A business unit of BAE Systems has secured a potential $183.8 million contract from the U.S. Navy to execute fiscal 2018 modernization work on a Whidbey Island-class dock landing ship. The Defense Department said Tuesday BAE’s Norfolk Ship Repair business will help the service branch maintain, update and repair USS Tortuga systems as...
Private equity investment firm H.I.G. Capital has bought Reston, Virginia-based program management and consulting services provider Whitney, Bradley and Brown for an undisclosed sum. WBB CEO Robert Olsen said in a statement published Tuesday the company aims to utilize H.I.G.’s resources in efforts to expand services for federal agency cu...
Tamara Jack, who left LMI in late 2015 after she previously served as director and associate general counsel, has returned to the Virginia-based nonprofit government consulting firm as senior vice president, chief legal officer and corporate secretary. Jack will oversee LMI’s legal and corporate governance functions in her ...
Kevin Davis, vice president for public sector at Splunk (Nasdaq: SPLK), has said government agencies seeking to comply with cybersecurity policies and data protection regulations should deploy a platform that works to automate the collection and analysis of large volumes of data. Davis wrote that implementing an automated system for c...
Michele Cook, a more than two-decade defense and intelligence market veteran, has been named senior vice president of business development at SOS International. SOSi said Monday Cook joins the company after she previously served as executive VP of business development at KeyW (Nasdaq: KEYW), which acquired Sotera Defense Solution...
TYSONS CORNER, VA, Nov. 13, 2017 ” BAE Systems and Northrop Grumman (NYSE: NOC) held a joint event early this month to mark their partnership in efforts to build the U.S. Air Force‘s B-21 Raider bomber aircraft, ExecutiveBiz reported Friday. Union Leader reported Wednesday Maj. Gen. Thomas Bussiere, commander of the Eighth Air F...
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...
