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...
Perspecta has begun to trade under the ticker symbol “PRSP” on the New York Stock Exchange after it finalized its separation from DXC Technology (NYSE: DXC) and subsequent merger with Vencore and KeyPoint Government Solutions. The independent publicly traded combined company has 14,000 employees and $4.2 billion in pro-for...
Raytheon (NYSE: RTN) has secured a potential $847.6 million contract to produce an “over-the-horizon” weapon system for the U.S. Navy‘s littoral combat and frigate ships. OTH-WS will consist of a fire control suite and launching mechanisms with encanistered missiles, the Defense Department said Thursday. The firm-fixed-price contra...
A new PwC report says the aerospace and defense sector recorded $728 billion in 2017 revenue, reflecting a 4 percent increase from the previous year. PwC reported that A&D companies posted a combined operating profit of $77 billion in 2017 with an on operating margin of 10.6 percent, up from 9.3 percent in 2016. The professional s...
TYSONS CORNER, VA, May 30, 2018 ” David Egts, chief technologist for Red Hat™s (NYSE: RHT) North American public sector business, has said containers work well when combined with agile development and DevOps processes and could help information technology departments enhance efficiency, ExecutiveBiz reported May 23. Egts said agencies, by ...
TYSONS CORNER, VA, May 30, 2018 ” Engility (NYSE: EGL) has earned a potential $41 million task order to carry out on-site, logistics and training services supporting the U.S. Marine Corps™ command-and-control programs, ExecutiveBiz reported Tuesday. The company said Thursday it will provide an immersive training environment ...
TYSONS CORNER, VA, May 29, 2018 ” Kratos Defense and Security Solutions (Nasdaq: KTOS) has received a number of contracts worth approximately $55 million combined to support U.S. and allied space missions and commercial satellite communications for national security, ExecutiveBiz reported Thursday. The company said Wednesday it will deliver pro...
TYSONS CORNER, VA, May 25, 2018 ” Boeing (NYSE: BA) has named eight potential clients for the latest configuration of its F/A-18 Super Hornet fighter aircraft, ExecutiveBiz reported Thursday. Dan Gillian, vice president of F/A-18 programs at Boeing, said potential orders from Bulgaria, Canada, Finland, Germany, India, Japan, Poland and Switzerl...
