Arlington Capital Partners has transformed the former defense and security segment of iRobot (Nasdaq: IRBT) into a new company called Endeavor Robotics following the completion of the unit’s acquisition by the Washington-based investment company. iRobot first announced the $45 million deal early in February and sa...
Turner Construction has landed a potential three-year, $114 million contract from the U.S. Navy for the construction of the U.S. Naval Academy cyber security studies academic building. The company will design and build classrooms, teaching and research laboratories, lecture halls, offices, multipurpose spaces, a loading dock, an observator...
Raytheon‘s (NYSE: RTN) intelligence, information and services subsidiary has secured a potential $105 million radar operations and maintenance services contract from the U.S. Navy to support the Navy Forces Surveillance Support Center. Raytheon Intelligence, Information and Services will support the naval unit’s Relocatable Over-The...
The GovCon Index closed Friday with a gain of 0.348 points to 74.380 on positive movement in U.S. markets and posted a weekly gain of 1.273 percent. The U.S. markets’ performance is based on jobs data that indicates nonfarm businesses added 215, 000 workers in March to surpass analyst expectations, according to Reuters...
The GovCon Index posted a gain of 0.348 points to 74.380 in a reflection of overall positive movement in U.S. markets Friday on March jobs figures that exceeded some economists’ expectations and new manufacturing data that showed some recovery in that sector. Both the Index and S&P 500 composite index held downward in the first hour-a...
TYSONS CORNER, VA, April 1, 2016 ” Capgemini will provide continued application development and management support to the U.K. agency for revenue and customs in line with the latter’s digital modernization program, ExecutiveBiz reported Thursday. The company said Wednesday it will transition applications and services and pr...
TYSONS CORNER, VA, April 1, 2016 ” Sutherland Global Services‘ vice president for government relations and marketing has said vigilance, intelligence sharing and technology investments can help the U.S. government protect what he calls “soft” targets, Executive Gov reported Thursday. Chuck Brooks wrote in a guest piece pu...
TYSONS CORNER, VA, April 1, 2016 ” A joint venture of Lockheed Martin (NYSE: LMT), Jacobs Engineering (NYSE: JEC) and Serco will oversee the operations of the U.K. government’s atomic weapons establishment under an updated contract, ExecutiveBiz reported Thursday. Serco said Thursday the AWE Management Ltd. JV will run the ...
TYSONS CORNER, VA, April 1, 2016 ” The U.S. Navy has awarded additional funds to General Dynamics (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) for the manufacture of two additional Arleigh Burke-class destroyers, ExecutiveBiz reported Thursday. USNI News reported Wednesday General Dynamics Bath Iron Works and Ing...
TYSONS CORNER, VA, April 1, 2016 ” Roger Krone, chairman and CEO of Leidos (NYSE: LDOS), has said the company aims to further market expansion efforts through its merger with Lockheed Martin‘s (NYSE: LMT) information systems and global solutions business, ExecutiveBiz reported Thursday. Krone told Forbes in an interview pub...
