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TYSONS CORNER, VA, Oct. 30, 2017 ” General Atomics will collaborate with the University of Mississippi to develop acoustic-based navigation and sensing technologies that will work to support unmanned underwater vehicle platform systems for deep-sea missions, ExecutiveBiz reported Friday. The university said Thursday the partnership in...

TYSONS CORNER, VA, Oct. 30, 2017 ” Lockheed Martin (NYSE: LMT) and Spain’s Navantia shipbuilder have entered into a renewed partnership to explore possible business opportunities in naval combat systems and surface ships, ExecutiveBiz reported Friday. The alliance will also work to deliver the Aegis Combat System and Spain-made senso...

TYSONS CORNER, VA, Oct. 30, 2017 ” Northrop Grumman (NYSE: NOC) has rolled out a sunshield subsystem for NASA‘s James Webb Space Telescope that utilizes five NeXolve-manufactured layers made of Kapton that work to protect the observatory’s optics, ExecutiveBiz reported Friday. The company said Thursday it ha...

The Executive Mosaic GovCon Index (GCI) continued to drop for the sixth consecutive day to close at 107.751 off 0.672 percent. Declining shares outpaced advancing 3 to 1. The three major indices all declined for the day. The S&P500 closed down 0.32 percent to 2,572.83, while the DJIA closed at 23,348.74 a negative 0.36 percent and...

TYSONS CORNER, VA, Oct. 30, 2017 ” Thales has enabled an extended encryption capability for Red Hat‘s (NYSE: RHT) OpenShift Container Platform in efforts to implement access control and logging for sensitive data, ExecutiveBiz reported Friday. The Vormetric Transparent Encryption tool will work to secure Red Hat OpenShift Container P...

Michael Strianese, chairman and CEO at L3 Technologies (NYSE: LLL), has said the company has begun to assess strategic alternatives for Vertex Aerospace business after the New York-based aerospace and defense contractor posted a goodwill impairment charge for Vertex during the third quarter of 2017. Strianese said in a statement issued Thursday L3 r...

Iridium Communications (Nasdaq: IRDM) recorded $22 million in government service revenue with 95,000 government subscribers during the third quarter of 2017. Iridium said Thursday government data and voice subscribers rose 14 percent to 40,000 during the third quarter ended Sept. 30, compared with the same period last year. The McLean, Virginia-base...

The Executive Mosaic GovCon Index (GCI) closed Friday down 1.62 points or 1.47 percent from Monday’s open, settling at 108.162. McKesson Corp. was down 5.52 percent for the day at Friday’s close. The three major indices all advanced Friday with the S&P500 and NASDAQ Composite reaching new highs. The S&P500 closed u...

TYSONS CORNER, VA, Oct. 27, 2017 ” MapR Technologies has received recognition for its converged data platform offering that works to manage the big data of enterprise customers, ExecutiveBiz reported Tuesday. The company said Oct. 19 it was awarded the “Best Big Data Product or Technology” in the internet-of-things ca...

TYSONS CORNER, VA, Oct. 27, 2017 ” Iron Mountain (NYSE: IRM) has established a new 22,000-square-foot data management facility in Kansas that will work to provide document storage and shredding services to customers, ExecutiveBiz reported Thursday. The company said Wednesday the facility has a storage capacity of 350,000 records boxes...