Iridium Communications (Nasdaq: IRDM) posted $136M in revenue for the third quarter of 2018, up 17 percent from the prior year period. The company said Thursday the total number of subscribers grew to 1.09M in Q3 2018, reflecting a year-over-year increase of 15 percent associated with the rise in government and internet-of-things clients. The McLean...
The U.S. Navy has awarded L3 Technologies (NYSE: LLL) and Northrop Grumman (NYSE: NOC) separate contracts to test radio frequency jamming technologies and provide related technical data. L3 and Northrop will receive up to $35.8M and $35.2M in contract funds, respectively, to perform work on Increment 2 of the Navy’s Next Generat...
Grace Lee, former senior vice president of global human resources at biotechnology firm Charles River Laboratories (NYSE: CRL), has been appointed chief HR and diversity officer at at Cubic (NYSE: CUB). Her appointment is effective Oct. 29 and she will oversee Cubic’s diversity strategy as well as talent management, diversity st...
Boeing (NYSE: BA) and Lockheed Martin‘s (NYSE: LMT) joint venture United Launch Alliance has received a potential $152.4M contract to produce a heavy rocket for the National Reconnaissance Office‘s Launch Mission One. The Defense Department said Wednesday ULA will help the agency launch the mission with a heavy confi...
A Chenega subsidiary has received a potential five-year, $151.7M contract from the U.S. Army to provide fee basis providers who will help perform medical screening of applicants seeking to join the armed forces. Chenega Tri-Services will recruit, hire and assign FBPs at 66 sites across the U.S. and Puerto Rico in support of Military Entrance...
Northrop Grumman (NYSE: NOC) has won a potential $164M firm-fixed-price contract to deliver Integrated Bridge and Navigation Systems to support modernization efforts for the U.S. Navy™s Arleigh Burke-class destroyers. The contract covers base hardware production services as well as hull, mechanical and electrical updates as part of the DDG...
Lockheed Martin‘s (NYSE: LMT) Sikorsky Aircraft subsidiary has received a $717.4M sole-source contract to perform logistics and repair services for 98 components of the U.S. Navy‘s CH-53 and MH-53 helicopters. The service branch will allot $142.7M to finance the firm-fixed-priced, performance-based logistics contract’s delivery ord...
The Defense Logistics Agency has awarded a potential 10-year, $1.03B contract to Honeywell International (NYSE: HON) for technical services in support of aircraft power components and equipment. The company will perform these services to support ground start carts; C-130, A-10, E-3, B-1 and B-2 auxiliary power units; F-15 components; and F-16 turbin...
TYSONS CORNER, VA, October 24, 2018 ” Cubic (NYSE: CUB) Chairman, President and CEO Bradley Feldmann will join the National Association of Corporate Directors fellowship program as a board leadership fellow, ExecutiveBiz reported Tuesday. The company said Monday NACD fellows are part of an annual program of study aimed to generate insights...
TYSONS CORNER, VA, October 24, 2018 ” A General Atomics business unit will deliver a prototype lithium-ion battery system for the U.S. Special Operations Command’s manned underwater vehicles under a new contract focused on integration and testing, ExecutiveBiz reported Tuesday. The company said Monday General Atomics Electr...
