TYSONS CORNER, VA, May 12, 2016 ” Raytheon (NYSE: RTN) plans to move its data processing operations for unmanned airborne and space-based systems to a newly opened Texas facility in Richardson, ExecutiveBiz reported Tuesday. WBAP/KLIF News reported Monday the new facility could generate at least 2, 000 new jobs in Richardson. Dave Wajsgras...
Mark Cavallaro, formerly a global service provider program executive at EMC Corp. (NYSE: EMC), has joined technology consulting firm Fusion PPT as chief operating officer. He will be responsible for business operations, development and execution of growth strategies and service delivery efforts for civilian, Defense Department and intelligence custo...
Rockwell Collins has appointed Brad Haselhorst, a senior director at the aerospace company since May 2013, to the role of vice president for strategy and business development in the government systems segment. The Cedar Rapids, Iowa-headquartered company said Wednesday Haselhorst will succeed Dave Nieuwsma, who will assume leader...
Albuquerque, New Mexico-based satellite and spacecraft solar panel manufacturer SolAero Technologies has bought San Diego, California-based aerospace components producer Vanguard Space Technologies from Enlightenment Capital for an undisclosed sum. SolAero and Vanguard plan to combine their core offerings in an effort to cre...
Raytheon (NYSE: RTN) has received a $76.1 million contract from the U.S. Navy to procure long lead materials for the production of the first block of anti-ship missile defense systems for the service branch and foreign clients. The long lead materials will support the production of Evolved Sea Sparrow Missiles for fiscal years 2016, 2017 and...
The GovCon Index fell 0.982 percent — or 0.769 points — to 77.553 as the 30-company list of government contractor stocks was dragged down by the sell-off in U.S. financial markets Friday on disappointing earnings reports from blue chip stocks. All 11 GCI companies co-listed in the S&P 500 composite index closed in nega...
TYSONS CORNER, VA, May 11, 2016 ” LMI has partnered with the Virginia Values Veterans organization to host an employer training day for companies looking to hire military veterans, GovCon Executive reported Tuesday. The company said Tuesday the Virginia Department of Veterans Services program aims to provide employers with a...
TYSONS CORNER, VA, May 11, 2016 ” Orbital ATK (NYSE: OA) has completed the installation of a second qualification motor for the Space Launch System boosters at a Utah facility ahead of a planned static-fire test on June 28, ExecutiveBiz reported Tuesday. The company said Monday the QM-2 motor will be used in a NASA test of t...
TYSONS CORNER, VA, May 11, 2016 ” Leidos (NYSE: LDOS) has pledged to hire 3, 000 military veterans and spouses through 2021 in support of the White House’s Joining Forces initiative, GovCon Executive reported Friday. The company said Thursday it has several programs that work to support employees who are veterans, such as the Mi...
TYSONS CORNER, VA, May 11, 2016 ” SAP National Security Services‘ (NYSE: SAP) nonprofit arm has been honored by the White House for its career placement and training support for military veterans and spouses, GovCon Executive reported Friday. NS2 Serves said Thursday it received the recognition at a ceremony hosted by Michelle O...
