ManTech International (Nasdaq: MANT) has secured a $158.4M contract to provide specialized security support services to the U.S. Air Force. The company will help the service branch protect acquisition processes and the Space and Missile Systems Center’s operational units that have sensitive compartmented information as well as special acc...
The Justice Department has given antitrust approval to United Technologies Corp. (NYSE: UTX) to pursue its approximately $30B acquisition of Rockwell Collins (NYSE: COL), Bloomberg reported Tuesday. UTC announced in September 2017 that it agreed to pay approximately $23B in cash and stock and assume $7B in net debt from the Cedar Rapi...
AM General has tapped financial services firm Macquarie Group to seek out buyers for the South Bend, Ind.-based military ground vehicle manufacturer, Reuters reported Tuesday. Reuters estimates AM General is worth more than $2B based on the company’s recent contract wins and its limited liability corporation structure, which could offer a...
TYSONS CORNER, VA, October 1, 2018 ” Jacobs Engineering Group (NYSE: JEC) has collaborated with NASA to complete a series of tests on a parachute system that will be used for the Orion spacecraft’s re-entry into Earth upon the conclusion of its mission, ExecutiveBiz reported Friday. The company said Thursday the team conducted the la...
TYSONS CORNER, VA, October 1, 2018 ” A Cubic (NYSE: CUB) business unit will work with Microsoft (Nasdaq: MSFT) to update the smart card-based fare payment technology serving the San Francisco Bay Area under a $394M contract from the region’s transportation agency, ExecutiveBiz reported Friday. Cubic Transportation Systems said Thursd...
TYSONS CORNER, VA, September 28, 2018 ” Engility (NYSE: EGL) will help the U.S. Air Force maintain software for a tactical data exchange system used on aircraft under a $49.5M contract, ExecutiveBiz reported Thursday. The contract provides for software sustainment support to the Joint Range Extension/Joint Range Extension Tactical Equ...
TYSONS CORNER, VA, September 28, 2018 ” Northrop Grumman (NYSE: NOC) has expanded its composite structures manufacturing center in Beavercreek, Ohio, with a new operational area for additional work on aerospace programs, ExecutiveBiz reported Tuesday. The company said Monday Ohio state and local officials attended the ceremony to open...
TYSONS CORNER, VA, September 28, 2018 ” A Huntington Ingalls Industries (NYSE: HII) division will help maintain U.S. Navy expeditionary equipment in support of the military branch’s coastal riverine forces under a potential $34M contract, ExecutiveBiz reported Tuesday. The company said Monday its technical solutio...
TYSONS CORNER, VA, September 28, 2018 ” LMI has hired Sharon Hays, most recently a portfolio manager at General Dynamics‘ (NYSE: GD) information technology business, to serve as a senior technical fellow who will work with Chief Technology Officer Sanjay Parthasarathy at the nonprofit firm’s research institute, ExecutiveBiz reported...
TYSONS CORNER, VA, September 28, 2018 ” Unisys (NYSE: UIS) will provide information technology support to the executive branch of the Kansas state government under a potential $40M contract for the delivery of a hybrid cloud platform, ExecutiveBiz reported Thursday. The company said Wednesday it will deploy resources and personnel who...
