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TYSONS CORNER, VA, Nov. 2, 2016 ” Aerojet Rocketdyne (NYSE: AJRD) has completed several hot fire tests on two launch abort engines intended to support the propulsion system of Boeing‘s (NYSE: BA) CST-100 Starliner service module, ExecutiveBiz reported Tuesday. Aerojet Rocketdyne said Monday the tests sought to determine the capa...
TYSONS CORNER, VA, Nov. 2, 2016 ” Turkey’s defense procurement panel is set to acquire a second batch of Lockheed Martin-built (NYSE: LMT) F-35 Lightning II fighter aircraft through the multinational Joint Strike Fighter program, ExecutiveBiz reported Tuesday. Defense News reported Monday the country aims to build a new-generation aircraf...
TYSONS CORNER, VA, Nov. 2, 2016 ” Parsons has opened a new technology office in San Antonio, Texas, that will work to address the cybersecurity needs of local government and commercial clients, ExecutiveBiz reported Tuesday. The company said Monday the 14, 000-square-foot office includes new facilities designed to accommodat...
GovCon Index-listed contractor Booz Allen Hamilton (NYSE: BAH) lifted full fiscal year earnings and revenue guidance Wednesday as the government consulting and engineering services contractor also raised employee headcount during the second fiscal quarter ended Sept. 30. McLean, Virginia-based Booz Allen now expects $1.68-$1.75 earnings pe...
GovCon Index-listed contractor ICF (Nasdaq: ICFI) lifted full-year earnings guidance to a range above the consensus Wall Street forecast Tuesday and slightly increased revenue projections to a range in-line with analysts’ expectations. Fairfax, Virginia-based ICF said in its third quarter financial statement it expects...
The Defense Logistics Agency has awarded Fujifilm SonoSite a potential 10-year, $799.6 million contract for ultrasound machines, accessories and training support services. DLA received 27 offers for the firm-fixed-price, indefinite-delivery/indefinite-quantity contract through a competitive procurement, the Defense Department said Tuesday...
Bechtel‘s plant machinery organization will continue work on naval nuclear propulsion components for the U.S. Navy under a $532.4 million modification to a previously awarded contract. The Navy will obligate $520.5 million in fiscal 2017 shipbuilding and conversion funds at the time of award of the modification, the Defense...
Alan Stewart, former chief financial officer of Vistronix, has joined Systems Planning and Analysis as senior vice president and CFO at the Alexandria, Virginia-based professional services contractor. SPA said Friday that Stewart holds experience in positions related to business management, tax, investor relations, finance, accounting, mer...
Kristin Machacek Leary, formerly senior vice president of global human resources at Alphatec Spine, has been named VP and chief HR officer at Forcepoint — the cybersecurity joint venture of Raytheon (NYSE: RTN) and Vista Equity Partners. Forcepoint said Tuesday that Leary will be responsible for the organization’...
Washington-based private investment firm Enlightenment Capital has generated $147 million in capital commitments for its second fund in support of efforts to implement a strategy to invest in middle market firms in the aerospace, defense and government sector. Devin Talbott, managing partner at Enlightenment Capital, said in a statement re...
