3M subsidiary Ceradyne will provide 177, 000 body armor plates to the U.S. armed forces under a $92.7 million contract from the Defense Logistics Agency. The Minnesota-headquartered company said Wednesday the lightweight “enhanced” small arms protective inserts are embedded into tactical vests in efforts to prote...
A team led by KeyLogic Systems has received a five-year, $112 million prime contract to provide mission execution and strategic analysis services to a U.S. Energy Department-run national laboratory that conducts research on energy and environmental technologies. KeyLogic said Tuesday it will support the National Energy Techn...
The GovCon Index mirrored losses by U.S. stocks Tuesday with a decline of 0.669 point to 77.421 as investors weighed the prospects of more than one interest rate hike by the Federal Reserve this year. Dennis Lockhart and John Williams, respective Fed presidents for Atlanta and San Francisco, indicated the central bank could ...
Joshua Rubin, formerly senior vice president of business development at Sevatec Inc., has been named SVP and chief growth officer of the company. The 12-year Sevatec veteran will oversee the company™s growth strategy for federal government contracts in his new position, Sevatec said Tuesday. œJosh™s 12 years of experience in this mark...
The GovCon Index posted its second gain of more than a full point in three weeks Monday to close up 1.052 points — or 1.366 percent — to 78.090. Contractor stocks rode the wave of positivity in U.S. markets after Warren Buffett’s Berkshire Hathaway investment arm disclosed its now-$1 billion ...
TYSONS CORNER, VA, May 16, 2016 ” The first three MH-60R Seahawk helicopters built by Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary for Denmark have been delivered as part of a foreign military sales deal, ExecutiveBiz reported Friday. The U.S. Navy said Wednesday it transported the helicopters from Sikorsky’...
TYSONS CORNER, VA, May 16, 2016 ” Salesforce (NYSE: CRM) and ID.me will work together to authenticate and assess the eligibility of applicants to the former’s VetForce veteran employment program, ExecutiveBiz reported Friday. ID.me’s verification technology will work to confirm the military status of applicants w...
TYSONS CORNER, VA, May 16, 2016 ” Philips (NYSE: PHG) will open a second community life center in Kenya in partnership with the United Nations Population Fund to provide community development and primary healthcare services, ExecutiveBiz reported Friday. The company said Thursday the facility in Mandera county will feature t...
TYSONS CORNER, VA, May 16, 2016 ” Angela Messer, an executive vice president at Booz Allen Hamilton (NYSE: BAH), has said collaboration between employees with different specializations works to drive the company’s cyber practice, ExecutiveBiz reported Thursday. She told the Washington Business Journal in an interview published Thursd...
The State Department has cleared Egypt™s request to buy UGM-84L Harpoon Block II missiles, related equipment and support from the U.S. government under a potential $143 million foreign military sales agreement. Boeing (NYSE: BA) will serve as the principal contractor under the FMS deal that includes 20 Harpoon missiles, two encapsulated Ha...
