TYSONS CORNER, VA, Nov. 9, 2016 ” CAE (NYSE: CAE) has received an order from Airbus‘ defense and space business for two additional flight simulators for the C295 aircraft as part of a memorandum of understanding, ExecutiveBiz reported Tuesday. Airbus said Monday one of the simulators will be assigned to its international t...
As of 11:15 a.m. Eastern time, Executive Mosaic’s GovCon Index is trading up 4 percent and on pace to record its largest one-day gain since its October 2014 inception as investors have snapped up shares in large defense primes after the upset victory by Donald Trump in the U.S. presidential election. U.S. stocks seesawed between...
Cubic Corp. (NYSE: CUB) has promoted Paul Gierow to vice president for technology at the Cubic Mission Solutions division and Roark McDonald to VP and general manager of GATR Technologies, a business within the CMS division. Gierow will be responsible for driving and aligning CMS’ innovation and technolo...
GovCon Index-listed Vectrus (NYSE: VEC) said Tuesday the U.S. Army will seek revised proposals for a recompeted logistics contract the company originally was not selected for in late September as the program’s current iteration represents the largest the contractor’s portfolio. Vectrus added it is also awaiting a Governmen...
United Technologies Corp.‘s (NYSE: UTX) Pratt & Whitney subsidiary has received a $167.5 million contract to fund long-lead engine materials needed for the low-rate initial production of lot 11 F-35s. Pratt & Whitney will supply 48 F135-PW-100 fighter engines for the U.S. Air Force, four F135-PW-100s for the U.S. Na...
Paul Rempfer, formerly a principal at Booz Allen Hamilton (NYSE: BAH), has joined Reston, Virginia-based information technology services contractor STG Group as senior vice president of business development. STG said Tuesday he will coordinate with other STG senior executives and oversee capture, business development and pro...
J.F. Taylor has won a potential $75.4 million contract from the U.S. Navy to support the integrated combat environment and battlespace modeling and simulation units of the the Naval Air Warfare Center Aircraft Division. The military branch received two offers for the small business set-aside contract thro...
Executive Mosaic’s GovCon Index traded higher in conjunction with advances by U.S. stocks Tuesday as citizens cast their votes and investors looked for clues on the election’s final result. GovCon Index advancers outnumbered decliners at a 2-to-1 ratio and seven of its 11 S&P 500 companies moved green with General Dyna...
TYSONS CORNER, VA, Nov. 8, 2016 ” Rebecca Cowen-Hirsch, a senior vice president at Inmarsat, has stated that the adoption of Ka-band satellite communications services could help address the communication requirements of unified combatant commanders and other government officials, ExecutiveBiz reported Monday. The company’s Global Xpress c...
TYSONS CORNER, VA, Nov. 8, 2016 ” Davis Johnson, U.S. public sector vice president at Riverbed Technology, has stated that software-defined wide-area networking could support the federal government’s digital transformation efforts in spite of the challenges posed by legacy information platforms, ExecutiveBiz reported Monday. The SD-WAN wi...
