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Lockheed Martin (NYSE: LMT) has received a potential $395 million contract modification to build the ninth and 10th Global Positioning System III space vehicles for the U.S. Air Force. The Air Force exercised an option in a previously awarded GPS III production contract and obligated $373.4 million for the modification from the military branch&...
Raytheon (NYSE: RTN) has received a potential six-year, $254.6 million contract to design, build, integrate and test a Joint Precision Approach and Landing System for the U.S. Navy. The Defense Department said Wednesday that Raytheon will continue to develop eight existing JPALS engineering development models and build ...
L-3 Communications (NYSE: LLL) has been awarded a potential $238.2 million contract by the U.S. Navy to develop and manufacture passive sonar receiver technology for installation on submarines. The Defense Department said Wednesday the company will provide a first article TB-29X towed array receiver unit, production tow...
Sujey Edward, formerly vice president of Salient CRGT™s Agile Innovation Center and Agile Center of Excellence, has joined Octo Consulting Group as chief technology officer. He will report directly to Octo founder and CEO Mehul Sanghani and be responsible for the Tysons Corner, Virginia-based contractor’s information technology ...
BAE Systems™ U.S. subsidiary has won a potential six-year, $84.7 million contract to design and develop Network Tactical Common Data Link systems for the U.S. Navy. The service branch awarded the firm-fixed-price, cost-plus-incentive-fee contract to BAE Systems Inc. through a competitive procurement process with four proposals received, th...
Sprint Federal Operations has received a potential $215.7 million contract modification to continue to help the Defense Information Systems Agency operate and maintain DISA’s fiber telecommunication systems in Europe. DISA issued the modification to exercise the second option year of a previously awarded contract and the ex...
BAE Systems Chief Operating Officer Charles Woodburn will assume responsibility for the British contractor’s defense operations and cybersecurity subsidiary in the U.K. ahead of CEO Ian King’s anticipated retirement in 2017, Reuters reported Wednesday. Sarah Young writes a BAE spokeswoman told Reuters the company has informed employ...
Executive Mosaic’s GovCon Index added 1 percent Wednesday to record its best session in two months and close above 80 points for the first time since Sept. 12 with 29 out of 30 stocks in positive after the Federal Reserve left benchmark interest rates unchanged and signaled a potential move in December. All of the GovCon...
TYSONS CORNER, VA, Sept. 21, 2016 ” DigitalGlobe‘s (NYSE: DGI) WorldView-4 imaging satellite will launch to space no earlier than Sept. 26 to capture panchromatic- and multispectral-resolution images of Earth, ExecutiveBiz reported Tuesday. United Launch Alliance said Sunday the launch of the Lockheed Martin-built (NYSE: LM...
TYSONS CORNER, VA, Sept. 21, 2016 ” Northrop Grumman (NYSE: NOC), prime contractor on the U.S. Air Force‘s B-21 program, has unveiled that the service branch’s future long-range strike bomber will be called the Raider, ExecutiveBiz reported Tuesday. The company said Monday Air Force Secretary Deborah Lee James announced th...
