Boeing (NYSE: BA) has agreed to purchase Sunnyvale, Calif.-based autonomous maritime vehicle manufacturer Liquid Robotics for an undisclosed sum in the airplane maker’s strategy to create new information services functions between the ocean and space. Boeing said Tuesday its acquisition of the company behind the W...
TYSONS CORNER, VA, Dec. 6, 2016 ” Iridium Communications (Nasdaq: IRDM) has set a Dec. 16 launch date for the first batch of the company’s next-generation communication satellites, ExecutiveBiz reported Thursday. Ten initial NEXT satellites will launch from Vandenberg Air Force Base in California into low-earth orbit via&n...
TYSONS CORNER, VA, Dec. 6, 2016 ” Amazon Web Services (Nasdaq: AMZN) has added CACI International (NYSE: CACI) to an AWS-led program for technology partners that support customers’ cloud computing efforts, ExecutiveBiz reported Wednesday. CACI said Wednesday it also seeks to extend the firm’s cloud adoption ...
TYSONS CORNER, VA, Dec. 6, 2016 ” Lockheed Martin (NYSE: LMT) has updated the ground control system of the U.S. Air Force‘s Global Positioning System satellites as part of the GPS operational control segment modernization effort, ExecutiveBiz reported Friday. The Commercial Off-the-Shelf Upgrade #2 became fully operational ...
ŽSarasota, Fla.-based industrial and technology conglomerate Roper Technologies (NYSE: ROP) has agreed to purchase software and information product provider Deltek for $2.8 billion from private equity firm Thoma Bravo. Roper said Tuesday it expects to complete the transaction before the year’s end and will fund the deal through its existi...
Chuck Prow, a former head of IBM‘s (NYSE: IBM) global government business and a 12-year Big Blue veteran, has joined Colorado Springs-based government services contractor Vectrus (NYSE: VEC) as CEO and board of directors member in a transition that took effect Tuesday. Vectrus announced the transition in a Tuesday release and s...
L-3 Communications (NYSE: LLL) will transition to the new name of L3 Technologies on Dec. 31 in an effort to reflect the New York City-based defense contractor’s repositioning as a provider of technology products. The company will also transition its portal to the new address L3T.com and update the corporate logo while its ...
The State Department has approved Finland™s request to buy F/A-18 aircraft equipment and related services from the U.S. government under a potential $156 million foreign military sales agreement. Finland asked to procure 90 Multifunctional Information Distribution System Joint Tactical Radio Systems, test and training equipment, spare...
Space Systems Loral has been awarded a potential five-year, $127 million firm-fixed-price contract to support the development, deployment and operation of a robotic space vehicle for NASA’s in-orbit satellite servicing mission. SSL will provide spacecraft bus, critical hardware and associated services for the Restore-L ...
Executive Mosaic’s GovCon Index closed above the 90-point mark for the first time since its October 2014 inception as Huntington Ingalls Industries (NYSE: HII) and services contractors led gains to offset declines by Northrop Grumman (NYSE: NOC) and other defense primes on a positive day for U.S. stocks. Monday’s stro...
