The State Department has approved Iraq’s request to buy $350 million in sustainment services for the country’s fleet of Beechcraft-built King Air 350 turboprop aircraft from the U.S. government through a foreign military sales agreement. Iraq requested a five-year sustainment package for one KA-350 transport plane and five...
General Atomics has agreed to acquire aerospace and defense technical services business Miltec from electronics manufacturing company Ducommun for approximately $14.6 million cash. The transaction is subject to customary closing terms and is intended to increase General Atomics’ technical expertise in developing small satellites, hyp...
Miranda Ashby, formerly senior director of federal sales at Cornerstone OnDemand, has joined cloud-based talent management software provider Acendre as senior vice president of federal sales. Ashby will work to support the company’s business development team to address the talent management needs of federal agencies, Acendre sai...
The GovCon Index held strong from a choppy morning session Thursday and ended at a gain of 1.134 percent to 72.570, which brings the Index out of correction territory after a one-day re-entry at the previous session’s close. The Index was in correction, or 10 percent down from its most recent high, for 13 days until Fr...
TYSONS CORNER, VA, February 25, 2016 ” Sikorsky, a Lockheed Martin (NYSE: LMT) subsidiary, has partnered with Saudi Arabia’s Taqnia Aeronautics to explore the potential production of the S-70 Black Hawk helicopter in the country, ExecutiveBiz reported Wednesday. Lockheed said Tuesday the partnership aims to facili...
TYSONS CORNER, VA, February 25, 2016 ” A report by Visiongain indicates that Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT), Orbital ATK (NYSE: OA) and Raytheon (NYSE: RTN) are some of the key players in the global military smart weapons market, ExecutiveBiz reported Wednesday. Visiongain said Monday the market will be worth $22....
TYSONS CORNER, VA, February 25, 2016 ” Northrop Grumman (NYSE: NOC) currently works with Oceaneering Space Systems and Made in Space to build a 3D printer with a robotic arm that will work to manufacture space systems on orbit, ExecutiveBiz reported Wednesday. Space News reported Tuesday Northrop will provide software, systems enginee...
TYSONS CORNER, VA, February 25, 2016 ” General Atomics will provide radiation monitoring systems to help U.S. nuclear power plants that use boiling water reactors with Mark I and II containments comply with Nuclear Regulatory Commission safety mandates, ExecutiveBiz reported Wednesday. The company said Tuesday the NRC requir...
TYSONS CORNER, VA, February 25, 2016 ” Tom Romeo, president of Maximus‘ (NYSE: MMS) federal services business, has said the government continues to explore ways to bolster the “citizen journey” in public services through lessons learned from commercial customer experiences. “Agencies and their industry partners need to e...
SpaceX has been awarded five additional flights by NASA to transport cargo to and from the International Space Station under a contract signed in December 2015, Space News reported Wednesday. Peter B. de Selding writes the flights are valued at approximately $700 million total and raises to 20 the number of ISS cargo flights that NASA...
