Northrop Grumman (NYSE: NOC) wrapped up its approximately $9.2 billion purchase of Orbital ATK on Wednesday and will now run the newly acquired company as its fourth business sector called Northrop Grumman Innovation Systems. Blake Larson, most recently chief operating officer at Orbital ATK, has been elected by the board as corporate vice pres...
TYSONS CORNER, VA, June 6, 2018 ” The Federal Emergency Management Agency has given Concurrent Technologies Corp. a potential five-year, $4.7 million contract to update and secure an online readiness data reporting system that supports FEMA™s National Continuity Programs, ExecutiveBiz reported Monday. “Our combination of underst...
Six companies have won contracts worth up to $970 million combined to support a Defense Threat Reduction Agency program that aims to stop the proliferation of weapons of mass destruction. DTRA’s Cooperative Threat Reduction program seeks to collaborate with foreign countries to counter WMD threats and related technolog...
TYSONS CORNER, VA, June 5, 2018 ” Raytheon (NYSE: RTN) and Kongsberg Gruppen will develop a missile system designed for over-the-horizon defense of the U.S. Navy‘s littoral combat ships and frigates under a potential $847.6 million contract from the service branch, ExecutiveBiz reported Monday. The Navy selected the companies™ Naval ...
Swami Iyer, formerly president of Ultra Electronics‘ 3eTI subsidiary, has joined Israel Aerospace Industries‘ U.S. subsidiary as CEO. The two-decade industry veteran will lead operations of IAI North America and its subsidiaries that include Stark and ELTA North America, the aerospace company said Monday. Iyer previously served as v...
Jeffrey Blakeman, formerly vice president of operations at Bombardier‘s transportation business in the Americas region, has been named vice president of manufacturing and procurement at Cubic (NYSE: CUB). His appointment is effective July 2 and he will succeed the retiring Dave Lapczynski, who will remain with Cubic in an execut...
Peter Trainer, a former executive at Science Applications International Corp. (NYSE: SAIC), has joined BAE Systems™ U.S. subsidiary as vice president and general manager of Air Force solutions business area. He will oversee a business unit within BAE Systems Inc.™s intelligence and security sector that modernizes, tests and maintains aircr...
Perspecta (NYSE: PRSP) has unveiled the members of its senior leadership team and board following its spinoff from DXC Technology (NYSE: DXC) and combination with Vencore and KeyPoint Government Solutions. Mac Curtis, president and CEO of Perspecta, will also serve on the board of the company that started trading Friday on the New Yor...
Draken International has won a potential $280 million contract to provide “adversary” air aggressor services for the U.S. Air Force‘s combat air training efforts. The Defense Department said Friday Draken will deliver contractor-owned, contractor-operated tactical fighter jets designed for ADAIR, air-to-air tracking ...
Weekly Roundup May 28 – June 1, 2018 Click here to see Real-Time GovCon Sector Quotes Executive Mosaic™s Weekly GovCon Round-Up: Platform Companies Overview, Recent Contract Wins and Top 10 Stories Jim Garrettson, Executive Mosaic CEO Platform Companies: A May Overview As we look back at May, I™d like to highlight some sign...
