AM General has tapped financial services firm Macquarie Group to seek out buyers for the South Bend, Ind.-based military ground vehicle manufacturer, Reuters reported Tuesday. Reuters estimates AM General is worth more than $2B based on the company’s recent contract wins and its limited liability corporation structure, which could offer a...
TYSONS CORNER, VA, October 1, 2018 ” Advanced Concepts and Technologies International has been named a finalist for a Greater Washington Government Contractor Award as the “Contractor of the Year” in the category for companies with $25M to $75M in annual revenue, ExecutiveBiz reported Sept. 20. ACT I CEO Michael Niggel said in ...
TYSONS CORNER, VA, October 1, 2018 ” A Cubic (NYSE: CUB) business unit will work with Microsoft (Nasdaq: MSFT) to update the smart card-based fare payment technology serving the San Francisco Bay Area under a $394M contract from the region’s transportation agency, ExecutiveBiz reported Friday. Cubic Transportation Systems said Thursd...
Aerospace Corp. has received a one-year, $1.05B contract modification from the U.S. Air Force to support engineering and integration of national security space systems via a federally funded research and development center. Work covers planning, systems definition and technical specification operations, as well as user needs assessment, design alter...
TYSONS CORNER, VA, September 28, 2018 ” Northrop Grumman (NYSE: NOC) has expanded its composite structures manufacturing center in Beavercreek, Ohio, with a new operational area for additional work on aerospace programs, ExecutiveBiz reported Tuesday. The company said Monday Ohio state and local officials attended the ceremony to open...
Nine small businesses have won spots on a potential five-year, $500M contract vehicle for communication, evaluation and social marketing services to the National Institutes of Health and other agencies under the Department of Health and Human Services. NIH announced the winning vendors for the Public Information and Communication Services ...
BWX Technologies‘ (NYSE: BWXT) Nuclear Fuel Services subsidiary has received a $505M contract to convert 20.2 metric tons of highly enriched uranium into a low enriched form that can be used in national defense efforts or as fuel for commercial nuclear reactors. The HEU downblending project is scheduled to commence in early 2019 and ...
United Launch Alliance has received an $867M contract modification from the U.S. Air Force to maintain and sustain launch infrastructure for the Atlas V and Delta IV rockets that support national security space missions. Work also covers Evolved Expendable Launch Vehicle program management, mission integration and assurance, rocket depreciation and ...
The Food and Drug Administration has awarded four companies contracts worth up to $75M each to develop automated methods for reporting adverse drug events. IBM (NYSE: IBM), Acumen, Dovel Technologies and IQVIA Government Solutions will use artificial intelligence, machine learning, natural language processing and other automation...
Jacobs Engineering Group (NYSE: JEC) has promoted Terry Hagen and Bob Pragada to chief operating officers in a string of leadership changes that will take effect on Oct. 1. The executive moves seek to support the company™s leadership and growth initiatives in the professional services sector, Jacobs said Wednesday. Hagen, a three-decade Ja...
