Airbus Group and Safran have completed the merger of their space launch operations through a joint venture in an effort to support commercial sector clients in Europe. Safran will pay approximately $835 million to Airbus in order to acquire a 50-percent stake in Airbus Safran Launchers joint venture, Airbus said Thursday. Airbus CEO Tom Enders...
Executive Mosaic’s GovCon Index added at least one full percentage point for the second session in three Thursday to complete a reversal of its losses stemmed from the two-day selloff in global financial markets after Britain’s Thursday vote to leave the European Union. The GovCon Index closed up 2.066 percent to 79.5...
TYSONS CORNER, VA, June 30, 2016 ” QTS Realty Trust‘s (NYSE: QTS) new 317, 000-square-foot data center in Chicago will open Friday to provide information technology support to government and enterprise clients, ExecutiveBiz reported Wednesday. The company said Tuesday the data center will offer 48, 000 square feet...
TYSONS CORNER, VA, June 30, 2016 ” Engility (NYSE: EGL) will support the U.S. Army‘s tactical intelligence gathering and dissemination efforts under a potential $24 million contract, ExecutiveBiz reported Wednesday. The company said Wednesday the contract is part of the Army’s Tactical Exploitation of National Capabilities...
TYSONS CORNER, VA, June 30, 2016 ” An ASRC Federal business segment has received a potential $190 million contract from the U.S. Air Force to support the operations and maintenance of Vance Air Force Base in Oklahoma, ExecutiveBiz reported Wednesday. The company said June 23 ASRC Federal Communications will work to assi...
Noel Samuel, former chief financial officer at immixGroup and a two-decade veteran of the commercial and government contracting sectors, has joined Bethesda, Md.-based public sector services contractor Abt Associates as CFO. Abt said Thursday Samuel holds close to 20 years of experience in roles related to corporate finance,...
Todd Wright, formerly executive vice president for operations at AECOM™s (NYSE: ACM) nuclear and environment strategic business unit, has been named general manager and EVP of the business unit. Wright will be in charge of the unit™s business development, strategic programs and daily operations, AECOM said Wednesday. The 35-year nucle...
The U.S. Navy has awarded 21 companies positions on a potential five-year, $750 million contract to provide command-and-control systems and related support services to the Department of the Navy. The Space and Naval Warfare Systems Center Atlantic in Charleston, South Carolina, awarded the indefinite-delivery/indefinite-quantity contract throug...
Raytheon (NYSE: RTN) has received a $118.5 million contract to manufacture the ninth batch of miniature air-launched decoy jammer vehicles and support equipment for the U.S. Air Force. The Defense Department said Wednesday the company™s missile systems business will produce the vehicles in Tucson, Arizona, through June 30, 2...
The Federal Retirement Thrift Investment Board has awarded investment consulting contracts valued at up to $4 million each to AON Hewitt Investment Consulting, Mercer Investment Consulting, NEPC and RVK, Federal News Radio reported Tuesday. David Thornton writes the companies will bid on financial management and s...
