Engility Corp. (NYSE: EGL) described to investors Thursday three third quarter contract wins and the loss of another as examples of its shift toward pursuits of larger “best-value” programs versus lowest-price, technically-acceptable work. A slide in the company’s third quarter earnings call presentati...
TYSONS CORNER, VA, Nov. 1, 2016 ” Matt Desch, CEO of Iridium (Nasdaq: IRDM), has said the company hopes to see SpaceX resume launch services within the year as the investigation continues into the explosion of a Falcon 9 rocket in September, ExecutiveBiz reported Monday. SpaceX has stated that it has discovered a way to...
Altamira Technologies has bought engineering services contractor APG Technologies for an undisclosed sum as part of efforts to strengthen existing customer relationships and expand geographic reach across the intelligence, defense and aerospace markets. APG works with customer agencies to help them manage complex information...
TYSONS CORNER, VA., November 1, 2016 — The Potomac Officers Club — a division of Executive Mosaic — rounds out speakers for their Fall 2016 Cybersecurity Summit. Join us for our annual Fall Cybersecurity Summit to hear from the FBI, OPM and DHS on the evolving insider threat and how organizations can be more active in...
Harris Corp. (NYSE: HRS) has agreed to sell its maritime energy communications business to global satellite services company SpeedCast International for $425 million in the military radio maker’s first divestiture since its August agreement with activist hedge fund Jana Partners. This move is part of Harris’ larger effort ...
Three GovCon Index-listed government contractors and one also included in the S&P 500 composite index posted quarterly financial results before markets opened Tuesday. Co-listed Harris Corp. (NYSE: HRS) posted fiscal year 2017 first quarter results above Wall Street’s consensus forecasts and in conjunction announced a $425 m...
Hewlett Packard Enterprise (NYSE: HPE) has completed its acquisition of high-performance computing technology provider Silicon Graphics International for $275 million to add new data analytics technology and pursue HPC market growth. HPE said Tuesday the deal also brings new service offerings in addition to the product line as private and ...
Jeff McCray, former vice president of international business development at BAE Systems, has joined Huntington Ingalls Industries (NYSE: HII) to serve in the same role and lead a new office that HII will open in Canberra, Australia. He will report to Mike Smith, executive VP for strategy and development at HII, and oversee the development of...
Executive Mosaic’s GovCon Index traded in tight range Monday to record its third straight monthly decline with a second week of quarterly financial reports from GCI companies set to begin Tuesday morning. U.S. stocks also struggled for direction Monday in the start of the final full trading week before the presidential election Nov. ...
TYSONS CORNER, VA, Oct. 31, 2016 ” Rebecca Cowen-Hirsch, a senior vice president at Inmarsat, has said the company’s Global Xpress commercial satellite network could help address the mobile needs of government users, ExecutiveBiz reported Wednesday. Global Xpress is a commercial Ka-band network designed to work with government military sa...
