United Technologies Corp. (NYSE: UTX) has announced plans to divide into three independent companies after it completed its $30B purchase of Rockwell Collins (NYSE: COL). UTC said Monday it will combine its aerospace systems business with Rockwell Collins to form Collins Aerospace Systems and expects the transaction to be $0.15 to $0.20 ac...
Boeing (NYSE: BA) has won a potential seven-year, $383.4M contract from the U.S. Air Force to provide tactical warfighters with a joint ground platform designed to deliver anti-jam satellite communications capabilities. The service received three proposals for the cost-plus-incentive-fee contract in support of the Protected Tactical Enterprise Servi...
On Nov. 14th, the U.S.-China Economic and Security Review Commission warned the U.S. government of the potential dangers of being too reliant on Chinese technology in its annual report. A congressional advisory panel claims purchasing internet-linked devices manufactured in China is leaving the United States open to possible security breaches. œ...
A CenturyLink (NYSE: CTL) subsidiary has received a potential five-year, $126.8M contract to manage dark fiber and related commercial facilities for the Defense Department. Herndon, Va.-based CenturyLink QGS will perform work at various locations within the continental U.S. through task orders from the Defense Information Systems Agen...
TYSONS CORNER, VA, November 21, 2018 ” Boeing (NYSE: BA) and SparkCognition plan to jointly develop software made to facilitate the integration of unmanned aircraft systems into the world’s airspace, ExecutiveBiz reported Tuesday. The two firms will establish SkyGrid, a joint venture that would leverage artificial intelligence, block...
TYSONS CORNER, VA, November 21, 2018 ” A SoBran division has unveiled a new checklist tool designed to help laboratories prepare for site visits from the nonprofit Association for Assessment and Accreditation of Laboratory Animal Care International, ExecutiveBiz reported Oct. 24. The company said Oct. 23 the “Are You Ready for Your AAALAC...
TYSONS CORNER, VA, November 20, 2018 ” Science Applications International Corp. (NYSE: SAIC) has unveiled a cloud-based virtual laboratory environment that it designed to help accelerate federal agencies’ efforts to develop software applications, ExecutiveBiz reported Oct. 23. The company said Oct. 23 the SAIC Innovation Factory ...
TYSONS CORNER, VA, November 20, 2018 ” A General Dynamics (NYSE: GD) business unit will supply ground combat vehicles to the U.S. Army under a $14.4M contract that runs through Nov. 16, 2019, ExecutiveBiz reported Monday. The Defense Department said Friday the contract awarded to General Dynamics Ordnance and Tactical Systems covers t...
Lockheed Martin (NYSE: LMT) has landed a potential five-year, $240M contract to help the Missile Defense Agency develop, apply and sustain a modular objective simulation framework for ballistic missile defense systems. MDA will obligate $1.7M in fiscal 2018 research and development funds to finance initial activities under the contract’s ...
TYSONS CORNER, VA, November 19, 2018 ” An IBM-backed (NYSE: IBM) study has found that a majority of federal information technology executives foresee a shift in IT investments over the next two years, with an increasing number anticipating spending on cloud technology, ExecutiveBiz reported Oct. 16. Fedscoop reported Oct. 15 that the surve...
