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United Technologies Corp. (NYSE: UTX) is close to finalizing an agreement to buy Cedar Rapids, Iowa-based avionics contractor Rockwell Collins (NYSE: COL) as the industrial conglomerate aims to expand its aerospace business, Reuters reported Tuesday. A source familiar with the negotiations told Reuters the companies are close to reaching an ag...
Sean Pender, formerly a senior vice president and technology solutions group manager at Alion Science and Technology, has joined MCR as president of the company’s newly established solutions group. He brings more than 30 years of technology development and implementation experience in high-profile government and international client progr...
AM General has received a potential $2.21 billion contract from the U.S. Army to produce up to 11,560 High Mobility Multi-purpose Wheeled Vehicles. The Defense Department said Tuesday the company will deliver expanded capacity Humvees along with associated equipment and spare parts packages to foreign military sales customers. The Army Con...
A Textron Systems (NYSE: TXT) subsidiary and a General Atomics business unit have won spots on a potential eight-year, $499 million contract to help the U.S. Air Force research and develop aerospace vehicle platforms for warfighters. AAI Corp. and General Atomics Aeronautical Systems will perform work at their respective facilities in Mary...
AECOM (NYSE: ACM) has won a potential five-year, $95 million contract to provide multidisciplinary architect-engineer services for the U.S. Navy‘s Environmental Restoration Program that comprises installation restoration and munitions response efforts. The Defense Department said Tuesday AECOM’s technical services division will...
Boeing (NYSE: BA) has landed a $94.9 million contract modification to continue support for the U.S. Air Force‘s F-15 aircraft radar modernization effort. The Defense Department said Tuesday Boeing will deliver 13 RMP Group A kits, 13 RMP Group B kits, 38 RMP installs, 14 conformal fuel tank installs under the modification. ...
The Executive Mosaic GovCon Index (GCI) continued its upward direction to end the day at 100.917, positive 0.932 percent. Navistar International, ICF, Raytheon, and Rockwell Collins all topped the GCI with greater than 2.00 percent positive change on the day. Advancing shares outpaced declining 5 to 1. The major indices all close...
TYSONS CORNER, VA, Aug. 29, 2017 ” Tony Frazier, a senior vice president at DigitalGlobe‘s (NYSE: DGI) Radiant business, has said collaboration between government and industry in geospatial intelligence efforts will work to address intelligence community challenges and drive innovation, ExecutiveBiz reported Friday. Frazier wrot...
TYSONS CORNER, VA, Aug. 29, 2017 ” Iridium Communications (Nasdaq: IRDM) CEO Matt Desch has said the company’s Certus multi-service communications platform will be available commercially next year to support the maritime and aviation sectors, ExecutiveBiz reported Friday. Desch, an inductee into Executive Mosaic’s Wash100 ...
Elbit Systems has received a potential three-year, $93 million contract to modernize a fleet of F-5 fighter aircraft for an undisclosed Asia-Pacific country. The company said Tuesday the upgrade will cover head-up displays, advanced cockpit, radars, DASH IV head mounted systems and weapon delivery and navigation systems. Yoram Shmuely, gen...
