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Lockheed Martin (NYSE: LMT) has won a potential $1.17 billion contract from the U.S. Navy to engineer sonar technology under the Technical Insertion 18-20 Acoustic Rapid Commercial-Off-The-Shelf Insertion program. The Defense Department said Thursday the contract with an initial value of $130.8 million covers engineering development suppor...
Edward Morche, a 16-year Level 3 Communications (NYSE: LVLT) veteran, will serve as president of strategic enterprise, federal government and state government business unit at CenturyLink (NYSE: CTL) once the Monroe, Louisiana-based telecommunications firm completes its pending $34 billion acquisition of Level 3. Erich Sanchack c...
General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has received a $203.1 million contract modification to increase design support for the U.S. Navy‘s Columbia-class nuclear submarines. The service branch awarded the modification as part of the Navy and the U.K.’s joint Common Missile Compartment program, the Defense De...
The Executive Mosaic GovCon Index closed down for the third consecutive day 0.254 percent to 95.087. Advancing and declining shares were pretty much evenly split. The major indices showed little change on the day closing mixed with the S&P500 and DJIA down and the NASDAQ up. The S&P500 and DJIA markets traded in the positive range ...
Vencore on Wednesday filed with the Securities and Exchange Commission for an initial public offering to raise as much as $250 million. Chantilly, Virginia-based Vencore is led by Mac Curtis and provides cybersecurity, data management and systems support to U.S. federal civilian, intelligence and defense agencies. Curtis, an indu...
TYSONS CORNER, VA, June 22, 2017 ” Iridium Communications (Nasdaq: IRDM) is in its final preparations for the scheduled June 25 launch of the next batch of Iridium Next satellites aboard a SpaceX Falcon 9 rocket, ExecutiveBiz reported Tuesday. Get Connected reported Monday that this will be the second group of 10 satellites out of the...
TYSONS CORNER, VA, June 22, 2017 ” General Atomics has concluded the critical design review of the U.S. Air Force‘s Block 50 Advanced Cockpit Ground Control Station for remotely piloted aircraft, ExecutiveBiz reported Wednesday. The company said Tuesday its aeronautics systems business worked with Air Force pilots and ...
TYSONS CORNER, VA, June 22, 2017 ” Lockheed Martin (NYSE: LMT) has rolled out a C-130J Super Hercules military transport aircraft variant designed specifically for special operations forces and their international missions, ExecutiveBiz reported Wednesday. The company said Tuesday C-130J-SOF is the Super Hercules’ 10th prod...
Ken Newcomer, former vice president of business development at ICF (Nasdaq: ICFI), has joined program management services contractor MCR Federal as senior VP for business development. MCR said Wednesday Newcomer will be responsible for helping grow the company’s contract opportunities with the Defense Department and federal civi...
Antonio Neri, executive vice president and general manager of enterprise group at Hewlett Packard Enterprise (NYSE: HPE), has been promoted to president at the Palo Alto, California-based technology company. Neri will oversee HPE™s four primary business lines and the company™s HPE Next efforts that aim to streamline operations, seek new gr...
