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Houston-based engineering and construction company KBR (NYSE: KBR) has agreed to purchase the U.S. government services business of Honeywell (NYSE: HON) for $300 million in a push to continue expansion efforts in the federal market. KBR said Friday it expects to close the transaction subject to regulatory approval in October and the addition of...

Altimmune has received a potential five-year, $120.2 million contract from the Biomedical Advanced Research and Development Authority to conduct clinical trials on an experimental vaccine against anthrax. The Gaithersburg, Maryland-based immunotherapeutic company will test its NasoShield intranasal anthrax vaccine through Phase 1 clinical ...

July 18 – July 22 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson    As is the custom of recent times, Lockheed Martin started a new earnings season for GovCon companies Tuesday with a boost to its full-year guidance and second quarter financial results that ...

Greg Hyslop, senior vice president of engineering, test and technology at Boeing (NYSE: BA), has been appointed to also serve as chief technology officer of the company. He will succeed the retiring John Tracy, CTO for 10 years and a 35-year company veteran, and continue to report to Dennis Muilenburg, Boeing chairman, president and CEO, t...

TYSONS CORNER, VA, July 18, 2016 ” Orbital ATK (NYSE: OA) plans to launch its sixth International Space Station cargo resupply mission under the Commercial Resupply Services contract with NASA by Aug. 22, ExecutiveBiz reported Friday. The space agency said Friday Orbital ATK’s Cygnus spacecraft will launch from the Wallops ...

Carlos Kingston, former vice president of Qualis‘ missiles and space business,  has been appointed to chief operating officer for the technical and engineering support services provider. The Huntsville, Alabama-based small business said Tuesday Kingston’s new role entails oversight and leadership of Qualis contra...

Steve Isakowitz, formerly Virgin Galactic president, will join The Aerospace Corporation as its new president on Aug. 1 and assume the added role of CEO when current CEO Wanda Austin retires in October. Aerospace said Tuesday the board of trustees and its selection committee, led by former U.S. Air Force Secre...