TYSONS CORNER, VA, July 22, 2016 ” Boeing (NYSE: BA) has received a $27.1 million contract from the U.S. Air Force to provide simulation equipment and support services for the service branch’s mission training center, ExecutiveBiz reported Thursday. The Defense Department said Wednesday the contract covers simulators for trainin...
TYSONS CORNER, VA, July 22, 2016 ” L-3 Communications (NYSE: LLL) has unveiled a new intelligence, surveillance and reconnaissance aircraft at the Farnborough Air Show in the U.K. as it eyes further expansion in the international market, ExecutiveBiz reported Thursday. FlightGlobal reported Wednesday the Spydr II twin-turboprop a...
Honeywell International (NYSE: HON) and Textron (NYSE: TXT) both posted second quarter earnings above analyst expectations before markets opened Friday. The GovCon Index and S&P 500-listed companies were mixed on the revenue front as Honeywell’s increased 2.25 percent from the prior year period but fell short of analyst estimates, whi...
Sean Bond, BondNation Advisors founding partner, will join Solon, Ohio-based technology and services provider HDT Global as its new president and CEO. HDT said Thursday Bond brings more than 20 years of experience in domestic and international defense programs from his previous work with Pratt & Whitney, Bell Helicopter, BAE ...
Humana (NYSE: HUM) and Health Net (NYSE: HNT) have won separate contracts from the Defense Health Agency to deliver managed care support services to the Military Health System under the Tricare program. Each of the cost-plus-fixed-fee contracts awarded to Humana’s government business and Health Net’s federal services business contai...
Boeing (NYSE: BA) will take $2.05 billion in total after-tax charges on second quarter earnings that include a $393 million writedown on the KC-46 refueling tanker for the Air Force when the airplane manufacturer reports April-June results Wednesday. The company said Thursday the charges amount to $3.23 in earnings per share with 63 c...
Executive Mosaic’s GovCon Index tumbled Thursday on large declines among defense prime companies as U.S. stocks traded lower on falling oil prices and mixed earnings reports among blue chips. The GovCon Index declined 0.694 points to 81.499 as none of the GCI’s 11 S&P 500-listed stocks closed at a ...
TYSONS CORNER, VA, July 21, 2016 — NEC Corp. of America has been included in Red Hat‘s (NYSE: RHT) Certified Cloud and Service Provider program after accomplishing all enterprise cloud deployment certification and testing requirements, ExecutiveBiz reported Tuesday. NEC said Monday it will utilize managed, multitenant...
TYSONS CORNER, VA, July 21, 2016 ” General Dynamics (NYSE: GD) has secured an $18.9 million contract modification from the U.S. Navy for the development of a payload module for the Virginia-class attack submarines, ExecutiveBiz reported Wednesday. The company said Tuesday the award covers two Virginia payload module pre-production uni...
TYSONS CORNER, VA, July 21, 2016 ” Deloitte has partnered with Cray to offer a cyber analytics service for government agencies that works to generate threat intelligence for the discovery, analysis and response to cyber threats, ExecutiveBiz reported Wednesday. The subscription-based Cyber Reconnaissance and Analytics service utilizes...
