A General Electric (NYSE: GE) subsidiary and United Technologies Corp. (NYSE: UTX) have each received a potential five-year, $1 billion contract to provide design, fabrication, testing and integration support services for the U.S. Air Force™s turbofan adaptive engines. The service branch awarded the sole-source contracts with pri...
The U.S. Army has awarded Alliance for Counter Narcoterrorism, CACI International (NYSE: CACI), Mission Essential Personnel and Leidos (NYSE: LDOS) a four-year, $480 million contract to provide support to the Defense Department‘s Counter-Narcoterrorism Technology Program office. DoD said Thursday the Army Space a...
Raytheon (NYSE: RTN) has received a potential $197.3 million contract to build anti-ship missile defense systems for the U.S. Navy and foreign customers under an international cooperative program. The Defense Department said Thursday that Raytheon will design and test the Evolved Sea Sparrow missile design agent as well as provide in-servi...
An ASRC Federal business unit has won a 10-year, $207.9 million contract with the U.S. Air Force to provide on-site test operations, engineering and technical personnel for the Air Force Research Laboratory. The Defense Department said Thursday personnel from ASRC Federal’s space and defense segment — ...
Airbus Group and Safran have completed the merger of their space launch operations through a joint venture in an effort to support commercial sector clients in Europe. Safran will pay approximately $835 million to Airbus in order to acquire a 50-percent stake in Airbus Safran Launchers joint venture, Airbus said Thursday. Airbus CEO Tom Enders...
Executive Mosaic’s GovCon Index added at least one full percentage point for the second session in three Thursday to complete a reversal of its losses stemmed from the two-day selloff in global financial markets after Britain’s Thursday vote to leave the European Union. The GovCon Index closed up 2.066 percent to 79.5...
TYSONS CORNER, VA, June 30, 2016 ” QTS Realty Trust‘s (NYSE: QTS) new 317, 000-square-foot data center in Chicago will open Friday to provide information technology support to government and enterprise clients, ExecutiveBiz reported Wednesday. The company said Tuesday the data center will offer 48, 000 square feet...
TYSONS CORNER, VA, June 30, 2016 ” Engility (NYSE: EGL) will support the U.S. Army‘s tactical intelligence gathering and dissemination efforts under a potential $24 million contract, ExecutiveBiz reported Wednesday. The company said Wednesday the contract is part of the Army’s Tactical Exploitation of National Capabilities...
TYSONS CORNER, VA, June 30, 2016 ” An ASRC Federal business segment has received a potential $190 million contract from the U.S. Air Force to support the operations and maintenance of Vance Air Force Base in Oklahoma, ExecutiveBiz reported Wednesday. The company said June 23 ASRC Federal Communications will work to assi...
Noel Samuel, former chief financial officer at immixGroup and a two-decade veteran of the commercial and government contracting sectors, has joined Bethesda, Md.-based public sector services contractor Abt Associates as CFO. Abt said Thursday Samuel holds close to 20 years of experience in roles related to corporate finance,...
