Israel Aerospace Industries has secured contracts worth nearly $2 billion to provide two kinds of surface-to-air missile system to India. IAI said Thursday it will supply the India’s army with a medium-range surface-to-air missile under a contract valued at $1.6 billion as well as build a long-range variant of the...
Shamlan Siddiqi, formerly vice president for digital and cloud services at NTT Data (NYSE: NTT), has assumed the role of chief technology officer for the company’s public sector business. NTT Data said Thursday Siddiqi will oversee the public sector group’s technology, advisory and innovation programs with government agencies. ̶...
Lockheed Martin‘s (NYSE: LMT) aeronautics business has secured a two-year, $129.4 million delivery order modification from the U.S. Navy to perform additional work on the TR-3 integrated core processor and related subsystems for the F-35 program. The Defense Department said Wednesday work under the modif...
TYSONS CORNER, VA, April 5, 2017 ” Jennifer Chronis, general manager for Defense Department programs at Amazon Web Services (Nasdaq: AMZN), has said DoD can leverage security as one of many benefits in the adoption of cloud platforms, ExecutiveBiz reported Monday. She wrote in an article published March that other advantages to c...
TYSONS CORNER, VA, April 5, 2017 ” Boeing (NYSE: BA) will provide an update to the cryptographic module of the U.S. Air Force‘s combat search-and-rescue radio equipment under a $42.6 million contract, ExecutiveBiz reported Tuesday. The Defense Department said Monday the contract covers development, certification, integ...
L3 Technologies (NYSE: LLL) has bought autonomous unmanned undersea vehicle manufacturer OceanServer Technology for an undisclosed sum, a move that Chairman and CEO Michael Strianese said marks L3’s expansion push into the UUV market. Fall River, Massachusetts-based OceanServer builds lightweight UUVs for military, commercial and int...
The Executive Mosaic GovCon Index and major markets all followed the auto stocks down as March reported weak vehicle sales, raising questionsconcerns about economic growth. Investors continue to watch closely developments on the global political and economic front. GovCon Index decliners outpaced advancers 6 to 1. In spite of its Frid...
TYSONS CORNER, VA, April 3, 2017 ” CAE (NYSE: CAE) has received a contract to provide NATO personnel in Germany training and support services on the E-3A Airborne Warning and Control System aircraft, ExecutiveBiz reported Friday. The company said Thursday it will supply aircrew instructors and mission simulator operators, continu...
Weekly Roundup March 27 – March 31 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This week, the GovCon industry witnessed several high-profile private sector executive moves. It goes without saying that these leadership changes could impact industry in a positive way...
TYSONS CORNER, VA, April 3, 2017 ” Orbital ATK (NYSE: OA) has marked the culmination of its support for NASA‘s nearly 17-year Earth Observing-1 satellite mission, ExecutiveBiz reported Friday. The company said Thursday it has provided support for the validation and development of EO-1 satellite and instrument technologies a...
