The State Department has approved Saudi Arabia’s request to purchase $1.15 billion in General Dynamics-built (NYSE: GD) Abrams battle tanks along with a suite of ground vehicle recovery systems from the U.S. government under a foreign military sales agreement between both countries. Twenty of the total 153 M1A2S Abrams tanks covered ...
AECOM (NYSE: ACM) reported third fiscal quarter earnings above the consensus analyst outlook Tuesday as revenue for the period fell year-over-year on continued softness in the oil and gas markets with exacerbated effects from the mid-year fire in Fort McMurray, Canada. Earnings for the quarter ended June 30 came in at 81 cents per share to...
Intelligent Decisions has sold the company’s U.S. Army communications and transmission systems business assets to Bethesda, Maryland-based government services contractor Tribalco after the Army Contracting Command approved the transaction. Tribalco said Friday the deal includes ID’s position as one of 12 awardees on a potential ...
Kevin Adler, a 16-year veteran of Microsoft (Nasdaq: MSFT), has joined Washington-based content management software vendor Metalogix as strategic account executive for the company’s U.S. state and local government business area. He brings extensive knowledge of Microsoft’s ecosystem and integrated technology offering...
The GovCon Index stumbled Monday and failed to carry over momentum from Friday’s strong July jobs report as declines by major defense primes weighed on the GCI and losses by healthcare shares dragged down U.S. stocks. GovCon Index laggers outnumbered gainers by a 2-to-1 ratio and four of its 11 S&P 500-li...
TYSONS CORNER, VA, Aug. 8, 2016 ” Orbital ATK (NYSE: OA) has delivered the first two Iridium (Nasdaq: IRDM) NEXT satellites to Vandenberg Air Force Base in preparation for the scheduled satellite launch on Sept. 19, ExecutiveBiz reported Thursday. Spaceflight Now reported Wednesday Orbital ATK transported the Iridium NEXT satelli...
TYSONS CORNER, VA, Aug. 8, 2016 ” CyrusOne (Nasdaq: CONE) plans to redevelop its newly acquired 129, 064-square-foot shell building in Sterling, Virginia into a data center to support enterprise clients’ large-scale information technology deployments, ExecutiveBiz reported Friday. The facility will be e...
TYSONS CORNER, VA, Aug. 8, 2016 ” Lockheed Martin‘s (NYSE: LMT) mission systems and training business will operate under the rotary and mission systems brand beginning Sept. 5 in a change that seeks to reflect the company’s expanded portfolio following the acquisition of Sikorsky Aircraft, ExecutiveBiz reported Friday...
TYSONS CORNER, VA, Aug. 8, 2016 ” General Dynamics (NYSE: GD) will provide the high-frequency, third-generation Automatic Link Establishment system to support the U.S. Navy‘s AN/USC-61(C) digital modular radios under a new contract modification, ExecutiveBiz reported Friday. The company said Thursday the high-frequency...
TYSONS CORNER, VA, Aug. 8, 2016 ” John Lee, vice president of cloud services and program manager for the Solutions for Enterprise-Wide Procurement vehicle at Carahsoft, has said the NASA contract platform serves to drive cloud adoption at federal agencies, ExecutiveBiz reported Wednesday. Lee wrote in a blog post published Tuesda...
