric propulsion system for passenger aircraft that could drive efforts to reduce noise and fuel consumption, ExecutiveBiz reported Monday. Airbus said Thursday a joint team of 200 employees will work on the project in pre...
