General Electric™s (NYSE: GE) aviation business has received a potential $157.7M contract to provide holistic engine support for T64 engines used to power U.S. Navy aircraft. The Defense Logistics Agency awarded the fixed-price prospective redetermination and requirements contract that has base period of five and a half year...
TYSONS CORNER, VA, December 12, 2018 ” By Light Professional IT Services will work with the Department of Defense to update tools used in telecommunications operations via the Defense Information Systems Network as part of a potential $65M task order, ExecutiveBiz reported Tuesday. The company said Monday the technology refresh t...
TYSONS CORNER, VA, December 12, 2018 ” PAE has received a $72M modification to a previously awarded contract for continued engineering, operations and maintenance support at U.S. Navy test ranges, ExecutiveBiz reported Tuesday. The Department of Defense said Monday the modification exercises an option on a contract for PAE Applied Tec...
KBR‘s (NYSE: KBR) government services business will continue to provide logistics support services to the U.S. Army in Europe and the Arabian Peninsula under two task order modifications worth $114M combined. The company said Tuesday KBRwyle will help U.S. European Command manage and maintain base facilities and help the Army transport mu...
Tim Hascall, an executive vice president and chief operations officer at Maxar Technologies (NYSE: MAXR), will retire from his roles on Dec. 31. Jeff Guy and Jeff Robertson, who are both senior VPs at Maxar, will take on expanded roles to assume Hascall™s current responsibilities, the company said Tuesday. Guy will oversee corporate procur...
TYSONS CORNER, VA, December 11, 2018 ” CAE (NYSE: CAE) has developed a big data analytics-powered training system built on Microsoft‘s (Nasdaq: MSFT) Azure Government cloud that will work to deliver real-time assessments of pilot competencies, ExecutiveBiz reported Nov. 27. The CAE Rise platform, which is available to the defense mar...
TYSONS CORNER, VA, December 11, 2018 ” Microsoft (Nasdaq: MSFT) has entered into a partnership with Mastercard (NYSE: MA) to develop a joint service that will work to secure digital identities while enabling consumers to manage and share identity data using trusted devices, ExecutiveBiz reported Dec. 4. Mastercard said Dec. 3 the effort, w...
Speedcast International announced Thursday that the Committee on Foreign Investment in the United States (CFIUS) has approved the company™s $135M acquisition of Globecomm Systems. CFIUS found no unresolved national security concerns holding up the acquisition. Speedcast expects the purchase of Globecomm to finalize before the end...
Kenneth Possenriede, a more than 30-year Lockheed Martin (NYSE: LMT) veteran, has been named executive vice president and chief financial officer of the company in a move that will take effect Feb. 11. He will succeed the retiring Bruce Tanner, a 37-year company executive who served as CFO for more than a decade, Lockheed said...
TYSONS CORNER, VA, December 10, 2018 ” A General Dynamics (NYSE: GD) business unit will supply active protection system kits for the Abrams M1A2 battle tank fleet of the U.S. Army under a $58M contract, ExecutiveBiz reported Friday. The Department of Defense said Thursday the firm-fixed-price contract awarded to General...
