TYSONS CORNER, VA, April 12, 2016 ” Siemens has partnered with Airbus on the development of a hybrid electric propulsion system for passenger aircraft that could drive efforts to reduce noise and fuel consumption, ExecutiveBiz reported Monday. Airbus said Thursday a joint team of 200 employees will work on the project in pre...
The GovCon Index mirrored the larger U.S. stock indices’ reversal into negative territory in the last hour of trade Monday and closed at a loss of 0.222 points to 74.005 with no clear driver of news on activity in markets. The GCI opened up nearly a half-percent in the first 45 minutes with the S&P 500...
TYSONS CORNER, VA, April 11, 2016 ” Lockheed Martin (NYSE: LMT) has tapped BAE Systems to build three engineering and training facilities at the Marham air base in the U.K. under a $166.3 million subcontract, ExecutiveBiz reported Friday. BAE said Thursday the construction project is part of preparations for the delivery of the f...
TYSONS CORNER, VA, April 11, 2016 ” A subsidiary of General Dynamics (NYSE: GD) has completed the construction of the radar receive array ground structure for the U.S. Air Force‘s future space fence system being built by Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Friday. General Dynamics said Thursday its SATCO...
TYSONS CORNER, VA, April 11, 2016 ” The U.S. subsidiary of BAE Systems will supply 30 Assault Amphibious Vehicles to Japan as part of the country’s efforts to build up amphibious capability among its ground self-defense forces, ExecutiveBiz reported Friday. The company said Thursday BAE Systems Inc. will also...
TYSONS CORNER, VA, April 11, 2016 ” Leidos (NYSE: LDOS) will work with Immunovaccine to develop a vaccine that aims to prevent the spread of the mosquito-borne Zika virus, ExecutiveBiz reported Friday. The companies will integrate Immunovaccine’s DepoVax platform and Leidos’ Virtual Pharmaceutical Development Pro...
The GovCon Index closed Friday with a nominal gain of 0.197 points to 74.227, which gives the GCI a nominal 0.103-point decline from the previous week. While biotechnology stocks posted losses, energy shares saw a 6.6-percent climb in U.S. crude oil futures to $39.72 a barrel. Four of the five largest U.S. government contrac...
The GovCon Index gradually tumbled from a strong open Friday and fell sharply in late afternoon trade to end at a nominal gain of 0.197 points to 74.227, which puts the GCI at a weekly loss for the second time in three weeks. The GCI posted a nominal 0.103-point loss from the April 1 close that...
TYSONS CORNER, VA, April 8, 2016 ” Cloud service providers Amazon Web Services (Nasdaq: AMZN), CSRA (NYSE: CSRA) and Microsoft (Nasdaq: MSFT) are due to receive high baseline certifications under the Federal Risk and Authorization Management Program, ExecutiveBiz reported Thursday. Federal Times reported March 21 that&...
TYSONS CORNER, VA, April 8, 2016 ” Northrop Grumman (NYSE: NOC) has proposed a “heritage” GPS III spacecraft and prototype navigational payload as part of its bid for the U.S. Air Force‘s follow-on program on the production of future GPS III space vehicles, ExecutiveBiz reported Thursday. The company said Wednes...
