The Defense Advanced Research Projects Agency has awarded Johns Hopkins University Applied Physics Laboratory a potential five-year, $98 million contract for engineering, development and research services. APL will help DARPA create and maintain a tool to support engineering and developmental efforts that seek the practical appli...
Executive Mosaic’s GovCon Index retreated Wednesday on declines by large prime and middle-tier services contractors that offset a surge by McKesson Corp. (NYSE: MCK) in a session that saw U.S. stocks trade in narrow range to close the month of November. U.S. market activity was dominated by the agreement among OPEC countrie...
The chief executives of Lockheed Martin (NYSE: LMT) and Raytheon (NYSE: RTN) described to investors Wednesday their expectations of the foreign military sales environment in light of oil price volatility worldwide and President-elect Donald Trump’s campaign suggestion that U.S. allies contribute more financial resources to their own defen...
TYSONS CORNER, VA, Nov. 30, 2016 ” General Atomics has performed the maiden test flight of the Certifiable Predator-B remotely piloted aircraft at the company’s Gray Butte Flight Operations Facility in California, ExecutiveBiz reported Tuesday. “The first flight of our Certifiable Predator-B aircraft is a major m...
TYSONS CORNER, VA, Nov. 30, 2016 ” American Systems will continue to deliver managed hosting and information technology services for the Defense Security Cooperation Agency‘s Security Cooperation Enterprise Solution under a five-year, $36.6 million task order, ExecutiveBiz reported Tuesday. The company said Monday it will ...
TYSONS CORNER, VA, Nov. 30, 2016 ” CAE (NYSE: CAE) has unveiled its new Medallion-6000XR image generator at the Interservice/Industry Training, Simulation and Education Conference military simulation and training event, ExecutiveBiz reported Tuesday. The tool is designed to develop three-dimensional simulations and allow Open Geospati...
TYSONS CORNER, VA, Nov. 30, 2016 ” Lockheed Martin (NYSE: LMT) will restructure its training and logistics systems business in an effort to boost client service efficiency and mitigate engineering, development and proposal costs, ExecutiveBiz reported Tuesday. The company said Monday it will categorize its training and logistics offerings into ...
TYSONS CORNER, VA, Nov. 30, 2016 ” Northrop Grumman (NYSE: NOC) has marked two milestones in a joint program between the Defense Advanced Research Projects Agency and U.S. Navy to develop an unmanned aerial system for medium-altitude, long-endurance missions, ExecutiveBiz reported Tuesday. The Tactically Exploited ...
Cubic (NYSE: CUB) has purchased U.K.-based embedded technology provider Vocality International for approximately $10 million in a push to add new expeditionary communications and ISR processing, exploitation and dissemination to its C4ISR portfolio. The acquisition adds new content and intellectual property to programs of record within C...
FLIR Systems (Nasdaq: FLIR) has acquired Oslo, Norway-based unmanned aerial systems manufacturer Prox Dynamics for approximately $134 million to create a new UAS business within the buyer’s surveillance segment. FLIR said Wednesday it also intends to expand its airborne sensor product line with the addition of Prox Dyn...
