TYSONS CORNER, VA, April 20, 2018 ” A Kratos Defense and Security Solutions (Nasdaq: KTOS) business unit will work with partner Dynetics as the team advances to the third phase of a Defense Advanced Research Projects Agency program for the aerial launch and recovery of multiple drones, ExecutiveBiz reported Thursday. Kratos Unmanned Aerial Syst...
TYSONS CORNER, VA, April 20, 2018 ” Boeing (NYSE: BA) is working to accelerate its effort to build the 11th and 12th Wideband Global Satcom satellites using the $600 million that Congress allotted for the program in the 2018 Defense Department budget, ExecutiveBiz reported Thursday. Space News reported Wednesday that Rico Attanasio, d...
TYSONS CORNER, VA, April 20, 2018 ” Advanced Concepts and Technologies International has joined a one-year program under the Virginia Economic Development Partnership that seeks to identify business opportunities in the global market for local aerospace and defense companies, ExecutiveBiz reported Wednesday. The company said VEDP...
KBR (NYSE: KBR) has assumed control of a joint venture with U.K.-based construction and facilities management provider Carillion after the latter announced insolvency in January. KBR said Thursday that it closed the acquisition of Carillion™s interest in their Aspire Defence joint venture without causing disruption to operations ...
Valiant Integrated Services has agreed to acquire Cubic™s (NYSE: CUB) global defense services business for approximately $135 million in cash in a push to expand its client base and broaden its technical platforms and service offerings in training and readiness markets. Valiant CEO James Jaska said in a statement published Thursday the com...
The State Department has approved a potential $1.20 billion foreign military sale of eight MH-60R multimission helicopters, equipment and support services to Mexico. Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business will serve as the principal contractor for the sale meant to help increase Mexico’s threat deterr...
Jim Garrettson, president and chief executive officer of Executive Mosaic, a leading media and events hosting company in the government contracting market, on Wednesday presented Craig Abod, president of Carahsoft Technology, with his 2018 Wash 100 award. The Wash100, now in its fifth annual year, recognizes the most influential and impactful e...
Raytheon (NYSE: RTN) has received a three-year, $136.5 million modification under a U.S. Navy contract for the low-rate initial production of a radar system designed to detect air and surface targets as well as ballistic missile threats. The Navy will deploy the Air and Missile Defense Radar from the company on a DDG Flight III d...
TYSONS CORNER, VA, April 19, 2018 ” PwC and Microsoft (Nasdaq: MSFT) have expanded their alliance to advance a new suite of cybersecurity services and tools that are geared to safeguard customers™ IT networks and data, ExecutiveBiz reported Wednesday. The product portfolio will cover enterprise security architecture, identity and acce...
TYSONS CORNER, VA, April 19, 2018 ” Lockheed Martin (NYSE: LMT) has submitted its bid for the U.S. Air Force™s GPS III Follow On program aimed at developing up to 22 next-generation GPS satellites with anti-jamming capabilities, ExecutiveBiz reported Wednesday. The company said Tuesday its proposed GPS III platform includes a fully digital...
