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...
Karen Forgy Hicks, formerly vice president and chief administration officer at Secure Mission Solutions, has been hired as executive vice president of operations at Siteworx. Hicks will be responsible for the firm’s daily operations, internal processes and team performance to drive customer service, Siteworx said Tuesday. Ken Quaglio, S...
The Defense Information Systems Agency has awarded AT&T (NYSE: T) a potential five-year, $74.6 million contract to provide Northstar long-haul telecommunications services and related transmission circuits in support of DISA’s ultra-high frequency/line-of-sight communications platform. The sole-source, firm-fixed-price contract awarded by t...
The U.S. Army is looking at how contractors spend government-issued funds for research-and-development programs in order to better understand where industry focuses its R&D efforts, the branch’s lead acquisition executive said Wednesday. Katrina McFarland told an audience at a Potomac Officers Club-hosted event in Falls...
