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CSRA (NYSE: CSRA) has agreed to purchase Annapolis Junction, Maryland-based Praxis Engineering Technologies for approximately $235 million in cash in a move to expand its capabilities in mission applications development and broaden its market presence in the intelligence community. Both companies expect to complete the acquisition by the t...
Mark Cherry, president and chief operating officer at Manassas, Virginia-based autonomous systems maker Aurora Flight Sciences, has been appointed to succeed Darryl Davis as vice president of Boeing™s (NYSE: BA) Phantom Works technology arm. Davis, who served as head of Phantom Works for a decade, will transition into a program management ...
Diana Gowen, a 30-year telecommunications and networking industry veteran, has joined New York-based communications firm MetTel as general manager and senior vice president of federal program. Gowen will work through the company™s Washington, D.C.-based office as she helps MetTel expand the delivery of communications platforms and services...
The Executive Mosaic GovCon Index (GCI) closed down for the second consecutive day to settle at 108.763 off 0.460 percent. Declining shares outpaced advancing 6 to 1. The three major indices closed mixed with the S&P500 and DJIA closing at new highs and the NASDAQ Composite ending the day in the negative The S&P500 closed up ...
TYSONS CORNER, VA, Oct. 17, 2017 ” Amazon Web Services (Nasdaq: AMZN) has entered into an agreement to work with the Organization of American States in efforts to educate and engage member nation-states on cybersecurity matters, ExecutiveBiz reported Monday. AWS said Friday the partnership will facilitate the publication of whitepapers, sc...
TYSONS CORNER, VA, Oct. 17, 2017 ” Amazon Web Services (Nasdaq: AMZN) and Microsoft (Nasdaq: MSFT) have collaborated to launch a deep learning library that will work to support the development, prototyping and deployment of machine learning models, ExecutiveBiz reported Monday. Microsoft said Thursday the open source Gluon platform se...
The Executive Mosaic GovCon Index (GCI) closed down 0.195 percent to settle at 109.179 as declining shares outpaced advancing almost 3 to 1. The three major indices all closed positive setting new record highs. The S&P500 closed up 0.18 percent to 2,557.64, while the DJIA was approaching the 23,000 mark settled at 22,956.96 a posi...
TYSONS CORNER, VA, Oct. 16, 2017 ” Raytheon (NYSE: RTN) latest Joint Standoff Weapon system variant has reached full operational capability under the U.S. Navy in support of its deployment to the fleet, ExecutiveBiz reported Friday. The Navy said Wednesday the network-enabled JSOW C-1 air-to-ground weapon, which has already been ...
TYSONS CORNER, VA, Oct. 16, 2017 ” General Dynamics (NYSE: GD) has entered into a cooperation agreement with Romania’s government to facilitate the in-country production of armored vehicles in partnership with Uzina Mecanica Bucharest, ExecutiveBiz reported Friday. Govnet reported Tuesday the agreement and memorandum of understanding...
TYSONS CORNER, VA, Oct. 16, 2017 ” General Atomics aims to build on its 2016 acquisition of technical services business Miltec with the increased production of cubesats and other small satellites for defense customers over the next years, ExecutiveBiz reported Friday. Space News reported Thursday the company is growing its invest...
