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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...

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...

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 ...

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...