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Lisa Atherton, formerly executive vice president of military business at Textron‘s (NYSE: TXT) Bell Helicopter subsidiary, has been appointed president and CEO of Textron Systems. She replaces Ellen Lord, who will be nominated by President Donald Trump as undersecretary of defense for acquisition, technology and logistics, Textron said Wednesd...

Lockheed Martin (NYSE: LMT) has received a potential three-year, $257.8 million contract modification from the U.S. Navy to supply alternate mission tools, pilot flight equipment and red gear to support the low rate initial production of lot 10 F-35 Lightning II fighter jets. The firm-fixed-price modification covers purchase...

A joint venture of PAE and Parsons has secured a potential $84.7 million contract from the U.S. Navy to carry out a range of base operations support services at Joint Region Marianas in Guam. DZSP 21 will provide management, administration, port operations, ordnance, material management, facility management, facility investment, electrical, ste...

The Executive Mosaic GovCon Index closed up sharply 1.413 percent to 95.454. Posting the single largest daily gain for the month. 29 of the 30 stocks that make up the GovCon Index advanced on the day. Navistar International lead the index, up 6.66 percent as the company announced key executive changes at the top. The major indices...

TYSONS CORNER, VA, June 28, 2017 ” Battelle will work to support the U.S. Army‘s Tank Automotive Research, Development and Engineering Center in efforts to address sustainment challenges associated with military support technologies under a $20 million contract, ExecutiveBiz reported Tuesday. The company said Monday it will...

John Celli, president of SSL (Space Systems Loral,) will be stepping down after serving the satellites and spacecraft systems company for 36 years, MacDonald, Dettwiler and Associates Ltd. (TSX:MDA), announced Wednesday. Dario Zamarian has been appointed Group President and Paul Estey has been appointed Executive Vice President and Chief O...

Boeing (NYSE: BA) has expanded the responsibilities of Greg Smith, chief financial officer and executive vice president of corporate development and strategy, to include leadership over business performance, innovation and corporate functional excellence. Smith will have the dual role of CFO and EVP for enterprise performance and strategy begin...

The former Air Force deputy chief of staff for intelligence, surveillance and reconnaissance Lt. Gen. David Deptula has a new report that offers the Defense Department suggestions as it writes a 25-year plan for unmanned aircraft. The U.S. military needs to overhaul the way it is buying and managing drones, says Deptula, who is now...

Engility (NYSE: EGL) has received a potential five-year, $119 million contract to support a national-level logistics enterprise resource planning system used at various U.S. Army and Defense Department facilities. The company said Wednesday it will provide subject matter expertise, administrative support, program and product managemen...