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Sweden plans to begin formal negotiations with the U.S. government to procure a Raytheon-built (NYSE: RTN) missile defense system for an estimated $1.2 billion, Reuters reported Wednesday. The Swedish defense materiel administration on Tuesday received government approval to send a letter of request on the Patriot weapon procurement t...

The Executive Mosaic GovCon Index (GCI) closed down 0.076 percent to 108.042. Engility topped the GCI posting a 5.55 percent gain for the day. Advancing and declining shares were split evenly. The three major indices showed modest movement to the positive. The S&P500 closed up 0.13 percent to 2,591.13, while the DJIA closed a...

https://www.youtube.com/watch?v=FTogGad6uEY Time-laps of Huntington Ingalls Industries™ Ingalls Shipbuilding division launch of the future Arleigh Burke-class (DDG 51) guided missile destroyer USS Delbert D. Black (DDG 119), Pascagoula, Miss. (Sept. 12, 2017). Video courtesy Huntington Ingalls Industries....

TYSONS CORNER, VA, Nov. 3, 2017 ” DynCorp International plans to enter into a partnership agreement with the U.S. Army on Nov. 12 in efforts to connect soldiers to employment opportunities after they complete military service, GovCon Executive reported Thursday. The company said Wednesday the arrangement would support the Army’s...

The State Department has approved Qatar’s request to acquire a range of support services for its F-15QA multirole fighter aircraft program under a potential $1.1 billion foreign military sales deal with the U.S. government. The Defense Security Cooperation Agency said Thursday the request covers design and construction services for parkin...

Melanie Anderson, formerly head of human resources at KBRWyle™s engineering business, has joined Huntington Ingalls Industries™ (NYSE: HII) technical solutions division as vice president of human resources. Anderson has two decades of HR experience in several companies across aerospace and defense, government services and technology s...

TYSONS CORNER, VA, Oct. 31, 2017 ” Huntington Ingalls Industries (NYSE: HII) will provide engineering, material procurement, program management and other services for the U.S. Navy‘s USS Ralph Johnson destroyer under a $9.9 million order, ExecutiveBiz reported Monday. The Defense Department said Friday HII will also support...

TYSONS CORNER, VA, OCTOBER 31, 2017 - ArchIntel, a provider of concise actionable intelligence to leaders in business, sponsored the recent Potomac Officers Club event featuring the keynote speaker the Hon. Heather Wilson — Secretary of U.S. Air Force and principal DOD Space advisor of U.S. Air Force. ArchIntel was a platin...

Michael Strianese, chairman and CEO at L3 Technologies (NYSE: LLL), has said the company has begun to assess strategic alternatives for Vertex Aerospace business after the New York-based aerospace and defense contractor posted a goodwill impairment charge for Vertex during the third quarter of 2017. Strianese said in a statement issued Thursday L3 r...