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...
NASA has awarded Akima Support Operations a potential $131.7 million contract to help manage and maintain the space agency’s Goddard Space Flight Center in Maryland. The Facilities Operations and Maintenance Services III contract is structured as an 8(a) small business set-aside acquisition with the period of performance slated to be...
Curtiss-Wright (NYSE: CW) has agreed to buy Siemens™ Dresser-Rand government business through a $212.5 million cash transaction. Curtiss-Wright said Tuesday it will operate Dresser-Rand as part of its power segment and expects to close the acquisition in April, subject to regulatory approval and other customary closing conditions. “T...
