TYSONS CORNER, VA, Nov. 13, 2017 ” Raytheon (NYSE: RTN) has entered into a partnership with Saab in efforts to update the latter’s weapon systems and develop new weapons for U.S. and coalition ground troops, ExecutiveBiz reported Friday. The team will work to modernize the Carl-Gustaf multi-role, shoulder-launched weapon an...
TYSONS CORNER, VA, Nov. 13, 2017 ” Lockheed Martin‘s (NYSE: LMT) F-35 fighter jet is a prospective replacement for the German air force’s fleet of Panavia Tornado fighter aircraft, ExecutiveBiz reported Friday. IHS Jane’s Defense Weekly reported Wednesday Germany looks to consider F-35 as its preferred choice am...
In reviewing last weeks market performance the Executive Mosaic GovCon Index (GCI) ended the week down 0.74 percent from Mondays opening price settling at 107.303. Twenty stocks declined for the week versus ten that advanced. The three major indices all closed mixed on Friday; the S&P500 closed down 0.09 percent to 2,582.30 while ...
TYSONS CORNER, VA, Nov. 10, 2017 ” A General Dynamics (NYSE: GD) business unit will help sustain the attack weapon control and fire control systems for the U.S. Navy‘s SSGN guided-missile submarines and the U.K. navy’s SSBN ballistic missile submarines under a $25.7 million contract, ExecutiveBiz reported Thursday. Th...
TYSONS CORNER, VA, Nov. 10, 2017 ” Raytheon (NYSE: RTN) will support the first phase of an approximately $1.54 billion Australian government program that seeks to build on the country’s air defenses under an estimated $9.3 million contract awarded to the company’s local business unit, ExecutiveBiz reported Thursday. Australia’...
TYSONS CORNER, VA, Nov. 10, 2017 ” Orbital ATK (NYSE: OA) has completed an acceptance test on the structural integrity of a motor composite case for the company’s Next Generation Launch space launch vehicles as it pushes to advance new rocket propulsion technologies, ExecutiveBiz reported Wednesday. The company said Tuesday the ...
TYSONS CORNER, VA, Nov. 10, 2017 ” Boeing (NYSE: BA) has collaborated with the Missile Defense Agency to load the 44th interceptor onto the Ground-Based Midcourse Defense system located at Fort Greely in Alaska, ExecutiveBiz reported Wednesday. The company said Tuesday the installation marks the completion of a Defense Department goal to i...
TYSONS CORNER, VA, Nov. 10, 2017 ” A Cubic (NYSE: CUB) business unit will continue to provide maintenance support for the North County Transit District’s automated ticketing machines and platform validators in San Diego, California, under a $3 million contract extension, ExecutiveBiz reported Wednesday. The company said Tuesday ...
Deborah Ricci, formerly senior vice president of finance and accounting at Constellis, has been promoted to chief financial officer of the Reston, Virginia-based risk management and operational support services contractor. Constellis said Thursday Ricci succeeds Barry Broadus and will oversee the company’s financial strateg...
Richard “Chip” Terry, a retired U.S. Air Force colonel and former acting chief information officer of the Military Health System, has been named vice president and client relations executive for federal health and defense programs at ASRC Federal. ASRC Federal said Thursday Terry will lead ASRC Federal’s partnership ...
