TYSONS CORNER, VA, January 31, 2018 ” Lockheed Martin (NYSE: LMT) has entered into a partnership with a nonprofit organization as part of a program to generate civilian work opportunities for military veterans and drive job growth in Florida, ExecutiveBiz reported Wednesday. Veterans Florida said Jan. 24 Lockheed will support the expansion...
CACI International (NYSE: CACI) has agreed to acquire Herndon, Va.-based government technology contractor LGS Innovations and purchased Rochester, N.Y.-based rugged equipment manufacturer through a pair of deals worth approximately $975M combined. Ken Asbury, president and CEO of CACI and a 2019 Wash100 winner, said in a statement released Wednesday...
A report by consulting firm McAleese & Associates says Lockheed Martin (NYSE: LMT) saw its fiscal 2018 sales rise 8 percent to $53.8B and the increase was primarily driven by revenue growth in the Bethesda, Md.-based company’s aeronautics and missiles and fire control segments. Jim McAleese, founder and principal of McAleese &...
Kelly Olson, former acting director of technology transformation services at the General Services Administration, has joined Adobe (Nasdaq: ADBE) as head of industry strategy and marketing for public sector. She will work to develop a go-to-market strategy and a digital experience messaging approach for the software company’s en...
Lockheed Martin (NYSE: LMT) will continue to manufacture submarine-launched ballistic missiles for the U.S. Navy and the government of U.K. under a four-year, $559.6M contract modification. The company will also support both countries’ deployed Trident II D5 missile systems, the Department of Defense said Thursday. The Navy will obligate ...
Eight companies have won positions on a potential five-year, $90M contract from the U.S. Air Force to build, maintain or repair facilities at Holloman AF Base in New Mexico. The 49th Contracting Squadron received 20 bids for the indefinite-delivery/indefinite-quantity contract via a small business set-aside acquisition process, the Department o...
Jim Garrettson, founder and CEO of Executive Mosaic, presented George Krivo, the CEO of DynCorp International, with his 2019 Wash100 award for the second consecutive year on Tuesday. The Wash100 award, in its sixth annual year, recognizes the most influential and impactful executives in the GovCon industry, as selected by Executive Mosaic™...
Andover, Mass.-based military electronics provider Mercury Systems (Nasdaq: MRCY) has acquired GECO Avionics for approximately $36.5M cash. Mercury said Tuesday it funded the acquisition and related transaction expenses through an existing revolving credit facility. GECO produces mission processors, aviation networking ...
Honeywell International (NYSE: HON) has received a potential six-year, $85.7M contract to provide engineering services for the U.S. Air Force™s C-5 military transport planes. The Department of Defense said Tuesday the company will support aircraft hardware and software as part of the sole-source contract. USAF will obligate $9.3M in fiscal...
TYSONS CORNER, VA, January 29, 2019 ” The Potomac Officers Club ” a division of Executive Mosaic ” will be hosting the 2019 Artificial Intelligence Summit on Feb. 13 at the Hilton-McLean in McLean, Va. Dana Deasy of the Department of Defense, Dawn Meyerriecks of the CIA and Dean Souleles of the Offic...
