TYSONS CORNER, VA, Aug. 17, 2016 ” Lockheed Martin‘s (NYSE: LMT) PAC-3 Missile Segment Enhancement interceptor system has reached initial operational capability status following a review by the U.S. Army, ExecutiveBiz reported Tuesday. The company said Tuesday it previously achieved Milestone C approval for P...
TYSONS CORNER, VA, Aug. 17, 2016 ” General Atomics has conducted a ballistic missile tracking test using a Predator B/MQ-9 Reaper remotely piloted aircraft equipped with Raytheon‘s (NYSE: RTN) Multi-spectral Targeting Systems-B electro-optical infrared turret system, ExecutiveBiz reported Tuesday. The test was held dur...
David Lockwood, CEO of U.K.-based electronics firm Laird, will succeed Bob Murphy as CEO of Cobham by Jan. 1, 2017. Murphy will leave his post by the end of 2016 and will be succeeded by Lockwood on the company™s board of directors, Cobham said Wednesday. “David has a background in defense and communications technology which are...
Connectec has secured a five-year, $96.7 million firm-fixed-price contract to provide mortar weapon components and related support equipment to the U.S. Army. The Defense Department said Tuesday the company will supply parts for 60mm and 81mm lightweight mortar weapons as well as mounts, baseplates, direct support tools...
Centra Technology has won a potential five-year, $70 million contract to perform technical advisory and assistance services at the Defense Threat Reduction Agency headquarters in Fort Belvoir, Virginia. DTRA will obligate $864, 925 for the initial task order under the indefinite-delivery/indefinite-quantity contract from its ope...
MBDA has received an estimated $239 million contract from the U.K. defense ministry to provide infrared air-to-air missiles for the country’s F-35 Lightning II fighter jet fleet. The Advanced Short Range Air-to-Air Missile will be the first missile from a U.K. company that will integrate with the Lockheed Martin-built (NYSE...
Roger Krone, chairman and CEO of Leidos (NYSE: LDOS), told CNBC in an interview aired Tuesday that he thinks that all U.S. presidents tend to act the same way when it comes to the country™s defense and security of its citizens. Krone made the comment in response to a question on the potential impacts of the change...
Executive Mosaic’s GovCon Index dropped at least one full net point Tuesday for the first time since June 24 on a sharp drop in Lockheed Martin (NYSE: LMT) shares upon the defense contractor’s completion of the spinoff and subsequent merger of its government and technical services business into Leidos Holdin...
TYSONS CORNER, VA, Aug. 16, 2016 ” BAE Systems has unveiled a cybersecurity and threat intelligence hub in Malaysia in support of cyber awareness and cyber technology adoption efforts in the country, ExecutiveBiz reported Monday. The company said Thursday the Malaysian Nerve Center in Kuala Lumpur will work alongside BAE’s&...
The National Geospatial-Intelligence Agency has awarded ManTech International (Nasdaq: MANT) a potential five-year, $322 million contract for information technology services. NGA said Monday that ManTech will operate and maintain the agency’s enterprise and cybersecurity environments under the contract with no additional details...
