Executive Mosaic has recognized Martha Shepard, vice president of contracts at BAE Systems Inc., and Barry Barlow, senior VP and and chief technology officer at Vencore, for their service to their community of peers through the 4×24 Leadership Program. Both industry veterans completed a full year of service as chairman of 4×24 gr...
New York-based private equity firm American Industrial Partners has agreed to buy Vertex Aerospace business from L3 Technologies (NYSE: LLL) for approximately $540 million in cash. The transaction includes the acquisition of L3™s TCS and Crestview Aerospace business units that operate under the technology contractor™s aerospace system...
Greg Lewis, vice president of enterprise information management at Honeywell (NYSE: HON), will transition to the role of senior vice president and chief financial officer on Aug. 3 to succeed the retiring Tom Szlosek. The company said Tuesday Lewis will serve as VP of corporate finance for three months to oversee the company™s EIM, mergers...
Jacobs Engineering Group’s (NYSE: JEC) technology business has won a potential five-year, $110 million contract from the U.S. Special Operations Command to provide enterprise operations and maintenance surge support services. SOCOM will obligate $5,000 in fiscal 2018 O&M funds at the time of award and work is scheduled to be comp...
AAI, a subsidiary of Textron (NYSE: TXT) subsidiary, has received a potential $120 million contract to continue providing intelligence, surveillance and reconnaissance support for the U.S. Special Operations Command‘s mid-endurance unmanned aircraft systems. SOCOM awarded the sole-source contract for AAI to provide wo...
TYSONS CORNER, VA, May 1, 2018 ” Iridium Communications (Nasdaq: IRDM) CEO Matt Desch has expressed confidence in the company’s broadband services portfolio amid the prevalence of low-Earth orbit satellites in space, ExecutiveBiz reported Friday. Desch, a 2018 Wash100 inductee, said in an earnings call that Iridium’s upcoming “...
TYSONS CORNER, VA, May 1, 2018 ” BAE Systems is helping develop a platform to analyze and share mission-planning and force-tracking data between manned and unmanned aerial systems as part of a program with the Defense Advanced Research Projects Agency and Air Force Research Laboratory, ExecutiveBiz reported Monday. C4ISRNet reported Friday...
AECOM‘s (NYSE: ACM) management services group has landed a potential seven-year, $961 million contract to help the U.S. Air Force maintain and operate remotely piloted aircraft. The company said Tuesday it will provide organizational-level maintenance services for MQ-9 Reaper and RQ-4 Global Hawk systems, as well as support...
Kevin Stein, president and chief operating officer at TransDigm Group (NYSE: TDG) since 2016, has been elected by the company’s board of directors to serve as president and CEO. TransDigm said Monday Stein will also join the board and oversee operational and financial aspects of the Cleveland-based aircraft components maker in his ne...
Jack London, executive chairman and chairman of the board at CACI International (NYSE: CACI), has been named a governance fellow by the National Association of Corporate Directors. CACI said Monday NACD™s Fellowship initiative serves as the organization™s highest credential for governance professionals and corporate directors and aims to h...
