Lockheed Martin (NYSE: LMT) has appointed Ulrich Finkenbusch to head the company’s operations in Germany. Finkenbusch returns to Germany more than one year after a stint with Lockheed’s international business development team in the U.S., the company said Wednesday. He served as a principal foreign policy adviser for ...
Lockheed Martin (NYSE: LMT) has withdrawn a lawsuit it filed in federal court to challenge the U.S. Army‘s selection of Oshkosh Corp. (NYSE: OSK) for the $6.75 billion Joint Light Tactical Vehicle contract, Reuters reported Wednesday. Andrea Shalal writes that John Kent, a Lockheed spokesman, told R...
ManTech International (Nasdaq: MANT) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported an increase of 8.1 percent in profit for its full 2015 calendar year and earnings figures for 12 months and the fourth quarter that meet Wall Street’s expectations. The Fairfax, Virginia-based technology and gov...
Progeny Systems has won a $54.7 million contract to develop and test the General Dynamics-developed (NYSE: GD) payload or tactical control system of the U.S. Navy™s AN/BYG-1 submarine combat control system. The Defense Department said Wednesday Progeny will work on the system installed on new and existing Navy submarines and joint pro...
The GovCon Index bounced higher for a third consecutive session Wednesday with a gain of 1.411 percent to 71.348, a close that holds the Index barely in correction territory for a sixth straight day. The Index is 10.05 percent down from its most recent high of 79.332 on Dec. 1 and has entered correction territory...
TYSONS CORNER, VA, February 17, 2016 ” Iridium Communications (Nasdaq: IRDM) will provide the Iridium Extreme 9575 satellite handset for U.S. and foreign government use, ExecutiveBiz reported Tuesday. Iridium said Tuesday General Dynamics (NYSE: GD) has selected the company in an effort to provide government agencies and service members a...
TYSONS CORNER, VA, February 17, 2016 ” Tony Moraco, CEO of Science Applications International Corp. (NYSE: SAIC), has advised small businesses that aspire to collaborate with other companies to look at the mission requirements and market access of their prospects, ExecutiveBiz reported Tuesday. Washington Technology reported Friday SA...
TYSONS CORNER, VA, February 17, 2016 ” In-Q-Tel will help Cylance upgrade its CylancePROTECT system, which works to use machine learning and artificial intelligence to prevent cyberattacks, ExecutiveBiz reported Tuesday. “Our partnership with Cylance is intended to further enhance how artificial intelligence and related technologies preve...
TYSONS CORNER, VA, February 17, 2016 ” Rebecca Cowen-Hirsch, senior vice president for U.S. government strategy and policy at Inmarsat, has said “satcom as a service” can help the military drive value from satellite communications technology, ExecutiveBiz reported Tuesday. Cowen-Hirsch wrote in a blog entry posted Tuesday&...
TYSONS CORNER, VA, February 17, 2016 ” Boeing (NYSE: BA) will decide in the coming weeks if it will pursue a company investment to self-fund the continued production of F/A-18 fighter aircraft, ExecutiveBiz reported Tuesday. Reuters reported Friday that Dan Gillian, head of Boeing’s F/A-18E/F and EA-18G programs, has i...
