A Northrop Grumman (NYSE: NOC) subsidiary has received a potential seven-year, $450M contract from the U.S. Air Force to provide Joint Threat Emitter end-items, support equipment and spares for domestic and foreign military clients. Northrop™s Amherst Systems business will also provide training and testing support under the indefinite-deli...
Consulting firm McAleese & Associates has issued a report that outlines some of the priorities of Navy Secretary Richard Spencer. Spencer said Thursday during a Center for Strategic and International Studies event that the Navy has begun to work with Huntington Ingalls Industries (NYSE: HII) on a possible two-carrier con...
A General Dynamics (NYSE: GD) business unit has received a potential $264.8M firm-fixed-price contract to provide bomb components to the U.S. Army. General Dynamics Ordnance and Tactical Systems will manufacture parts for the military service’s MK80 and BLU-109 Tritonal bombs, the Department of Defense said Thursday. Army Contra...
BAE Systems‘ land and armaments business has received a $140.3M contract modification to build 30 amphibious combat vehicles for the U.S. Marine Corps. The modification exercises options under a previously awarded contract and includes fielding, support and associated production services, the Department of Defense said Thursday....
Tony Moraco, CEO of Science Applications International Corp. (NYSE: SAIC), has said the company™s fiscal 2019 third-quarter results reflect its continued focus to deliver robust performance across its contract portfolio. SAIC said Thursday it closed the quarter with $1.2B in revenue, a 2.8 percent or $32M increase from the same period last year...
Riptide Software has won a potential six-year, $103.2M contract to help the U.S. Army update a computer generated forces technology designed to simulate missions, control processes and systems from an individual military platform and combatant. Army Contracting Command received three bids for the One Semi-Automated Forces support program and th...
TYSONS CORNER, VA, December 6, 2018 ” Science Applications International Corp. (NYSE: SAIC) has lined up Engility (NYSE: EGL) Board Members David Kerko and Katharina McFarland to join its own board of directors once the companies’ $2.5B acquisition deal is finalized next year, ExecutiveBiz reported Wednesday. SAIC said Tuesday the ap...
TYSONS CORNER, VA, December 6, 2018 ” ICF (Nasdaq: ICFI) will officially establish a new integrated marketing, technology and communications business in 2019 under the leadership of John Armstrong, a former general manager of IBM‘s (NYSE: IBM) design and digital consultancy who recently joined ICF Olson, ExecutiveBiz reported Wednesday. A...
On Nov. 26th, United Technologies announced its move to split the company into three separate businesses following the completion of the $30B Rockwell Collins acquisition on Nov. 23rd. The move will combine UTC™s Pratt & Whitney and United Technologies Aerospace Systems with Rockwell Collins to form Collins Aerospace Systems. The merger bet...
Todd Stottlemyer, a former executive at Inova Health System, has been named CEO of health information technology firm CNSI. Alex Nivelle, a principal at A&M Capital, said in a statement published Wednesday Stottlemyer™s appointment comes as CNSI aims to advance innovation and growth efforts. A&M Capital acquired a controlling inter...
