Matthew Bromberg, a 15-year veteran of United Technologies Corp. (NYSE: UTX) and president of the commercial engines aftermarket business of its Pratt & Whitney subsidiary, has been appointed to serve as president of the subsidiary’s military engines unit by May. Pratt & Whitney said Tuesday that Bromberg will succeed th...
Enlightenment Capital has invested in Ashburn, Virginia-based information technology security company Telos in a move to help expand the latter’s portfolio of cybersecurity products and service offerings into new markets. Telos said Tuesday it also plans to implement new technology research-and-development initiatives ...
The U.S. Navy has awarded nine companies positions on a potential five-year, $249.8 million contract to provide logistics and program management support services to the Naval Air Systems Command™s logistics integration department. The Naval Air Warfare Center Aircraft Division in Maryland received 11 bids for the cost-plus-fixed-fee, indef...
The Defense Logistics Agency has awarded a potential $60.6 million blanket purchase agreement to KPMG and a separate $32.6 million BPA to St. Michael’s for financial stewardship and sustainment support services to DLA. Each firm-fixed-price BPA contains one base year plus four option years and the contracts have a...
Executive Mosaic’s GovCon Index closed flat Tuesday with large prime aerospace contractors the main laggards and services companies the predominant gainers as U.S. stocks also fell on continued investor uncertainty over White House policies. GovCon Index decliners outnumbered gainers 18-12 as three of its 11 S&P 500 com...
Francois Locoh-Donou, senior vice president and chief operating officer of Ciena (NYSE: CIEN) will join F5 Networks (Nasdaq: FFIV) on April 3 as president and CEO of the Seattle-based application delivery networking technology provider. Locoh-Donou will also sit on F5™s board of directors and succeed the retiring John McAdam, F5 said ...
Executive Mosaic’s GovCon Index posted its largest decline in seven weeks Monday as the general U.S. stock market also saw increased selling activity amid investor concern over the Trump administration’s immigration measure to bar entry into the U.S. from seven Middle East countries. Only three of the GovCon Index’s 30 co...
TYSONS CORNER, VA, Jan. 30, 2017 ” The General Services Administration has awarded a General Dynamics (NYSE: GD) business unit authority to provide cyber services under four new special item numbers in the agency’s IT Schedule 70 contract vehicle, ExecutiveBiz reported Friday. The company said Thursday its informa...
TYSONS CORNER, VA, Jan. 30, 2017 ” Boeing (NYSE: BA) has unveiled the spacesuit that the crew of the company’s CST-100 Starliner spacecraft will wear during NASA missions to low-orbit destinations, ExecutiveBiz reported Friday. The company said Wednesday the Boeing Blue spacesuit is designed to protect astronauts durin...
TYSONS CORNER, VA, Jan. 30, 2017 ” Lockheed Martin (NYSE: LMT) has opened a new office in Littleton, Colorado, for its autonomous systems business unit, ExecutiveBiz reported Friday. Denver Business Journal reported Wednesday the industrial space is designed to support Lockheed’s efforts to develop new autonomous ...
