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TYSONS CORNER, VA, Sept. 8, 2016 ” Raytheon (NYSE: RTN) will provide center display units for the U.S. Air Force‘s F-16 fighter aircraft under an $8.8 million contract, ExecutiveBiz reported Wednesday. The Defense Department said Tuesday Raytheon will both retrofit and maintain 130 display units for the Air Force F-16 fleet thro...
TYSONS CORNER, VA, Sept. 8, 2016 ”The Defense Department voiced support for Lockheed Martin‘s (NYSE: LMT) and Boeing‘s (NYSE: BA) plans to establish manufacturing for their F-16 and F-18 fighter jets in India under the Make in India project, ExecutiveBiz reported Tuesday. The companies will lead technology t...
TYSONS CORNER, VA, Sept. 8, 2016 ” South Korea may purchase four Boeing-developed (NYSE: BA) P-8 Poseidon maritime surveillance aircraft as North Korea continues test firings of its submarine-launched ballistic missiles, ExecutiveBiz reported Wednesday. The country seeks an anti-submarine aircraft equippe...
Science Applications International Corp. (NYSE: SAIC) reported second quarter earnings above analyst forecasts before markets opened Thursday with a year-over-year increase to net income in part on lower acquisition and integration costs. GovCon Index-listed SAIC said earnings for the quarter ended Aug. 5, 2016 came in at 85 cents per share versu...
L-3 Communications (NYSE: LLL) has agreed to acquire Australia-based electronic warfare subsystems provider Micreo for an undisclosed amount. L-3™s electronic systems segment will absorb Micreo and adopt the name L-3 Micreo when the transaction closes in September following completion of standard closing conditions, L-3 said Wedn...
The U.S. Air Force has awarded Lockheed Martin (NYSE: LMT) a $132.6 million contract modification to provide two KC-130J Super Hercules configured aircraft to France under the foreign military sales program. Lockheed’s aeronautics segment will perform contract work at a company facility in Marietta, Georgia t...
Mary McDowell, an executive partner at Siris Capital Group, will join gobal communications services provider Polycom (Nasdaq: PLCM) as CEO once the latter company completes its merger with a Siris Capital affiliate. Polycom said Wednesday McDowell will succeed Peter Leav, who will continue to serve as CEO and board member until the completion of the...
Lockheed Martin (NYSE: LMT) has received a potential seven-year, $395 million contract to provide support services to a Department of Homeland Security-managed facility that monitors cyber threats across DHS information systems. Lockheed will help DHS run its Security Operations Center under the indefinite-delivery/indefinite-quantity...
Huntington Ingalls Industries (NYSE: HII) has received a two-year, $109.9 million contract modification to design and engineer nuclear submarines for the U.S. Navy. The company will also work to manage configurations and database, support logistics, perform research and development and provide special mission submersible interfaces under t...
SNC Manufacturing has been awarded a $102.2 million contract modification by the Defense Logistics Agency to supply combat uniform coats to the U.S. Army and Afghanistan. The Defense Department said Wednesday the modification exercises the fourth option in a previously awarded indefinite-delivery/indefinite-quantity&nbs...
