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The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a potential $2.93 billion contract to design and build three missile warning satellites that would succeed the service’s current Space Based Infrared System. Lockheed’s space systems business will also analyze requirements, procure critical path flig...

Charles Cosgrove, former chief financial officer of information technology services contractor STG, has been appointed to the same position at IAP. The three-decade financial management veteran will work at IAP’s office in Alexandria, Va., and oversee its financial planning and analysis, treasury, tax, program financial con...

Perspecta (NYSE: PRSP) reported $793 million in revenue for the first quarter of fiscal 2019 that ended June 30, reflecting a 17 percent increase from the prior year period. The company said Tuesday its Q1 2019 pro-forma revenue rose 2 percent to $1.04 billion compared with the same period in the last fiscal year. Perspecta...

Seven companies have won spots on a potential five-year, $850 million contract to provide technical and analytical support services to the Defense Advanced Research Projects Agency. DARPA received 12 offers for the multiple-award, indefinite-delivery/indefinite-quantity contract through a competitive acquisition process, the Defense Department ...

TYSONS CORNER, VA, August 13, 2018 ” A General Dynamics (NYSE: GD) business unit has unveiled a new technology offering that works to remotely manage dispersed encryption devices in an effort to accelerate decision-making and reaction to critical incidents, ExecutiveBiz reported Friday. The company said Thursday General Dynamics Mission Sy...

TYSONS CORNER, VA, August 13, 2018 ” A DynCorp International subsidiary has secured re-accreditation from the International Association for Continuing Education and Training for its delivery of IACET course material to military, law enforcement and private sector trainees, ExecutiveBiz reported Friday. DynCorp said Thursday its Phoenix Con...

The Defense Information Systems Agency has released a request for proposals for a potential 10-year, $639.6 million recompete contract for managed enterprise storage platforms and services. A FedBizOpps notice posted Thursday says the Enterprise Storage Solutions III firm-fixed-price contract covers hardware, software and operating systems...

TYSONS CORNER, VA, August 10, 2018 ” Lockheed Martin™s (NYSE: LMT) Sikorsky subsidiary has registered with the Federal Aviation Administration a proposed coaxial helicopter that it is developing with Boeing (NYSE: BA) for the U.S. Army, ExecutiveBiz reported Thursday. The proposed SB-1 Defiant has been registered as S-100 with FAA fiv...