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The U.S. Navy has awarded positions on a potential $15 million contract to Cobham, Teledyne Technologies (NYSE: TDY) and EDO for the replacement of obsolete parts of the AN/ALQ-99F tactical jamming system. The Defense Department said Tuesday contractors will compete for task orders to develop manufacture and ...
Executive Mosaic’s GovCon Index traded downward Tuesday on sharp declines in Boeing (NYSE: BA) and major services-oriented contractors while Harris Corp. (NYSE: HRS) soared 2.71 percent on news of its board of directors membership agreement with activist hedge fund Jana Partners. The GovCon Index declined 0.316 po...
TYSONS CORNER, VA, Aug. 2, 2016 ” A Fortinet (Nasdaq: FTNT) business unit has worked with Interpol to investigate and expose a cyber fraud ring that used online scams to steal more than $60 million from businesses around the world, ExecutiveBiz reported Monday. The company said Monday FortiGuard Labs provided threa...
TYSONS CORNER, VA, Aug. 2, 2016 ” CSRA (NYSE: CSRA) and Racemi have entered into a partnership to jointly market a suite of bundled services designed to support government customers migration to Amazon Web Services˜ (Nasdaq: AMZN) cloud computing platform or isolated GovCloud region, ExecutiveBiz reported Monday. C...
TYSONS CORNER, VA, Aug. 2, 2016 ” Red Hat (NYSE: RHT) and Microsoft (Nasdaq: MSFT) have extended their partnership to support public sector clients to adopt Microsoft’s cloud computing technology through the former’s open-source software subscriptions, ExecutiveBiz reported Thursday. Paul Smith, Red Hat public sector busin...
Harris Corp.’s (NYSE: HRS) guidance for its 2017 fiscal year started July 4 came in below Wall Street’s consensus forecast before markets opened Tuesday as the communications technology contractor anticipates pressure in its tactical and maritime energy businesses to continue. Melbourne, Florida-based military radio maker Harris cit...
General Dynamics (NYSE: GD) has been awarded a potential five-year, $149 million contract for systems development and threat detection services to the Defense Advanced Research Projects Agency as DARPA aims to achieve early detection of suspicious activity on its network. The company said Tuesday its mission systems business unit will offer its...
Paula Tolliver, a 20-year veteran of Dow Chemical, has joined Intel (Nasdaq: INTC) as corporate VP and CIO of the Santa Clara, California-based technology company. She will report to Chief Financial Officer Stacy Smith and succeed Kim Stevenson, who has held the CIO role over the past five years, Intel said Monday. Tolliver most recen...
Executive Mosaic’s GovCon Index traded higher Monday in mixed activity for U.S. stocks as Engility Holdings (NYSE: EGL) surged on a second quarter earnings beat with General Dynamics (NYSE: GD) and Cubic Corp. (NYSE: CUB) also as top performers. The GovCon Index added 0.252 points to 82.500 with four of the GCI’s 11 S&...
TYSONS CORNER, VA, Aug. 1, 2016 ” DynCorp International has received three task orders from the U.S. Air Force to deliver transient aircraft support and base operation services under the Air Force Contract Augmentation Program IV contract, ExecutiveBiz said Friday. The company said Thursday it received a $29 million task order fo...
