ManTech International (Nasdaq: MANT) has secured a potential five-year, $87 million task order to help the Naval Surface Warfare Center Dahlgren Division test and evaluate weapons and combat systems. The company said Friday it will provide comprehensive T&E services across the U.S. Navy‘s weapons and combat systems pro...
Belcan, a portfolio company of private investment firm AE Industrial Partners, has purchased The Kemtah Group for an undisclosed amount in a strategy to expand the former™s government information technology services business. Belcan CEO Lance Kwasniewski said in a statement released Thursday the transaction comes five ...
Defense Secretary nominee James Mattis has agreed to resign from his board position at General Dynamics (NYSE: GD) and divest all of his business holdings with the company if the Senate confirms him as the next leader of the Defense Department, Politico reported Saturday. Jeremy Herb and Connor O™Brien write Mattis, who ...
Executive Mosaic’s GovCon Index registered a 0.162-point climb Friday to 89.761 and closed the week in the positive. Lockheed Martin (NYSE: LMT) was GCI’s top net performer while Honeywell (NYSE: HON) led the Index in percentage gained. The Index’s gain follows the latest jobs report from the Labor Dep...
Executive Mosaic’s GovCon Index closed the week slightly higher Friday as the Dow neared the 20.000 mark. The major markets enjoyed a shot in the arm from The Labor Department’s report that 156, 000 new jobs were added in December. Advancers equaled decliners on the day with the GovCon Index closing up 2.0% on the short...
TYSONS CORNER, VA, Jan. 6, 2017 ” The U.S. Air Force has awarded a General Atomics‘ business unit a two-year, $56.7 million order to add new units to Spain’s fleet of MQ-9 Reaper unmanned aerial vehicles, ExecutiveBiz reported Thursday. General Atomics Aeronautical Systems Inc. will provide MQ-9 aircraft and associated equ...
TYSONS CORNER, VA, Jan. 6, 2017 ” DJI and Seagate Technology (Nasdaq: STX) have entered into a partnership to create new technologies in an effort to address the data storage, download, management and sharing demands of large volumes of data generated from unmanned aerial vehicle, ExecutiveBiz reported Wednesday. With this partne...
TYSONS CORNER, VA, Jan. 6, 2017 ” A unit of Hewlett Packard Enterprise (NYSE: HPE) has unveiled a demonstration chip that will work to accelerate optical computation processes in support of a Defense Advanced Research Projects Agency mesoscale technology program, ExecutiveBiz reported Thursday. IEEE reported Monday Hewl...
TYSONS CORNER, VA, Jan. 6, 2017 ” Iridium Communications (Nasdaq: IRDM) CEO Matt Desch has stated the company’s Iridium NEXT satellite constellation project will seek to address the future requirements of government and private customers and provide a potential alternative to GPS navigation, ExecutiveBiz reported Thursday. ...
TYSONS CORNER, VA, Jan. 6, 2017 ” The Air Force Research Laboratory has awarded BAE Systems a five-year, $49 million contract to build, implement and maintain security platforms to support information dissemination between government networks, ExecutiveBiz reported Thursday. BAE said Thursday the systems will work to securely transfer...
