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TYSONS CORNER, VA, Feb. 2, 2017 ” Raytheon (NYSE: RTN) will work with the U.S. Air Force to build an updated signal processor for the Advanced Medium Range Air-to-Air Missile in effort to extend the weapon’s production beyond 2020, ExecutiveBiz reported Wednesday. The company said Tuesday the update is part of the...
TYSONS CORNER, VA, Feb. 2, 2017 ” Microsoft (Nasdaq: MSFT) and Johns Hopkins University Applied Physics Laboratory have partnered with the U.S. Navy to determine potential naval applications of augmented reality technology, ExecutiveBiz reported Wednesday. The Navy said Tuesday the disruptive technology laboratory at Naval S...
The State Department has given South Korea the green light to procure Raytheon-built AGM-65G-2 Maverick and AIM-9X-2 Sidewinder missiles under two foreign military sales agreements worth approximately $140 million combined. South Korea requested to purchase 89 Maverick missiles, containers and related support under a potential $70 mil...
Gary Tenison, formerly vice president of marketing and business development at Kaman‘s (NYSE: KAMN) aerospace group, will officially join Triumph Group on Feb. 13 as VP of business development. Triumph said Wednesday that Tenison will bring to the company more than 30 years of aerospace industry experience. “...
Northrop Grumman (NYSE: NOC) and BAE Systems have ended a joint pursuit of the U.S. Air Force™s T-X trainer aircraft program, Breaking Defense reported Wednesday. œThe companies have decided not to submit a proposal for the T-X Trainer program, as it would not be in the best interest of the companies and their shareholders, ...
Lockheed Martin (NYSE: LMT) has been awarded a potential four-year, $166 million contract to provide automatic test equipment and support services to the U.S. Navy. The Defense Department said Wednesday the contract covers full-rate production of 36 electronic Consolidated Automated Support Systems as well as sustaining...
The Defense Logistics Agency has awarded contracts to 13 companies to supply DLA’s energy organization with multiple types of fuel. Each indefinite-delivery/indefinite-quantity contract has a 30-day carryover period and a one-year performance period, the Defense Department said Tuesday. Thirty offers were submitted to ...
Richard Foster, a 35-year veteran of the Canadian armed forces and a retired major general, has been appointed corporate vice president of L3 Technologies‘ (NYSE: LLL) business unit in Canada. He will manage L3 Canada‘s overall operations and coordinate with the subsidiary’s business development team to hel...
Executive Mosaic’s GovCon Index pared its losses to close flat against a mostly positive session for U.S. stocks Wednesday after the Federal Reserve left interest rates unchanged and said it sees improvement in consumer and business sentiment. GovCon Index decliners outnumbered gainers 17-13 for a second straight sessi...
TYSONS CORNER, VA, Feb. 1, 2017 ” CGI (NYSE: GIB) will deploy its financial waste, fraud and abuse identification and tracking system at the Department of Veterans Affairs to deliver healthcare claims audit and recovery services, ExecutiveBiz reported Tuesday. The company said Monday its ProperPay system will support the&nbs...
