Boeing‘s (NYSE: BA) Insitu subsidiary has secured a four-year, $160.3 million contract to provide training, test and engineering services in support of the U.S. Navy’s RQ-21A Blackjack and ScanEagle unmanned aerial vehicles. Insitu will also perform organizational-level maintenance work, install hardware, develop noncommercial software a...
Godspeed Capital Management has proposed to acquire Hill International (NYSE: HIL), a Philadelphia-based construction consulting firm, for approximately $143.9 million, or $1.85 in cash per share. The private equity firm said Tuesday it intends to operate Hill as a private firm once it merges with Godspeed Capital’s portfolio company Huckabee Arch...
ExecutiveBiz featured Doug Wagoner, president and CEO of LMI and a three-time Wash100 Award winner, in its most recent Executive Spotlight interview published Tuesday. He talked about the company’s decision to create an independent nonprofit and a for-profit organization still operating under the LMI brand. The Q&A also tackled how the mov...
Rick Stengard, formerly an executive vice president at Meridian Technologies, has joined management consulting provider Innovate to serve as chief growth officer and provide corporate strategy oversight. He will be responsible for driving business growth through pursuits of new market opportunities and scaled delivery of information technology and a...
General Electric (NYSE: GE) has unveiled the brand names and logos of the public companies it will establish as the Boston-based industrial conglomerate splits into three independent businesses focused on aviation, health care and energy sectors. The company said Monday its health care business will operate under the name GE HealthCare and its aviat...
General Dynamics‘ (NYSE: GD) mission systems business was awarded a six-year, $273 million contract modification to perform technical engineering work required to manufacture subsystems of the fire control technology for U.S. and U.K. nuclear ballistic missile submarines. This award from the U.S. Navy’s Strategic Systems Programs office ...
The U.K. defense ministry has announced a potential $2.79 billion investment to equip its fleet of Eurofighter Typhoon fighter jets with a new radar designed to provide pilots with situational awareness capability by enabling them to detect and track multiple ground and aerial targets. BAE Systems will integrate the European Common Radar System Mk 2...
Does Lockheed Martin have government contracts? The primary activities of Lockheed Martin, a multinational security and aerospace company, are the design, research, manufacture, business development, integration, and maintenance of high-tech equipment. Although the company is a private company, it mainly offers its products and services to th...
The Defense Logistics Agency has selected AmerisourceBergen for a potential eight-year, $6.06 billion contract to replenish pharmaceutical products and related items to order processing facilities for the Defense Health Agency-managed Tricare program. AmerisourceBergen will act as the Tricare Pharmacy Program’s national prime vendor and provid...
Christen Smith, former vice president of the federal health and civilian market at LMI, has been appointed senior VP for the U.S. domestic business at Rockville, Maryland-based consulting and research firm Abt Associates. Abt said Thursday that Smith will oversee Abt’s newly formed business organization that employs more than 500 professionals...
