Perspecta (NYSE: PRSP) reported $793 million in revenue for the first quarter of fiscal 2019 that ended June 30, reflecting a 17 percent increase from the prior year period. The company said Tuesday its Q1 2019 pro-forma revenue rose 2 percent to $1.04 billion compared with the same period in the last fiscal year. Perspecta...
Brendan Curran, formerly president of Crane Co.™s aerospace and electronics group, has been named president of a Boeing (NYSE: BA) business organization that produces avionics and electronics systems. The more than 20-year aerospace industry veteran will lead the AvionX organization and Boeing’s aftermarket strategy across ...
Perspecta™s (NYSE: PRSP) Vencore subsidiary has won a potential five-year, $96 million follow-on contract to continue to provide review and data collection support services for the U.S. Army™s ground combat and aviation systems and tactical wheeled vehicles. The Sample Data Collection and Analysis contract also covers operat...
Raytheon (NYSE: RTN) has received a potential $110 million indefinite-delivery/indefinite-quantity contract from the U.S. Air Force to produce, certify, integrate and sustain Paveway laser-guided bombs. The Defense Department said Thursday the contract also offers a total-package acquisition approach for foreign military customers, such as...
TYSONS CORNER, VA, August 9, 2018 ” Boeing™s (NYSE: BA) HorizonX Ventures division has invested in additive manufacturing system developer Digital Alloys to help the latter advance its development of 3D-printed aerospace parts, ExecutiveBiz reported Wednesday. The aircraft manufacturer said Tuesday HorizonX Ventures participated in a Serie...
TYSONS CORNER, VA, August 9, 2018 ” Todd Probert, vice president of mission support and modernization at Raytheon‘s (NYSE: RTN) intelligence, information and services business, has said a budget and acquisition framework focused on the use of commercial software development methods is needed to accelerate the delivery of defense capabilit...
The U.S. Navy has awarded five companies contract modifications worth up to $500 million combined to continue efforts to install and operationally certify shore facility and shipboard command, control, communications, computers, intelligence, surveillance and reconnaissance platforms. The modifications fall under a previously awarded multiple-award,...
Six companies have won contracts worth approximately $44 million combined from NASA to develop 10 technology platforms for space exploration. NASA said Thursday it selected the proposals through its Tipping Point solicitation that seeks to address the space technology mission directorate™s three technology focus areas through public-privat...
TYSONS CORNER, VA, August 8, 2018 ” BAE Systems has marked the 150th delivery of its OE-120 identification friend-or-foe antenna system to the U.S. Navy, which uses the technology aboard ships to help optimize situational awareness and detect potential threats, ExecutiveBiz reported July 26. The company said July 25 the electroni...
Leidos (NYSE: LDOS) has received two task orders worth up to $639 million combined to provide information technology services for the Social Security Administration™s Disability Case Processing System and office of software engineering. The task orders awarded through the company™s new IT support services indefinite-delivery/indefinite-qua...
