A new report by consulting firm McAleese & Associates says Boeing™s (NYSE: GD) defense, space and security business posted $23.2B in 2018 sales, reflecting a 13 percent increase from the previous year. The BDS segment saw its 2018 backlog rise 30 percent to $57B driven by its œbuy-in strategy associated with the U.S. Air Force...
General Electric‘s (NYSE: GE) aviation subsidiary has won a potential $517.4M engineering and manufacturing development contract to provide a new turbine engine for the U.S. Army’s Apache and Black Hawk helicopters. Army Contracting Command received two bids for the Improved Turbine Engine Program via the internet and...
Michael Niggel, CEO of Advanced Concepts and Technologies International, will continue to serve on the Professional Services Council™s board of directors for the second consecutive year. œPSC provides a forum for open dialogue between the public and private sector to address the needs of our nation, including critical national securit...
TYSONS CORNER, VA, February 1, 2019 ” General Dynamics (NYSE: GD) has unveiled a plan to reinvest $1B into its manufacturing operations in 2019 as part of a capital expenditure strategy that includes the further development of submarine construction capabilities, ExecutiveBiz reported Thursday. USNI News reported Wednesday that the funds w...
Science Applications International Corp. (NYSE: SAIC) will provide satellite ground system support to the U.S. Air Force™s Space and Missile Systems Center under a potential seven-year, $655M contact. The military service awarded the contract to Engility, which SAIC acquired through a $2.5B all-stock deal that closed just two weeks ag...
Paul Bradley, a former director at Guidehouse, has joined AbleVets as vice president of technology at the Chantilly, Va.-based health information technology engineering and consulting services provider AbleVets. He will oversee AbleVets’ approaches to apply, standardize, innovate and scale its core offerings, the compa...
Kevin Henderson, former vice president of business development at BAE Systems‘ U.S. subsidiary, has been named VP of corporate growth at SOS International. In his previous capacity, Henderson worked for a BAE Systems Inc. segment that offers science and technology services to the intelligence community, SOSi said Thursday. He held po...
Lockheed Martin (NYSE: LMT) has received a $100.6M contract modification from the U.S. Air Force to design, develop, integrate and test subsystem design changes for the extended range variant of the Joint Air-to-Surface Standoff Missile system. The project will center on the JASSM-ER wings and chines and work under the modification is scheduled...
TYSONS CORNER, VA, January 29, 2019 ” The Potomac Officers Club ” a division of Executive Mosaic ” will be hosting the 2019 Artificial Intelligence Summit on Feb. 13 at the Hilton-McLean in McLean, Va. Dana Deasy of the Department of Defense, Dawn Meyerriecks of the CIA and Dean Souleles of the Offic...
TYSONS CORNER, VA, January 29, 2018 ” Tony Moraco, CEO of Science Applications International Corp. (NYSE: SAIC), has said the company gained increased capacity to pursue new markets and larger-scale business opportunities in the public sector following its $2.5B acquisition of Engility, ExecutiveBiz reported Jan. 22. Moraco, a 2019 Wash100 awar...
