Engility (NYSE: EGL) will continue to provide classified systems engineering, intelligence analysis and program management services to the Defense Department under a five-year, $82 million contract. The company said Tuesday the sole-source renewal contract also includes records and data management support, financial and technical analysis ...
Denis Cashman, chief accounting officer at EMC (NYSE: EMC) and chief financial officer of the firm’s information infrastructure business, has been appointed corporate CFO at the company. Cashman, a 28-year finance veteran at EMC, will succeed the departing CFO Zane Rowe on March 1 and will oversee all financial operations for the company’...
TYSONS CORNER, VA, January 26, 2016 ” A division of L-3 Communications (NYSE: LLL) will work to update the digital control computer emulation of the Cernavoda nuclear power plant simulator under a contract with Romania’s Societatea Nationala Nuclearelectrica, ExecutiveBiz reported Monday. L-3 MAPPS will provide the upgraded soft...
TYSONS CORNER, VA, January 26, 2016 ” Sotera Defense Solutions will provide research and development support for the Defense Advanced Research Projects Agency‘s counter-insurgency operations program under an $11.4 million contract, ExecutiveBiz reported Monday. The Defense Department said Thursday the contract from the U.S. Army...
CACI International (NYSE: CACI) has received a four-year, $35 million task order to perform program management and technical analysis on the U.S. Fleet Forces Command™s computer infrastructure. The company will work to maintain computer models ship components and hardware under the contract, CACI said Tuesday. œWe will continue to support ...
Reston, Virginia-based contractor Leidos Holdings (NYSE: LDOS) has agreed to a merger with the government information technology and services businesses of Lockheed Martin (NYSE: LMT) under a $5 billion, tax-free Reverse Morris Trust transaction to create the government services industry’s largest publicly-traded contractor by revenu...
Lockheed Martin (NYSE: LMT) — one of 30 companies listed in Executive Mosaic’s GovCon Index — has reported fourth quarter earnings per share of $3.01 and $11.46 for its fiscal year 2015 to exceed the consensus estimates of Wall Street analysts for both figures by 7 cents and 8 cents respectively. Fourth quarter earnings topped...
Rockwell Collins (NYSE: COL) has agreed to buy Christie Digital Systems™ Matrix series of projectors for an undisclosed sum in an effort to complement its training projectors and simulation offerings to aviation and military clients. The deal covers Christie™s Matrix SIM and Matrix StIM projectors and other software tools and is expec...
The GovCon Index retreated with a loss of 1.295 percent to 70.580 Monday in a move that puts the Index back into a correction, or 10 percent off its most recent high, for the second time this month. Monday’s plunge starts a week in which investors who follow defense and government contracting sectors await a ...
TYSONS CORNER, VA, January 25, 2016 ” Ensco aims to provide project delivery services to the Australian rail transport industry through its newly opened branch office in Perth, ExecutiveBiz reported Friday. The company said Wednesday the expansion is an effort to meet demand in Australia’s railway industry for automated track in...
