The GovCon Index held in positive territory in choppy trade Thursday with a nominal gain of 0.109 points to 71.005 held up large jumps in the share prices of government services contractor CACI International (NYSE: CACI), satellite provider Intelsat (NYSE: I) and armored truck maker Navistar International (NYSE: NAV). With Thursday’s gain, the...
TYSONS CORNER, VA, February 4, 2016 ” The Boeing-built (NYSE: BA) Space Launch System will carry the Orion unmanned spacecraft and 13 CubeSats to deep space in 2018, ExecutiveBiz reported Wednesday. NASA said Wednesday two of the CubeSats that will be onboard the SLS are the Lockheed Martin-built (NYSE: LMT) Skyfire and Morehead ...
TYSONS CORNER, VA, February 4, 2016 ” BAE Systems has selected AMI Metals, a subsidiary of Reliance Steel & Aluminum Co. (NYSE: RS), to provide aluminum plates in support of the F-35, Hawk and Typhoon programs under a $100 million contract, ExecutiveBiz reported Wednesday. Reliance said Tuesday the contrac...
TYSONS CORNER, VA, February 4, 2016 ” Lockheed Martin (NYSE: LMT) will build a new S-band satellite based on the A2100 design for delivery to Sky Perfect JSAT Corp. in 2019, ExecutiveBiz reported Wednesday. Lockheed said Wednesday the future JCSAT-17 will be the eighth satellite that SJC ordered from Lockheed and w...
TYSONS CORNER, VA, February 4, 2016 ” Johns Hopkins University Applied Physics Laboratory has named two former military officials as senior fellows at the lab, GovCon Executive reported Wednesday. Johns Hopkins APL said Tuesday the new senior fellows are Paul Stockton, a former assistant secretary for homeland defense and Am...
TYSONS CORNER, VA, February 4, 2016 ” Allen Adler of Boeing (NYSE: BA) and Waguih Ishak of Corning (NYSE: GLW) have received appointments to the National Institute of Standards and Technology‘s visiting committee on advanced technology, ExecutiveGov reported Wednesday. NIST said Tuesday Adler, who is vice president of ...
Washington-based private equity firm Arlington Capital Partners has agreed to purchase the defense and security business segment of robotics technology maker iRobot (Nasdaq: IRBT) for up to $45 million as the latter company continues on its realignment toward the consumer market. Bedford, Mass.-based iRobot said Thursday both companies expect to clo...
CACI International (NYSE: CACI) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has adjusted its fiscal year 2016 guidance to reflect the company’s $550 million acquisition of the former L-3 Communications (NYSE: LLL) national security solutions segment that closed Tuesday. The Arlington, Va.-based governmen...
Donald Kosiak, vice president for medical development and eCARE executive medical director for Avera Health, will join Leidos (NYSE: LDOS) as chief medical officer on Feb. 8. Kosiak will oversee the company’s efforts to align its business strategy across the health solution group and the whole company, Leidos said Wednesday. “Don is...
X Corp Solutions has received a potential five-year, $50 million contract to provide counterintelligence and security support services to the Defense Threat Reduction Agency. DTRA awarded the indefinite-delivery/indefinite-quantity, firm-fixed-price contract through a competitive acquisition with nine proposals received, the Defense Department said ...
