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...
TYSONS CORNER, VA, June 7, 2016 ” The Virginia Chamber of Commerce has included Phacil in its Fantastic 50 Fastest Growing Companies list for the fourth year in a row, GovCon Executive reported Friday. The company said May 2 the chamber gave the honors during a ceremony held late April. “It is an honor to be ...
TYSONS CORNER, VA., ‘June 1, 2016 — The Potomac Officers Club — a division of Executive Mosaic — rounds out speakers for their Spring 2016 Cybersecurity Summit. Join us for our annual Cybersecurity Summit to hear from leaders in the public and private sector on how federal agencies can improve their respective data...
TYSONS CORNER, VA, June 7, 2016 ” David Keffer, chief financial officer of CSRA (NYSE: CSRA), has received the Northern Virginia Technology Council’s Public Company CFO of the Year award for his contributions to the Washington metropolitan region™s technology community, GovCon Executive reported Friday. NVTC said Thurs...
Excel Technologies Vice President Debra Yamanaka will assume the role of the company’s new CEO. Yamanaka is a resiliency specialist with experience in organizational survivability and crisis management and she oversaw the company’s federal civilian corporate service offerings and operations as its vice president, Exce...
