TYSONS CORNER, VA, April 5, 2017 ” Raytheon (NYSE: RTN) will perform technology risk reduction work on the Multi-Object Kill Vehicle platform under a $59.6 million contract from the Missile Defense Agency, ExecutiveBiz reported Tuesday. The Defense Department said Monday the company will assist MDA in efforts to build on the performan...
L3 Technologies (NYSE: LLL) has bought autonomous unmanned undersea vehicle manufacturer OceanServer Technology for an undisclosed sum, a move that Chairman and CEO Michael Strianese said marks L3’s expansion push into the UUV market. Fall River, Massachusetts-based OceanServer builds lightweight UUVs for military, commercial and int...
KeyW (Nasdaq: KEYW) has wrapped up its $235 million cash acquisition of Herndon, Virginia-based national security technology contractor Sotera Defense Solutions. Hanover, Maryland-based KeyW completed the transaction a month after it agreed to acquire Sotera as part of efforts to advance strategic growth and expand footprint...
The Executive Mosaic GovCon Index and major markets all closed slightly up as investors remain cautious about the state of the economy. Investors await the outcome of President Trumps meeting with Xi Jinping of China, the jobs report on Friday, and the release of the first quarter earnings results. GovCon Index advancers and decliners clos...
TYSONS CORNER, VA, April 4, 2017 ” Parsons has led a workshop in partnership with the Massachusetts Institute of Technology™s civil and environmental engineering department to cover infrastructure, smart cities and transportation research, GovCon Executive reported Friday. The company said Thursday the activity was held March and...
McAfee has officially launched as a stand-alone cybersecurity firm after Intel (Nasdaq: INTC) completed the spinoff of the latter’s security business through an approximately $4.2 billion deal with private equity firm TPG. Chris Young, a senior vice president and general manager at Intel, will serve as CEO of McAfee and Bry...
The Executive Mosaic GovCon Index and major markets all followed the auto stocks down as March reported weak vehicle sales, raising questionsconcerns about economic growth. Investors continue to watch closely developments on the global political and economic front. GovCon Index decliners outpaced advancers 6 to 1. In spite of its Frid...
TYSONS CORNER, VA, April 3, 2017 ” Parsons will provide engineering and technical services to NASA‘s Goddard Space Flight Center under the recently awarded Facilities Construction, Engineering and Technical Services III contract, GovCon Executive reported Thursday. The company said Wednesday the five-year contract also...
TYSONS CORNER, VA, April 3, 2017 ” CAE (NYSE: CAE) has received a contract to provide NATO personnel in Germany training and support services on the E-3A Airborne Warning and Control System aircraft, ExecutiveBiz reported Friday. The company said Thursday it will supply aircrew instructors and mission simulator operators, continu...
TYSONS CORNER, VA, April 3, 2017 ” Hughes Network Systems will provide its satellite-based HughesNet Gen5 internet service to federal, local and state government agencies through the General Services Administration‘s Information Technology Schedule 70 vehicle, ExecutiveBiz reported Friday. The company said Thursday the inte...
