The Government Accountability Office has said that Northrop Grumman™s (NYSE: NOC) proposal for the U.S. Air Force™s Long Range Strike Bomber program held œsignificant structural advantages over a bid by the team of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT), Bloomberg reported Wednesday. Anthony Capaccio and Julie Joh...
Orbital ATK (NYSE: OA) has received a potential five-year, $129.9 million contract from NASA to design and develop a satellite that works to provide images and measurements of the Earth’s land cover. NASA awarded the firm-fixed-price delivery order for the Landsat 9 spacecraft under the Rapid Spacecraft Acquisition III contract, the ...
Executive Mosaic’s GovCon Index closed above 80 points Tuesday for the first time in two weeks despite declines in the larger U.S. stock market after Lockheed Martin (NYSE: LMT) posted its best one-day advance in seven years surged on upbeat financial outlooks for this year and 2017 to lead all GCI gainers. GovCon Index lag...
TYSONS CORNER, VA, Oct. 25, 2016 ” Chris Sullivan, senior vice president and chief information officer at Serco‘s North American arm, will share insights on cybersecurity at a workshop for local businesses in Shenandoah Valley, West Virginia, on Thursday, GovCon Executive reported Monday. Sullivan will tackle methods to eva...
TYSONS CORNER, VA, Oct. 25, 2016 ” Microsoft (Nasdaq: MSFT) has established a new facility in India that will work to build on the company’s public-private partnership efforts and address cybersecurity challenges in the country, ExecutiveBiz reported Monday. Gadgets 360 reported Sunday the Cybersecurity Engagement Center in Indi...
Lockheed Martin (NYSE: LMT) has lifted its goal of international revenue from an initial goal of 25 percent originally set in 2014 to 30 percent in future years past 2016 as the defense contractor is “on track to exceed” the former benchmark this year, CEO Marillyn Hewson told investors Tuesday. Contributions from the company’...
Lockheed Martin (NYSE: LMT) unveiled revised full-year earnings and revenue guidance that exceeded Wall Street’s expectations Monday in the defense contractor’s first financial statement since the Aug. 16 spinout and merger of its former government services segment into Leidos Holdings (NYSE: LDOS). GovCon Index̵...
Erich Sanchack, formerly vice president of competitive enhancements at Lockheed Martin (NYSE: LMT), has been named senior VP of federal sales at CenturyLink (NYSE: CTL) in a move that takes effect Nov. 1. CenturyLink said Tuesday he will succeed Tim Meehan, who will transition to a new role as VP of ...
Paul Lundstrom, formerly vice president of investor relations at United Technologies Corp. (NYSE: UTX), has been appointed chief financial officer and vice president of finance at Aerojet Rocketdyne (NYSE: AJRD). Lundstrom will succeed the departing CFO Kathy Redd on Nov. 7 and will report directly to President and CEO Eileen Drake through the ...
NCI (Nasdaq: NCIT) has secured a potential five-year, $87 million contract to continue to support a technology platform the Centers for Medicare and Medicaid Services uses to track, review and report claims data under the Medicare Fee-For-Service program. The company said Monday the contract, won through a recompete, contain...
