TYSONS CORNER, VA, January 19, 2016 ” L-3 Communications (NYSE: LLL) has received a three-year, $44.7 million contract for the upgrade, repair and overhaul of the photonics masts of U.S. Navy Virginia-class and Ohio-class submarines, ExecutiveBiz reported Friday. The Defense Department said Thursday the company will perform ...
TYSONS CORNER, VA, January 19, 2016 ” David Wajsgras, president of Raytheon‘s (NYSE: RTN) intelligence, information and services business, is one of nine executives who have joined the board of advisers at the Center for a New American Security, GovCon Executive reported Friday. CNAS said Thursday the executives come from the defense...
Minburn Technology Group has received a $115 million order to provide Microsoft (Nasdaq: MSFT) software licenses to the U.S. Special Operations Command. The company will also deliver software assurance support to SOCOM™s headquarters procurement division under the contract, the Defense Department said Friday. Minburn will perform work in G...
Wahid Nawabi, chief operating officer at AeroVironment (Nasdaq: AVAV), will assume additional duties as president of the company. Nawabi previously served as senior vice president and general manager of the company™s efficient energy systems business segment, with responsibility in business strategy and new product launch, AeroVironment sa...
The GovCon Index closed Friday with a 1.218-percent decline to 72.118 on falling oil prices and below-consensus economic data points. Pharmaceutical services provider McKesson Corp. (NYSE: MCK) topped the Index with a gain of 22 cents to $165. Market Summary Advancing GovCon Index Issues 1 Declining GovCon Index Issues 28 Unchanged GovCo...
The GovCon Index closed at a new three-month low for the second time in three days Friday with a loss of 1.218 percent to 72.118 as investors reacted to further declines in oil prices and new economic data points that fell below the consensus analyst outlook. Pharmaceutical services provider McKesson Corp. (NYSE: MCK) was the...
TYSONS CORNER, VA, January 15, 2016 ” Raytheon | Websense — a Raytheon (NYSE: RTN) and Vista Equity Partners joint venture — has announced its new name as Forcepoint as it aims to develop its internal network monitoring services, ExecutiveBiz reported Thursday. Forcepoint said Thursday the reb...
TYSONS CORNER, VA, January 15, 2016 ” Boeing (NYSE: BA) has upgraded six B-52 bomber planes of the U.S. Air Force with increased capacity for internal weapons, ExecutiveBiz reported Thursday. The company said Wednesday the upgraded internal weapons bay launchers can load up to eight Joint Direct Attack Munitions. “The upgrades t...
TYSONS CORNER, VA, January 15, 2016 ” Rick Ambrose, executive vice president of Lockheed Martin‘s (NYSE: LMT) space systems segment, said the first GPS III satellite has completed a thermal vacuum test as part of the U.S. Air Force™s program, ExecutiveBiz reported Thursday. Space News reported Wednesday the test works to id...
TYSONS CORNER, VA, January 15, 2016 ” American Systems has received a Maturity Level 3 quality appraisal under the CMMI Institute’s Capability Maturity Model Integration for Development, GovCon Executive reported Thursday. The company said Wednesday the CMMI-DEV 1.3 appraisal covers process management, engineering, project ...
