ERAPSCO, a joint venture of Sparton Corp. (NYSE: SPA) and Ultra Electronics Holdings, has received a pair of subcontracts worth up to $30.3 million over five years to supply sonobuoys to the U.S. Navy. Sparton said Thursday ERAPSCO will provide production subcontracts worth $18.5 million and $11.8 million to Ultra Electronics USSI and Spar...
Executive Mosaic’s GovCon Index pared losses Wednesday afternoon but closed lower for the session as McKesson Corp. (NYSE: MCK) and large primes weighed despite gains by all three of the U.S.’ major stock indices. GovCon Index gainers outnumbered decliners by a 2-to-1 ratio and six of its 11 S&P 500 stocks ad...
TYSONS CORNER, VA, Jan. 11 2017 ” Boeing (NYSE: BA) has delivered the 50th P-8A Poseidon aircraft to the U.S. Navy in support of the service branch’s anti-submarine and anti-surface warfare and intelligence, surveillance and reconnaissance operations, ExecutiveBiz reported Monday. The Navy said Thursday the company del...
TYSONS CORNER, VA, Jan. 11, 2017 ” L3 Technologies‘ (NYSE: LLL) commercial training solutions business unit has partnered with the U.K.’s Surrey County Council to construct an airline training center and aircraft simulator production facility in London, ExecutiveBiz reported Tuesday. The company said Monday the L3 Lon...
TYSONS CORNER, VA, Jan. 11, 2017 ” The U.S. Navy looks to extend BAE Systems‘ development work on a pulsed power technology for the shipboard electromagnetic railgun weapon system through a contract modification, ExecutiveBiz reported Tuesday. Military & Aerospace Electronics reported Monday the potential sole-source aw...
TYSONS CORNER, VA, Jan. 11, 2017 ” Leidos‘ (NYSE: LDOS) digital solutions subsidiary will offer Quorum Analytics‘ legislative and dialogue tracking software to elected federal, state and local officials as part of an exclusive reseller agreement between the two companies, ExecutiveBiz reported Tuesday. The partnership loo...
TYSONS CORNER, VA, Jan. 11, 2017 ” Microsoft‘s (Nasdaq: MSFT) and Qualcomm‘s venture businesses have invested in the Israel-based cybersecurity startup creator Team8, ExecutiveBiz reported Monday. A article by Bloomberg™s Gwen Ackerman reported that Nagraj Kashyap, corporate vice president at Micro...
Phil Quade, former special assistant for cyber of the National Security Agency director, has joined Fortinet (Nasdaq: FTNT) as chief information security officer and strategic consultant to C-level enterprise clients. Fortinet said Tuesday Quade will oversee the company’s information security, compliance with global regulations and standa...
Miklos Kiss, a former program director at the Defense Security Cooperation Agency and retired U.S. Air Force colonel, has joined Advanced Concepts and Technologies International as director of international programs at the Arlington, Virginia-based acquisition management services contractor. ACT I said Tuesday Kiss oversees the compan...
Cambridge, Massachusetts-based knowledge discovery firm Diffeo has purchased Boston-based startup Meta Search for an undisclosed sum as part of efforts to expand search and discovery technology offerings. Diffeo said Tuesday it also renamed Meta Search™s platform to Diffeo Cloud Search as part of the acquisition. “Diffeo’s cust...
