The State Department has approved a potential $259 million foreign military sales transaction for Kuwait to procure four King Air 350ER aircraft and related equipment from the U.S. government. Sierra Nevada will serve as principal contractor in the proposed deal that also covers PT6A-67A engines, AN/AAQ-35 Wescam MX-15HDi electro-optical/infrar...
Michael Smith, formerly executive vice president for strategy and development at Huntington Ingalls Industries (NYSE: HII), has been named president of HII™s SN3 business. He will directly report to Michael Lempke, president of the company™s nuclear and environmental group, HII said Wednesday. HII™s strategy and develop...
A United Technologies Corp. (NYSE: UTX) business unit has secured a potential 10-year, $2.5 billion contract to provide aviation-related spare parts and services to all U.S. military branches. UTC Aerospace Systems will perform work at various facilities in nine states through April 30, 2028, the Defense Department said Wednesday...
ManTech International (Nasdaq: MANT) posted $1.72 billion in revenue for the full fiscal year 2017 that ended Dec. 31, up from $1.6 billion in FY 2016. ManTech said Wednesday it recorded $98.2 million in FY 2017 operating income, which reflects an 8 percent increase from the previous fiscal year. The company attributed the revenue growth to...
John Jumper, former chairman and CEO of Leidos (NYSE: LDOS), is due to retire from the company’s board of directors at the end of his term. Leidos said Wednesday it has launched a search for Jumper’s successor on the seat that he will vacate after his departure from the board. He joined the company in March 2012...
TYSONS CORNER, VA, Feb. 21, 2018 ” Stuart Dyer, business development manager at CyrusOne (Nasdaq: CONE), has said data center services continue to be in demand in northern Virginia as the company sees its data center campuses fully leased ahead of schedule, ExecutiveBiz reported. “We™re working on our third campus, and it™s...
TYSONS CORNER, VA, Feb. 21, 2018 ” Johns Hopkins University Applied Physics Laboratory has granted Gallant Technologies a license to produce and sell a lab-developed explosive detection training tool for canine teams, ExecutiveBiz reported Tuesday. APL said Monday the technology works to help handlers train canines to detect home...
TYSONS CORNER, VA, Feb. 21, 2018 ” CACI International (NYSE: CACI) Board Member William Scott Wallace, a retired U.S. Army general, has received recognition as a graduate of the U.S. Military Academy at West Point, GovCon Executive reported Tuesday. The company said Tuesday Wallace, who has served on the board of directors since 2009,...
TYSONS CORNER, VA, Feb. 21, 2018 ” Science Applications International Corp. (NYSE: SAIC) is set to invest $28.5 million to open a new manufacturing facility for military equipment in South Carolina to add to its existing campus in Charleston, ExecutiveBiz reported Tuesday. The Post and Courier reported Friday the Berkeley County ...
The State Department has approved a potential $100 million foreign military sale of Kvichak-built fast patrol boats to Kuwait. Washington-based Kvichak is a subsidiary of Vigor Industrial and will serve as the prime contractor under the 15-boat FMS deal, the Defense Security Cooperation Agency said Tuesday. Kuwait also ordered 30...
