TYSONS CORNER, VA, February 22, 2019 ” Raytheon (NYSE: RTN) continues its efforts to foster interest in science, technology, engineering and math among students through a recent challenge hosted by the University of Arizona, ExecutiveBiz reported Thursday. The company said employees who are participants in the Raytheon Engineering Lea...
GTY Technology Holdings Inc. (Nasdaq: GTYH), a special purpose acquisition company founded by former Accenture (NYSE: ACN) and EMC executives, has wrapped up its purchase of six technology companies in a push to expand presence in the public sector market. The deals resulted in the formation of a new software company that consolidates Bonfire Intera...
A new report by consulting firm McAleese & Associates says investors expect Huntington Ingalls Industries (NYSE: HII) to return to 10 percent shipbuilding operating margins in 2019. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote in the report the figure could be driven b...
Three companies have won positions on a potential five-year, $40M contract to design and engineer various marine platforms for the U.S. Navy. The Puget Sound Naval Shipyard and Intermediate Maintenance Facility received five offers for the multiple-award indefinite-delivery/indefinite-quantity, firm-fixed-price contract via a competitive a...
The U.S. Navy has exercised the third option period on indefinite-delivery/indefinite-quantity contracts with BAE Systems, General Dynamics (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) to maintain the military branch’s amphibious ships. Each contractor will have the chance to vie for complex, emergent and continuous ...
Huntington Ingalls Industries™ (NYSE: HII) Newport News Shipbuilding division will design and build two Gerald R. Ford-class aircraft carriers for the U.S Navy under a $15.2B contract modification. The company said Thursday it will construct the future Enterprise vessel, designated CVN 80, and the yet-to-be-named CVN 81 ...
The U.S. Navy has awarded six companies spots on a potential five-year, $249M contract to provide design-build and design-bid-build services within Naval Facilities Engineering Command’s Mid-Atlantic Hampton Roads area of responsibility. Contractors may vie for construction, renovation, alteration, demolition and repair task orders under ...
Lockheed Martin (NYSE: LMT) has received a $100.6M contract modification from the U.S. Air Force to design, develop, integrate and test subsystem design changes for the extended range variant of the Joint Air-to-Surface Standoff Missile system. The project will center on the JASSM-ER wings and chines and work under the modification is scheduled...
A report by consulting firm McAleese & Associates says Lockheed Martin (NYSE: LMT) saw its fiscal 2018 sales rise 8 percent to $53.8B and the increase was primarily driven by revenue growth in the Bethesda, Md.-based company’s aeronautics and missiles and fire control segments. Jim McAleese, founder and principal of McAleese &...
Kelly Olson, former acting director of technology transformation services at the General Services Administration, has joined Adobe (Nasdaq: ADBE) as head of industry strategy and marketing for public sector. She will work to develop a go-to-market strategy and a digital experience messaging approach for the software company’s en...
