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...
A Tutor Perini Corp. (NYSE: TPC) subsidiary has received a potential $78 million contract from the U.S. Naval Facilities Engineering Command to design and construct a live-fire training complex at Naval Support Activity Andersen in Guam. Guam-based Black Construction Corp. will build four live-fire training ranges along with supporting str...
The Executive Mosaic GovCon Index (GCI) reversed last weeks positive direction to close down 0.048 percent to 99.823. Advancing and declining shares split evening on the day. The major indices closed mixed on a thinly traded day. The S&P500 moved ahead by 0.05 percent to 2,444.24, while DJIA lost 0.02 percent to 21,808.40, an...
TYSONS CORNER, VA, Aug. 28, 2017 ” Mike Cosgrave, senior vice president of the cyber development group at CACI International (NYSE: CACI), has said he sees a market opportunity for the company in the area of integrating cybersecurity measures for both pre-fielded and fielded platforms in line with the National Institute of Standards and Te...
TYSONS CORNER, VA, Aug. 28, 2017 — Serco‘s North American business will provide management services in support of the Texas transportation department’s Combined Transportation Emergency & Communications Center in Austin under a potential $7 million contract, ExecutiveBiz reported Friday. The company said Thursday ...
TYSONS CORNER, VA, Aug. 28, 2017 ” Northrop Grumman (NYSE: NOC) aims to update the RQ-4 Global Hawk unmanned aerial vehicle in response to a Missile Defense Agency requirement for a drone with capacity to carry heavy loads including a laser weapon, ExecutiveBiz reported Friday. Flightglobal reported Thursday that MDA’s high-altitude,...
TYSONS CORNER, VA, Aug. 28, 2017 ” Johns Hopkins University Applied Physics Laboratory has conducted a demonstration during the U.S. Navy‘s 2017 Trident Warrior Exercise to check the performance of a free-space optical communications system to connect ships at sea, ExecutiveBiz reported Friday. The lab said Thursday a ...
TYSONS CORNER, VA, Aug. 28, 2017 ” General Atomics has completed an endurance flight test of an extended-range variant of the MQ-1C Gray Eagle unmanned aircraft system in which it flew over a 41.9-hour period, ExecutiveBiz reported Friday. The company said Thursday the MQ-1C ER took off from El Mirage, California, for a...
Mike Poulos, technical director of U.S. federal operations at California-based cloud security services provider Qualys (Nasdaq: QLYS), has said federal agencies should develop a continuous monitoring program in order to protect their information technology infrastructure amid the increasing number of cyber threats. Poulos wrote that such a prog...
The Executive Mosaic GovCon Index (GCI) closed up for the week gaining 0.845 points to 99.871 posting the largest gain in three weeks. The major indices closed the week in the positive. The S&P500 advanced on the week by 0.70 percent to 2,443.05, while DJIA gained 0.69 percent to 21,813.67, and the NASDAQ Composite ende...
