Kenneth Possenriede, a more than 30-year Lockheed Martin (NYSE: LMT) veteran, has been named executive vice president and chief financial officer of the company in a move that will take effect Feb. 11. He will succeed the retiring Bruce Tanner, a 37-year company executive who served as CFO for more than a decade, Lockheed said...
RER Solutions has won a potential five-year, 100M contract to help the U.S. Small Business Administration analyze data in disaster loan applications and provide recommendations to the SBA’s Office of Disaster Assistance. The agency said Friday in a FedBizOpps it received 10 proposals for the indefinite-delivery/indefinite-quanti...
Maxar Technologies (NYSE: MAXR) has made headway in its U.S. domestication effort after it received approval from the Supreme Court of British Columbia in Canada for certain changes the company made to its arrangement plan. The company said Friday the arrangement plan allows it to directly purchase common shares from shareholders and seeks to b...
TYSONS CORNER, VA, December 7, 2018 ” Symantec (Nasdaq: SYMC) has developed a security platform that utilizes artificial intelligence with the goal to protect critical infrastructure and operational technology from cyber threats, ExecutiveBiz reported Thursday. The company said Wednesday the Industrial Control System Protection Neural...
BAE Systems‘ land and armaments business has received a $140.3M contract modification to build 30 amphibious combat vehicles for the U.S. Marine Corps. The modification exercises options under a previously awarded contract and includes fielding, support and associated production services, the Department of Defense said Thursday....
Tony Moraco, CEO of Science Applications International Corp. (NYSE: SAIC), has said the company™s fiscal 2019 third-quarter results reflect its continued focus to deliver robust performance across its contract portfolio. SAIC said Thursday it closed the quarter with $1.2B in revenue, a 2.8 percent or $32M increase from the same period last year...
TYSONS CORNER, VA, December 6, 2018 ” Tom McCabe, a senior vice president at BWX Technologies (NYSE: BWXT), has received recognition from the Association of Corporate Counsel’s National Capital Region chapter as the “Outstanding Chief Legal Officer of the Year,” ExecutiveBiz reported Nov. 15. BWXT said Nov. 14 McCabe...
TYSONS CORNER, VA, December 6, 2018 ” Science Applications International Corp. (NYSE: SAIC) has lined up Engility (NYSE: EGL) Board Members David Kerko and Katharina McFarland to join its own board of directors once the companies’ $2.5B acquisition deal is finalized next year, ExecutiveBiz reported Wednesday. SAIC said Tuesday the ap...
TYSONS CORNER, VA, December 6, 2018 ” ICF (Nasdaq: ICFI) will officially establish a new integrated marketing, technology and communications business in 2019 under the leadership of John Armstrong, a former general manager of IBM‘s (NYSE: IBM) design and digital consultancy who recently joined ICF Olson, ExecutiveBiz reported Wednesday. A...
Todd Stottlemyer, a former executive at Inova Health System, has been named CEO of health information technology firm CNSI. Alex Nivelle, a principal at A&M Capital, said in a statement published Wednesday Stottlemyer™s appointment comes as CNSI aims to advance innovation and growth efforts. A&M Capital acquired a controlling inter...
