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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...
Booz Allen Hamilton (NYSE: BAH) has received a potential three-year, $115 million task order to help integrate applications for the Department of Veterans Affairs to manage the agency’s interactions with customers. The order covers application integration, software development, operations, maintenance and pro...
Rolls-Royce has received a potential $117.7 million contract modification from the U.S. Navy to supply 50 AE1107C turboshaft engines and related spares for integration with the U.S. Marine Corps™ and Japanese government™s fleet of MV-22 Osprey aircraft. The Naval Air Systems Command awarded the contract modification to exercise an opt...
FCi Federal has appointed seven new executives to its management team in an effort to boost its expansion in the government services sector. Jeffrey Leong, a U.S. Air Force veteran and former chief financial officer at a business unit of Northrop Grumman (NYSE: NOC), will serve as the company™s CFO, FCi Federal said Tuesday. Claude...
Three companies have been awarded spots on a potential five-year, $2.6 billion contract to perform maintenance, repair and modernization work on U.S. Navy surface combatant and amphibious warfare vessels. BAE Systems, General Dynamics‘ (NYSE: GD) NASSCO subsidiary and Marine Hydraulics International will help maintain six c...
