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The Census Bureau announced Tuesday that Director John Thompson will leave the agency next month. The 27 year agency veteran, who has led the agency since 2013, steps down amid costs about funding concerns. Though his five-year term expired in December, he had been expected to stay on through at least the end of this year, report...
TYSONS CORNER, VA, May 8, 2017 ” Lockheed Martin (NYSE: LMT), Leonardo and Italy’s defense ministry have rolled out the first short-takeoff/vertical-landing variant of the F-35 fighter jet assembled outside the U.S., ExecutiveBiz reported Friday. Lockheed said Friday it works with Leonardo to operate the Italian government-owned F-35...
The Executive Mosaic GovCon Index ended up 0.915 percent on the day and up 1.40 percent on the week to close at 93.666, as advancers outpaced decliners 5 to 1. ICF was at the top of the leader board with a 6.29 percent increase in share value driven by a robust first quarter earnings report. The major...
Weekly Roundup May 1 – May 5 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Earlier this week, Congress finally reached an agreement on the contentious fiscal 2017 budget. The $1.16 trillion omnibus spending bill allocates $598.5 billion in discretionary funding to the Dep...
Jeff Bialos, a partner with the law firm Eversheds Sutherland who served as the Pentagon’s industrial affairs chief during the Clinton administration, discusses President Trump’s Buy American rhetoric, defense-industrial strategy, DoD’s Third Offset initiative and innovation with Defense & Aerospace Report Editor Vago Muradian....
KBR (NYSE: KBR) has won a potential eight-year, $514.9 million contract to help the U.S. Navy operate a military base on the island of Diego Garcia in the British Indian Ocean Territory. The Defense Department said Tuesday that KBR will provide general management and administration, command and staff, environmental, public safety, air...
TYSONS CORNER, VA, May 2, 2017 ” Raytheon (NYSE: RTN) is looking into potential long-term business opportunities in Romania beyond the possible sale of company-built missiles for the country’s Deveselu ballistic missile defense platform, ExecutiveBiz reported Monday. ACTMedia reported Friday that Tom Vecchiolla, president o...
Of the $15 billion in supplemental wartime spending in the 2017 federal spending bill, $2.5 billion will be withheld until 15 days after the president provides Congress with a strategy to defeat the Islamic State (ISIS). The defense secretary and secretary of state will also be required to update the Armed Services, Foreign Relations, Intellige...
Peter Fuller, president and chief operating officer of Cypress International and a 30-year veteran of the U.S. Army, has joined Mission Ready Services as chairman of the board of directors. The retired Army major general succeeds Rod Reum, who resigned from the chairman post and will retain his duties as a director of Mission Rea...
Bajinder Paul, formerly associate director at the Federal Reserve System, has joined InfoZen as vice president of strategy and solutions for the Bethesda, Maryland-based information technology services provider™s federal business. Raj Ananthanpillai, chairman, CEO and president of InfoZen, said in a statement released Monday the company expects...
