The U.S. Navy has awarded positions to 12 companies on a five-year, $800 million contract to prototype radio frequency components for electronic warfare, communications, radar and information operations. The Defense Department said Monday contractors will vie for task orders to research, design, fabricate, integrate and test open...
Aviation component manufacturer Norsk Titanium has named Carl Johnson as senior vice president of technology, engineering and quality and Rebecca McGrane as vice president and general manager of its technology center. Norsk Titanium said Monday Johnson, a veteran of Northrop Grumman (NYSE: NOC) for more than three decades; a...
The GovCon Index extended its slide into a second consecutive session Thursday with a decline of 0.372 points to 75.982 driven by a mixed second-quarter earnings report from aviation technology manufacturer Rockwell Collins (NYSE: COL). Cedar Rapids, Iowa-based Rockwell Collins fell 5.18 percent — or $4.87 – to end Th...
BAE Systems™ land and armaments business has received a potential $109.7 million contract modification to produce 36 M88A2 Heavy Equipment Recovery Combat Utility Lift and Evacuation System vehicles for the U.S. Army. The company will perform work in York, Pennsylvania, through Aug. 31, 2018, under the contract modification that also covers aut...
General Dynamics (NYSE: GD) and EOIR Technologies have been awarded contracts worth a combined $49 million to provide software engineering lifecycle support services to the U.S. Army. The Army Contracting Command will allocate funds and provide work locations to the companies upon issuance of individual task orders, the Defe...
The GovCon Index bounced back from its early morning decline at the open to close at a gain of 0.522 points to 76.214 as both stock and commodities markets seemed to move past news that major oil suppliers did not agree on a production freeze at their Doha meeting over the weekend. The Index opened nearly one-quarter...
Mitel (Nasdaq: MITL) has agreed to purchase Polycom (Nasdaq: PLCM) for approximately $1.96 billion in cash and stock as both companies seek to establish a business that will offer communications and collaboration systems to enterprise customers. Both companies expect to close the acquisition in the third quarter of 2016 and create a combin...
General Dynamics (NYSE: GD) has appointed Firat Gezen, formerly chief operating officer of its ordnance and tactical systems arm, as the unit’s president following the retirement of Michael Wilson. The company said Friday Gezen, who was also elected as corporate vice president, will assume his new role on May 1 and will report t...
Howard Lance, former chairman and CEO of Harris Corp. (NYSE: HRS), has been selected to succeed Daniel Friedmann as president and CEO of MacDonald, Dettwiler and Associates, effective May 16. MDA said Thursday Lance is expected to join MDA™s board of directors, while Friedman will continue to serve as a board member. œLance brings to...
TYSONS CORNER, VA, April 14, 2016 ” CenturyLink (NYSE: CTL) will bid on task orders under the potential $4.3 billion Global Network Services contract awarded in December to provide wireless network transport services, GovCon Executive reported Friday. The company said Thursday it eyes task orders on virtual private networks, Wi-F...
