Raytheon (NYSE: RTN) — listed both in Executive Mosaic’s GovCon Index and the S&P 500 – has reported higher sales for its first quarter on global demand for its weapons and lifted its full-year earnings guidance despite a year-over-year profit decline. The Waltham, Mass.-based missile maker said first q...
Forcepoint, a cybersecurity product joint venture of Raytheon (NYSE: RTN) and Vista Equity Partners, has appointed Matthew Moynahan as CEO effective May 9. Forcepoint said Wednesday Moynahan will bring 20 years of experience in information technology, cloud services and security intelligence, as well as a background in sales and managem...
Universities Space Research Association has secured a two-year, $193 million contract from NASA to provide academic and university-based program and project support for Ames Research Center’s science and engineering teams. The nonprofit research company will aid the center’s efforts to meet mission requirements for research and...
Virginia-based management consulting company DRT Strategies has appointed Dave Cogar as its new president. Cogar joined the company in February and has brought more than 25 years of experience as a P&L executive in line with CEO Susan Kidd’s goals to recruit and position senior leaders to support the company’s gro...
Elon Musk’s SpaceX has won a two-year, $82.7 million contract to help the U.S. Air Force build and launch a rocket to send a Global Positioning System III satellite into orbit. The Air Force Space and Missile Systems Center received two bids for the firm-fixed-price contract that covers GPS III launch vehicl...
The GovCon Index soared 1.396 percent to 77.998 Wednesday on a series of pre-market earnings reports from several large defense prime contractors as Boeing (NYSE: BA) overcame an early morning decline to close in positive. GovCon Wire posted a summary of all six GovCon Index-related earnings figures plus that of United Techn...
Fairfax, Virginia-based government services contractor ManTech International (NASDAQ: MANT) exceeded the consensus analyst estimate for first quarter earnings and revenue, while Arlington-headquartered CACI International (NYSE: CACI) missed Wall Street’s sales outlook for its fiscal third quarter. Both companies a...
TYSONS CORNER, VA, April 27, 2016 ” Lockheed Martin‘s (NYSE: LMT) mission systems and training business will provide logistics, maintenance and support services for an estimated 400 Consolidated Automated Support System stations under a $21.9 million U.S. Navy contract, ExecutiveBiz reported Tuesday. The Defense Department ...
The merger of Leidos Holdings (NYSE: LDOS) with Lockheed Martin‘s (NYSE: LMT) information systems and global solutions business involves “one or two” contracts for systems engineering and technical assistance service work that has largely been spun out of the latter company, Leidos CEO Roger Krone told investors Tuesday. ...
Robert Hahn, formerly vice president of citizen and defense services at Serco Group‘s subsidiary in North America, has been named president of government solutions at LexisNexis™ Reed Technology and Information Services subsidiary. Hahn will work to provide strategic direction for Reed Tech and help the company expand its business with th...
