TYSONS CORNER, VA, April 22, 2016 ” Concurrent Technologies Corp. has partnered with the University of Pittsburgh at Johnstown to provide research opportunities for engineering students at the university, GovCon Executive reported Wednesday. The company said Tuesday it will also help Pitt-Johnstown develop research concepts,...
TYSONS CORNER, VA, April 22, 2016 ” The U.S. Air Force has flown a General Atomics-built Predator C Avenger unmanned aerial vehicle carrying sensors from United Technologies Corp. (NYSE: UTX) in a series of flight demonstrations, ExecutiveBiz reported Tuesday. Chris Pehrson, strategic development senior director at General Atomics’ a...
Honeywell International (NYSE: HON) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported first quarter earnings and revenue above Wall Street’s expectations on higher aerospace repair and overhaul volume and growing automation and control systems sales in China. The Morris Plains, N.J....
Smiths Group has agreed to purchase Safran™s Morpho Detection subsidiary in the U.S. and other detection-related operations for approximately $710 million. The companies said Thursday Newark, California-based Morpho Detection will join Smith Group’s detection segment that makes sensors and generated approximately $320 ...
The U.S. Air Force has awarded Hewlett Packard Enterprise (NYSE: HPE) a 10-year, $443.2 million contract to support information technology systems and applications for U.S. Strategic Command. Five offers were submitted to the Air Force’s 55th Contracting Squadron for the Stratcom Information Technology Capabilities Con...
The GovCon Index extended its slide into a second consecutive session Thursday with a decline of 0.372 points to 75.982 driven by a mixed second-quarter earnings report from aviation technology manufacturer Rockwell Collins (NYSE: COL). Cedar Rapids, Iowa-based Rockwell Collins fell 5.18 percent — or $4.87 – to end Th...
TYSONS CORNER, VA, April 21, 2016 ” NASA will help the Federal Aviation Administration develop provisions on the integration of unmanned aircraft systems using a demonstration of detect-and-avoid platforms onboard a General Atomics-built Ikhana, ExecutiveBiz reported Tuesday. The space agency said Friday the team p...
TYSONS CORNER, VA, April 21, 2016 ” Cisco (Nasdaq: CSCO) has configured its cybersecurity products to provide assessment support to drive compliance with the security controls in the National Institute of Standards and Technology‘s Risk Management Framework, ExecutiveBiz reported Friday. Steve Caimi, industry solutions spec...
TYSONS CORNER, VA, April 21, 2016 ” Lockheed Martin (NYSE: LMT) and the Defense Department‘s F-35 joint program office have concluded initial tests on a prototype third-generation helmet for the fighter jet, ExecutiveBiz reported Wednesday. Defense News reported Tuesday the team also integrated design updates on the F-35 es...
Rockwell Collins (NYSE: COL) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported second quarter earnings of $1.30 per share to exceed Wall Street’s expectations by 1 cent as revenue fell $20 million short of the consensus analyst outlook. The Cedar Rapids, Iowa-based aviation technology maker said o...
