Kratos Defense and Security Solutions (Nasdaq: KTOS) has agreed to sell its public safety and security system integration business to Securitas Electronic Security for approximately $69 million in cash. Eric DeMarco, Kratos president and CEO, said in a statement published Wednesday the divestiture concludes the execution of the company...
Chris Metts, formerly vice president of global aviation and air traffic management at Harris (NYSE: HRS), has joined Deloitte Consulting™s federal government practice as a specialist executive. Metts will lead Deloitte™s growth efforts in the federal transportation sector, particularly in the aviation segment, with a focus on leveraging bi...
David Young, regional vice president of strategic government at CenturyLink (NYSE: CTL), has said he believes the company’s purchase of Level 3 Communications provides CenturyLink an opportunity to provide integrated technology offerings for federal clients and manage current and new government contracts, FierceTelecom reported Tuesday...
The White House and Boeing (NYSE: BA) have reached a potential $3.9 billion deal for the aerospace company to build two presidential planes, Reuters reported Tuesday. œPresident Trump has reached an informal deal with Boeing on a fixed-price contract for the new Air Force One Program, Hogan Gidley, deputy press secretary, to...
Lockheed Martin (NYSE: LMT) has received a one-year, $158.3 million delivery order from the U.S. Navy to help modify and retrofit air systems for domestic and international F-35 jets. The Defense Department said Tuesday the company’s aeronautics business will provide program management, recurring and non-recurring...
The U.S. Air Force has awarded Raytheon (NYSE: RTN) a $77.3 million contract option for the low-rate initial production of lot 4 Small Diameter Bomb II munitions. Raytheon’s missile systems business will manufacture 570 SDB II units along with 524 single and dual weapon containers under the exercised option, the&n...
TYSONS CORNER, VA, Feb. 27, 2018 ” TechnoMile has entered into a partnership with Carroll Publishing to offer government contracting customers access to data products for capture and contract lifecycle management, ExecutiveBiz reported Thursday. TechnoMile said Wednesday the alliance seeks to build on the contact and account data qual...
John Coleman, formerly president of the investigative service group at Omniplex World Services, has been named president of Peraton‘s homeland security sector in a move slated to take effect March 5. Peraton said Tuesday Coleman will oversee programs and growth efforts within the company’s business that offers a range...
TYSONS CORNER, VA, Feb. 26, 2018 ” General Dynamics‘ (NYSE: GD) NASSCO business has turned over the Expeditionary Sea Base vessel designated USNS Hershel “Woody” Williams to the U.S. Navy after completing construction in San Diego, ExecutiveBiz reported Friday. The Naval Sea Systems Command said Thursday the shi...
TYSONS CORNER, VA, Feb. 26, 2018 ” Huntington Ingalls Industries‘ (NYSE: HII) Newport News Shipbuilding arm has nearly completed 70 percent of the future USS John F. Kennedy aircraft carrier with the assembly of 317 lifts, ExecutiveBiz reported Friday. The company said Thursday the Ford-class nuclear-powered aircraft carrier is being...
