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Lockheed Martin (NYSE: LMT) has asked the Defense Department to reimburse $212 million in restructuring costs associated with its $9 billion purchase of Sikorsky Aircraft in 2015 on the grounds that the Bethesda, Maryland-based defense contractor has been delivering $8 in savings for every dollar spent through the acquisition, Bloomberg reported Wed...

TYSONS CORNER, VA, Jan. 24, 2018 ” AT&T (NYSE: T) has established a visual brand for the First Responder Network Authority‘s communications products and services in support of public safety, ExecutiveBiz reported Tuesday. Chris Sambar, a senior vice president at AT&T, said in a blog post published Monday that the new logo ser...

TYSONS CORNER, VA, Jan. 24, 2018 ” A General Dynamics (NYSE: GD) subsidiary is set to hire 2,200 more workers this year for its submarine engineering, design, operations and fabrication operations in Connecticut and Rhode Island, ExecutiveBiz reported Tuesday. The Day reported Monday that General Dynamics Electric Boat Presi...

TYSONS CORNER, VA, Jan. 24, 2018 ” Orbital ATK (NYSE: OA) will collaborate with the Defense Advanced Research Projects Agency to study the potential of combined engine cycle technology for aircraft propulsion systems, ExecutiveBiz reported Tuesday. The company said Tuesday the project seeks to explore the integration of turbine and hy...

TYSONS CORNER, VA, Jan. 24, 2018 ” Dell Technologies (NYSE: DVMT) has entered into an agreement with Carahsoft Technology for the sale and distribution of Dell products to the federal market through the latter’s position on the General Services Administration‘s Schedule contract, ExecutiveBiz reported Tuesday. Carahsoft said Mo...

TYSONS CORNER, VA, Jan. 24, 2018 ” Some of the U.S. Air Force‘s General Atomics-built MQ-1 Predator remotely piloted aircraft may be transferred to the U.S. Navy as the air fleet transitions to the MQ-9 Reaper by the end of the year for additional capacity, ExecutiveBiz reported Tuesday. The War Zone reported Monday foreign...

Amazon Web Services has purchased Sqrrl, a cybersecurity company founded by former National Security Agency employees, CNBC reported Tuesday. The transaction comes as AWS aims to integrate new security tools into the firm’s cloud platform and expand work with the intelligence community. Sqrrl CEO Mark Terenzoni said in the company™s homep...

Vectrus (NYSE: VEC) has bought Alexandria, Virginia-based SENTEL for $36 million in a push to grow client base in the intelligence and federal civilian markets as well as broaden logistics, information technology and technical service offerings for customer agencies. Colorado Springs-based Vectrus said Tuesday it funded the transaction wit...

Richard Harkey, former vice president, chief accounting officer and corporate controller at Engility (NYSE: EGL), has joined Whitney, Bradley & Brown as senior VP and chief financial officer. Harkey will oversee WBB™s contracts, finance, information technology operations and facilities in his new role, the company said Tuesday. œRich i...