A General Electric (NYSE: GE) business unit has received a potential five-year, $366.2M contract to repair components of T-64 engine that powers the U.S. Navy’s heavy-lift helicopters. GE Aviation will fix 18 head-of-family part numbers under the sole-source, firm-fixed-price requirements contract, the Department of Defense said Wednesday...
TYSONS CORNER, VA, February 27, 2019 ” DynCorp International has been named a recipient of an award for employers in the Tarrant County region in Texas that recruit military veterans to be part of the workforce, ExecutiveBiz reported Tuesday. The company said Monday the Workforce Solutions for Tarrant County Veteran Friendly Employer of the Yea...
TYSONS CORNER, VA, February 27, 2019 ” Jacobs Engineering Group (NYSE: JEC) has unveiled a campaign and investment effort that aim to advance technologies that work to address global issues such as urbanization, climate change, water supply, security and digital proliferation, ExecutiveBiz reported Thursday. The company said Feb. 19 the campaig...
Lockheed Martin (NYSE: LMT) has received an $846M modification under an un-priced letter contract to design, build and integrate technologies needed for a demonstration of the U.S. Navy’s Intermediate Range Conventional Prompt Strike Weapon System. The company’s space business will provide large diameter rocket motors, missile body ...
Mickey Jones, a 31-year federal acquisition professional, has joined the senior management team of Reston, Va.-based GovConRx. He will work with other members of GovConRx™s management team and advisory board to support corporate development efforts and deliver platforms meant to help contractors manage contract performance, the company said Wed...
Nikki Randhawa Haley, former U.S. ambassador to the United Nations, has been nominated to be a member of Boeing‘s (NYSE: BA) board of directors. She is set for election at the aerospace and defense contractor’s annual shareholder meeting on April 29, Boeing said Tuesday. Haley left her U.S. envoy position in December 2018. Prior to...
Vectrus (NYSE: VEC) saw its full-year 2018 revenue grow 15 percent to $1.3B and ended the year with $3B in total backlog. The Colorado Springs, Colo.-based government services contractor said Tuesday it recorded $48.3M in 2018 operating income with diluted earnings per share of $3.10 and $40M in net cash provided by operating activities for...
Michelle Howard, a retired U.S. Navy admiral, has been elected to serve on IBM™s (NYSE: IBM) board of directors beginning on March 1. The 35-year military veteran retired in December 2017 after she served as commander of Allied Joint Force Command Naples and U.S. Naval Forces in Europe and Africa, IBM said Tuesday. Howard, the...
Shareholders of Embraer on Tuesday approved the company™s proposed strategic partnership with Boeing (NYSE: BA) during a meeting held in Brazil. Boeing said Tuesday shareholders owning 67 percent of Embraer™s outstanding shares participated in the meeting with 96.8 percent voted to approve the transaction. Embraer ...
TYSONS CORNER, VA, February 26, 2019 ” James Reagan, executive vice president and chief financial officer of Leidos (NYSE: LDOS), has indicated during a recent earnings call that the company is more interested in potential acquisitions of products companies rather than those that offer services only, ExecutiveBiz reported Wednesday. Reagan, a 2...
