Miklos Kiss, a former program director at the Defense Security Cooperation Agency and retired U.S. Air Force colonel, has joined Advanced Concepts and Technologies International as director of international programs at the Arlington, Virginia-based acquisition management services contractor. ACT I said Tuesday Kiss oversees the compan...
Cambridge, Massachusetts-based knowledge discovery firm Diffeo has purchased Boston-based startup Meta Search for an undisclosed sum as part of efforts to expand search and discovery technology offerings. Diffeo said Tuesday it also renamed Meta Search™s platform to Diffeo Cloud Search as part of the acquisition. “Diffeo’s cust...
Leonardo has secured a potential five-year, $330 million contract from the U.K.’s ministry of defense to provide training and support services for 62 AW159 Wildcat helicopters of the British army and navy. The company said Monday that work on the Wildcat Integrated Support and Training contract will begin April 1 and covers...
Defense Secretary nominee James Mattis has agreed to resign from his board position at General Dynamics (NYSE: GD) and divest all of his business holdings with the company if the Senate confirms him as the next leader of the Defense Department, Politico reported Saturday. Jeremy Herb and Connor O™Brien write Mattis, who ...
Airbus has secured a $506 million contract from the U.K.’s defense ministry to provide in-service support for the Atlas A400M airlifters of the British air force. The ministry said Thursday the contract covers maintenance, upgrade and repair services for the country’s Atlas fleet through 2026. Julian Young, chief...
IMI Systems has secured a potential seven-year, $450 million contract to provide munitions to Israel’s infantry and armor units, Defense News reported Monday. Barbara Opall Rome writes that Israel’s defense ministry said the multiyear procurement effort will help the Israeli armed forces to resupply the country’s inventory of...
Leidos (NYSE: LDOS) has received a potential five-year, $202 million subcontract from CACI International (NYSE: CACI) for intelligence, analytical operations and training services in support of the Joint Improvised-Threat Defeat Organization. Leidos will support JIDO™s global Focused Support/Decisive Effort that seeks to facilitate the Def...
https://www.youtube.com/watch?v=go0Lk6fUs0o FBN’s Charlie Gasparino. Democratic Strategist Atima Omara and Washington Examiner Columnist Kristen Soltis Anderson on President-elect Trump getting Boeing to commit to a new AF1 for less than $4 billion....
TYSONS CORNER, VA, Jan. 3, 2017 ” Steve Grobman, Intel Security‘s chief technology officer, has said that retaliating against Russia’s alleged cyber hacking of the U.S. elections could escalate to war, ExecutiveBiz reported Friday. The Obama administration’s response could range from additional economic sanction...
Executive Mosaic’s GovCon Index moved higher Thursday on broad gains among defense primes and services contractors as U.S. stocks closed slightly lower in a mostly quiet penultimate trading session for 2016. Investors continued their post-election focus on defense and other GovCon stocks, while the S&P 500 composite index turned ...
