The Trump administration revealed its budget Tuesday, which would add almost half a trillion dollars to defense spending while cutting $1.5 trillion from nondefense spending and $1.4 trillion in Medicaid over the course of a decade. Trump’s plan, titled œA New Foundation for American Greatness, leaves Medicare and the retir...
Dennis Via, a retired U.S. Army general, has joined Booz Allen Hamilton (NYSE: BAH) as a senior executive adviser and fellow for defense futures to help craft the company’s defense market strategy. Booz Allen said Wednesday the more than 36-year military veteran will also work with defense, intelligence and homeland security cli...
Northrop Grumman (NYSE: NOC) has received a potential one-year, $332 million contract modification from the Missile Defense Agency to continue to provide technical integration and operational support services for the ballistic missile defense system. The modification increases the contract™s total value from $3.85 billion to $4.18 billion and e...
The U.S. Navy has awarded Raytheon (NYSE: RTN) a $327.1 million modification to exercise options under a previously awarded contract for low-rate initial production of air and missile defense radars. Raytheon will also provide non-recurring engineering support services for the first three air and missile defense radars under the ...
The U.S. Army has awarded Raytheon (NYSE: RTN) an $87.3 million modification under a foreign military sales contract to advise and assist the United Arab Emirates on the deployment and operation of the company-built Patriot air defense system. Raytheon will also provide advisory and assistance services for planning, training...
Scott Whatmough, a 30-year veteran of Raytheon (NYSE: RTN), has been named senior vice president of the defense group at Engility (NYSE: EGL). Engility said Monday Whatmough will lead the group that offers technical and engineering support services to the Defense Department in his new position. ...
TYSONS CORNER, VA, Feb. 28, 2017 ” Ed Sheehan, president and CEO of Concurrent Technologies Corp., has said he anticipates growth in federal defense spending for fiscal year 2018 under Donald Trump’s administration, ExecutiveBiz reported Monday. The Tribune-Democrat reported Sunday Sheehan noted potential advantages to local contract...
The U.S. Army has awarded eight companies positions on a potential nine-year, $3.04 billion contract to support research and development of space or high-altitude and missile defense technologies. Contractors will vie for task orders to help the Army design, build, integrate, demonstrate and provide domain-one services for hardware and sof...
Christine Couch, formerly director of operations at CSRA (NYSE: CSRA), has joined MetroStar Systems as senior vice president for the defense and intelligence business at the Reston, Virginia-based information technology services contractor. MetroStar said Wednesday Couch will be responsible for helping develop and execute the com...
Executive Mosaic’s GovCon Index closed Friday with a 0.464-percent climb to 88.863 as gainers outnumbered laggards at a 2-to-1 ratio with strong performances by defense prime stocks. L3 Technologies (NYSE: LLL) was GCI’s top net performer while Vectrus (NYSE: VEC) led the listed stocks in percentage gained. The Index’...
