TYSONS CORNER, VA, Dec. 16, 2016 ” NTT Data (NYSE: NTT) will operate and maintain the SAP-based business management platform of the California State Teachers’ Retirement System as part of a five-year agreement, ExecutiveBiz reported Wednesday. “CalSTRS was seeking a vendor that would be able to support expansion of their S...
Raytheon (NYSE: RTN) has secured a potential five-year, $459 million indefinite-delivery/indefinite-quantity contract to begin full-rate production of cryptographic units designed to help the U.S. Air Force secure voice and data communications. The Defense Department said Thursday the company will build the devices in Indian...
A joint venture of Boeing (NYSE: BA) and Bell Helicopter has received two contract modifications worth potentially $411.9 million combined to repair various parts of the U.S. Navy‘s V-22 Osprey tiltrotor aircraft. The Bell Boeing Joint Program Office secured a $246.2 million delivery order modification that c...
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...
