Mercury Systems (Nasdaq: MRCY) has purchased Duluth, Georgia-based Richland Technologies for an undisclosed sum in a move to grow processing subsystems offerings for aerospace and defense clients. Mercury said Wednesday it plans to keep RTL™s presence in Duluth and that the transaction complements its purchase of Switzerland-based military and ...
Jin Kang, formerly executive vice president and chief operations officer at WidePoint (NYSE: WYY), has been promoted to president and CEO at the McLean, Virginia-based managed mobility services provider. He will serve as a member of WidePoint™s board of directors and succeeds Jeff Nyweide, who resigned from his posts six months after he joined ...
https://www.youtube.com/watch?v=Zg-FH1Gn2Ls On Friday, June 30th, at a ceremony at the Manhattan campus of the Department of Veterans Affairs’ New York Harbor Health Care System, two veterans living with arm amputations became the first recipients of a new generation of prosthetic limb that promises them unprecedented, near-natural arm and han...
Global private equity firm H.I.G. Capital has agreed to acquire Reston, Virginia-based government information technology services provider NCI (Nasdaq: NCIT) for approximately $283 cash, or $20 per share. NCI said Monday its board of directors unanimously approved the proposed sale and that founder and Chairman Charles Narang will tender all of...
Weekly Roundup June 26 – June 30 2017 A Note From Our President & Founder Jim Garrettson This week we saw the unveiling of the House Armed Services Committee™s $696.5 billion defense authorization bill. The draft, titled 2018 National Defense Authorization Act (NDAA), was revealed on the 26th and asks for $28.5 billion more than ...
Lockheed Martin (NYSE: LMT) has won a spot on a potential seven-year, $409 million indefinite-delivery/indefinite-quantity contract to support a U.S. Air Force program that seeks to research and develop thermal, power and control technologies for air platforms. The Defense Department said Friday the Next Generation Thermal, Power, and Cont...
Austin Adams, vice president of public sector at San Mateo, California-based open-source software provider Alfresco, has said government agencies should address œcontent chaos through the adoption of a centralized platform designed to process and store documents. Adams wrote that such a platform works to help government personnel access, share ...
United Launch Alliance has won a potential $191.1 million contract to help the U.S. Air Force send into orbit a new satellite designed for space test missions. The Lockheed Martin (NYSE: LMT)-Boeing (NYSE: BA) joint venture will produce a launch vehicle and support mission integration, spaceflight worthiness and launch operations of the Sp...
Northrop Grumman (NYSE: NOC) has secured a $179 million contract modification from the U.S. Air Force to provide hardware and support for large aircraft infrared countermeasures systems, or LAIRCM. The Defense Department said Thursday the company will perform work under the modification in Rolling Meadows, Illinois through April 30, 2...
TYSONS CORNER, VA, June 29, 2017 ” Boeing (NYSE: BA) has helped establish a development research hub at the Georgia Institute of Technology’s Delta Advanced Manufacturing Pilot Facility in efforts to advance industrial automation technologies, ExecutiveBiz reported Wednesday. The company said Tuesday the Boeing Manufacturin...
