Lockheed Martin (NYSE: LMT) has purchased a minority stake in San Diego-based semiconductor firm IQ-Analog for an undisclosed amount through the former™s venture capital arm, the Wall Street Journal reported Thursday. Doug Cameron writes the move is part of Lockheed™s efforts to tap emerging technology firms as the Defense Depart...
The U.S. Navy has awarded Lockheed Martin‘s (NYSE: LMT) aeronautics business a $181.2 million contract modification to perform recurring logistics and sustainment work on F-35 fighter jets for U.S. and foreign military customers. The modification covers ground maintenance, action request resolution, depot activation, operations ...
Three companies have secured positions on a potential five-year, $99.5 million contract to help the U.S. Army load, assemble and pack 60- and 81-millimeter high-explosive mortar cartridges. American Ordnance, Day & Zimmermann and Canadian Commercial Corp. will perform services under the shared firm-fixed-price contract through&nbs...
Tony Mathis, a senior account executive at General Electric‘s (NYSE: GE) aviation segment, has been promoted to serve as vice president and general manager of GE Aviation’s military systems organization. Visal Leng was also named Asia Pacific president and CEO of GE’s oil and gas business as Jennifer Waldo...
Executive Mosaic’s GovCon Index inched higher Thursday to end its three-day streak of declines on a large gain by Huntington Ingalls Industries (NYSE: HII) and contributions from services-oriented companies as U.S. stocks also climbed after the release of new economic data. GovCon Index gainers edged decliners 16-14 as six ...
TYSONS CORNER, VA, Dec. 15, 2016 ” Boeing (NYSE: BA) has delivered the first of 14 updated E-3A Airborne Warning and Control System aircraft to NATO in support of the organization’s $257 million modernization effort, ExecutiveBiz reported Wednesday. The company said Wednesday the AWACS units feature cockpit updates suc...
TYSONS CORNER, VA, Dec. 15, 2016 ” Microsoft (Nasdaq: MSFT) has unveiled that the Azure Blueprint platform for processing “authority to operate” designations is available to support the high baseline system of the Federal Risk and Authorization Management Program, ExecutiveBiz reported Wednesday. A company blog post published T...
TYSONS CORNER, VA, Dec. 15, 2016 ” ICF (Nasdaq: ICFI) will provide data analytics services to the Centers for Disease Control and Prevention under contracts potentially worth a total of $44.5 million, ExecutiveBiz reported Wednesday. The company said Tuesday it won positions on two blanket purchase agreements with the National Center ...
TYSONS CORNER, VA, Dec. 15, 2016 ” BAE Systems‘ Australian business has partnered with the University of South Australia and the University of Adelaide as part of a potential 10-year, $10 million investment in technology development efforts for the Australian military, ExecutiveBiz reported Wednesday. The company said Tuesday th...
TYSONS CORNER, VA, Dec. 15, 2016 ” Cameron Chehreh, chief technology officer of Dell EMC‘s federal business, has said cybersecurity and digital transformation are two areas that will trend in the federal information technology sector in 2017 as the next administration takes office. Chehreh told ExecutiveBiz in an inter...
