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TYSONS CORNER, VA, Feb. 23, 2017 ” Lockheed Martin (NYSE: LMT) has completed the first flight test of its second production-ready T-50A trainer aircraft at the company’s final assembly and checkout facility in South Carolina, ExecutiveBiz reported Wednesday. The company said Monday it aims to offer the T-50A in the U.S. Air...
TYSONS CORNER, VA, Feb. 23, 2017 ” Science Applications International Corp. (NYSE: SAIC) has unveiled an amphibious combat vehicle prototype that the company developed for the U.S. Marine Corps as a ship-to-shore transport for warfighters, ExecutiveBiz reported Wednesday. The company said Tuesday the rollout of the ACV 1.1 protot...
The U.S. Air Force has awarded 12 companies spots on a pair of contracts worth up to $925 million combined over 10 years for lifecycle support and analysis of cryptographic and information assurance platforms. Seven firms will vie for materiel solutions analysis, technology maturation and risk reduction, engineering and...
Charles Woodburn, chief operating officer at BAE Systems, will officially assume the chief executive role after Ian King retires from the British defense company at the end of June. “Since his appointment last year, Charles has made an important contribution to the company, bringing impeccable engineering credentials, broad internati...
Eight companies have received contracts worth a combined $17 million to help NASA advance small launch and space vehicle technologies under the second round of the agency’s Utilizing Public-Private Partnerships to Advance Tipping Point Technologies program. NASA said Thursday each contract contains a performa...
Aerojet Rocketdyne Holdings (NYSE: AJRD) has agreed to acquire L3 Technologies‘ (NYSE: LLL) Coleman Aerospace business for $15 million cash in a push to expand the former’s systems engineering and mission analysis expertise. Coleman Aerospace will be renamed “Aerojet Rocketdyne Coleman Aerospace Inc.”...
Executive Mosaic’s GovCon Index held flat as the U.S. stock bellwether S&P 500 composite index traded narrowly lower Wednesday after the most recent Federal Reserve meeting minutes indicated a desire among many policymakers to raise interest rates “fairly soon.” GovCon Index advancers slightly edge...
TYSONS CORNER, VA, Feb. 22, 2017 ” VMware (NYSE: VMW) and Intel‘s (Nasdaq: INTC) health and life sciences division have partnered to provide information and assessment services in an effort to help healthcare information technology organizations mitigate security risks, ExecutiveBiz reported Tuesday. The team will work to identify po...
TYSONS CORNER, VA, Feb. 22, 2017 ” A Microsoft (Nasdaq: MSFT) subsidiary in India has entered into an agreement with the government of Jharkhand to deploy cloud, mobile and machine learning technologies in support of the Indian state’s digital transformation initiative, ExecutiveBiz reported Tuesday. The company said F...
TYSONS CORNER, VA, Feb. 22, 2017 ” Lockheed Martin (NYSE: LMT) will produce laser-guided training rounds for Poland’s military under a $1.9 million contract from Megmar Logistics and Consulting, ExecutiveBiz reported Tuesday. This is Poland’s first procurement of the Enhanced Laser Guided Training Rounds under the F-16 Block 52...
