TYSONS CORNER, VA, Feb. 15, 2017 ” Northrop Grumman (NYSE: NOC), Redstone Defense Systems and the U.S. Army have conducted a test flight of an updated UH-60V Black Hawk helicopter fitted with Northrop’s Integrated Avionics Suite, ExecutiveBiz reported Tuesday. Northrop said Monday the helicopter’s digitized cockpit with di...
TYSONS CORNER, VA, Feb. 15, 2017 ” Lockheed Martin (NYSE: LMT), Inmarsat and GMV will support Australia’s geoscience research agency in a program that aims to develop a testbed that would demonstrate the potential applications of Global Navigation Satellite Systems on positioning, navigation and timing, ExecutiveBiz re...
TYSONS CORNER, VA, Feb. 15, 2017 ” DigitalGlobe (NYSE: DGI) and NTT Data (NYSE: NTT) have teamed to offer elevation data to imagery customers in efforts to expand their sales reach in the global imagery information market, ExecutiveBiz reported Tuesday. NTT Data said Tuesday its five-meter digital elevation model called AW3D...
Veritas Capital has raised $3.55 billion to fund future investments in technology-focused middle-market companies that support government-related and commercial organizations across various sectors. The private equity investment firm said Wednesday Veritas Capital Fund VI, which exceeded the target hard cap of $3 billion in four month...
Jeff Sessions, former Red River president, has been named CEO at the information technology company and successor to Rick Bolduc. Bolduc will move on as executive chairman of Red River’s board of directors, the company said Wednesday. “[Sessions is] an exceptional leader and strategist, passionate about our mission, committed t...
A General Dynamics (NYSE: GD) subsidiary has received a potential one-year, $126.5 million contract to provide long-lead time materials for the U.S. Navy™s Virginia-class submarines. General Dynamics Electric Boat will use the funds to obtain propulsion units, steam and electric plant components, turbine generators...
A business unit of Lockheed Martin (NYSE: LMT) has been awarded a $540.8 million contract modification to produce Trident II D5 fleet ballistic missiles for the U.S. Navy. The Defense Department said Tuesday that Lockheed’s space systems business will also support deployed Trident II missile systems under the modification. ...
Charles Cleveland, former commanding general of the U.S. Army‘s Special Operations Command, has joined Roboteam‘s board of directors. The retired Army lieutenant general will advise Roboteam leadership on efforts to develop unmanned ground vehicles that will support warfighter missions, the company said Tuesday. “Cle...
Raytheon (NYSE: RTN) has received a potential $128.5 million indefinite-delivery/indefinite-quantity contract to help the U.S. Air Force operate and maintain the service branch’s mobile sensors. The Defense Department said Tuesday Raytheon will provide non-personal services to sustain the availability of the Cobra King and Gray ...
The U.S. Navy has awarded SDV International, Standard Technology and Technology, Automation & Management separate contracts worth potentially $65 million in total to provide a range of medical documentation services. Task orders will include medical record coding, auditing and training services as well as clinical d...
