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...
A report by consulting firm McAleese & Associates says BAE Systems™ U.S. electronic systems sector saw its 2018 sales rise 14 percent to $5.3B with 15.3 percent sector operating margin and operating profit of $809M. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, wrote BAE™...
TYSONS CORNER, VA, February 25, 2019 ” IBM (NYSE: IBM) will operate and maintain two online contracting data repositories under the purview of the General Services Administration as part of a $24.5M contract from the agency, ExecutiveBiz reported Friday. GSA’s Federal Acquisition Service said in a FedBizOpps notice posted Wednesday that I...
TYSONS CORNER, VA, February 22, 2019 ” Raytheon (NYSE: RTN) continues its efforts to foster interest in science, technology, engineering and math among students through a recent challenge hosted by the University of Arizona, ExecutiveBiz reported Thursday. The company said employees who are participants in the Raytheon Engineering Lea...
The Defense Threat Reduction Agency has selected five companies for a potential 10-year, $535M contract to provide information technology support services throughout the DTRA enterprise. Booz Allen Hamilton (NYSE: BAH), General Dynamics™ (NYSE: GD) IT business, Leidos (NYSE: LDOS), NT Concepts and Science Applications I...
Jim Garrettson, founder and CEO of Executive Mosaic, presented Jim Reagan, executive vice president and chief financial officer of Leidos, with his third consecutive 2019 Wash100 Award on Tuesday. The Wash100 award, in its sixth annual year, recognizes the most influential and impactful executives in the GovCon industry, as selected by the Executive...
