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Alexandria, Va.-based technical and management services contractor Culmen International has bought the federal services business of PlanetRisk for an undisclosed sum in a push to grow technology and expertise offerings in the federal market. Culmen CEO Dan Berkon said in a statement released Friday the company aims to establish new cu...

Dynetics has landed a potential $470 million sole-source contract to manufacture GBU-69/B Small Glide Munitions for the U.S. Special Operations Command. USSOCOM will obligate $10.4 million in fiscal 2016 procurement funds at the time of award, the Defense Department said Friday. The company will perform majority of...

https://www.youtube.com/watch?v=0gLLv7TkkvY ATLANTIC OCEAN (June 5, 2018) The aircraft carrier USS Gerald R. Ford (CVN 78) comes alongside the fleet replenishment oiler USNS Leroy Grumman (T-AO 195) for a replenishment-at-sea. The Navy’s newest aicraft carrier, Gerald R. Ford, is underway conducting test and evaluation operations. (U.S. Navy v...

TYSONS CORNER, VA, June 8, 2018 ” Lockheed Martin (NYSE: LMT) aims to utilize $100 million in savings the company says it generated through the U.S. tax reform to invest in technology startup companies via its venture capital arm, ExecutiveBiz reported Thursday. Defense News reported Wednesday that Chris Moran, head of Lockheed Martin Ventures,...

TYSONS CORNER, VA, June 7, 2018 ” Parsons has appointed Harry McMahon, formerly executive vice chairman at Bank of America Merrill Lynch, to its board of directors, ExecutiveBiz reported Wednesday. The Pasadena, Calif.-based technology company said Tuesday the 32-year investment banking veteran has supported global organizations in their strate...

Saima Shaukat, a 13-year Salesforce (NYSE: CRM) executive, has been appointed chief revenue officer at cloud-based insurance platforms provider TechCanary. Shaukat will oversee the development of go-to-market strategies for the company™s insurance platform and will bring to her role nearly two decades of enterprise software experience, TechCana...

The Federal Trade Commission has given Northrop Grumman (NYSE: NOC) antitrust approval to proceed with its proposed $9.2 billion acquisition of Orbital ATK (NYSE: OA). Northrop said Tuesday the FTC clearance calls for it to make solid-rocket motors available to competitors on œa non-discriminatory basis and that it expects to clo...

TYSONS CORNER, VA, June 5, 2018 ” ManTech International (Nasdaq: MANT) has opened an approximately 310,000-square-foot logistics hub in South Carolina that will work to provide services and parts for the U.S. Army‘s Vehicle Engineering Maintenance and Operations Support effort, ExecutiveBiz reported Thursday. The company said Wednesd...