Paul Fernandes, president of the government services contractor STG Group, will retire from his role by the end of 2016 after a 12-year career at the Reston, Virginia-based company. STG said Thursday Fernandes plans to stay in the role until the end of the year as the company works to identify and appoint a CEO. “(Fernandes̵...
Lockheed Martin (NYSE:LMT) has secured a five-year, $504.3 million contract extension for in-service support to the Canadian air force’s fleet of C-130J Super Hercules aircraft. The company said Thursday it will continue to lead performance-based logistics for the operations, sustainment and maintenance of the 17-unit CC-13...
The Missile Defense Agency has awarded a potential five-year, $63 million contract to Strategic Alliance Business Group to provide strategic planning advisory and assistance services. The Defense Department said Thursday the company will support strategic planning management activities of MDA’s Chief of Staff Directorate un...
The U.S. Navy has awarded Praxis a potential five-year, $88.2 million task order to explore methods for the service branch to generate radio signals across high-power radio frequency spectrum. Praxis will collaborate with the Naval Research Laboratory to develop signal generation techniques for atmospheric research and spacecraft or aircraft calibra...
TYSONS CORNER, VA, July 6, 2016 ” In-Q-Tel has invested $5 million on Orbital Insight to support further development of that company’s geospatial big data platform, ExecutiveBiz reported Tuesday. Orbital Insight said June 27 it also received $15 million in Series B funds from GV, CME Ventures, Sequoia Capital, Lu...
Luxembourg-based communications satellite operator SES has exercised a call option to acquire the remaining 50.9 percent stake in Channel Islands-based satellite broadband services provider O3b Networks through an estimated $730 million deal with other O3b shareholders. SES said Monday it will use money the company rais...
TYSONS CORNER, VA, July 5, 2016 ” Science Applications International Corp. (NYSE: SAIC) and Hay Group will accept online applications from military veterans through Aug. 1 for the ninth cohort of the Leveraging Military Leadership Program, GovCon Executive reported Thursday. The companies said Thursday the three-month pro bono program...
General Dynamics‘ (NYSE:GD) Electric Boat subsidiary has secured a $116.2 million contract modification from the U.S. Navy to manufacture a payload module for Virginia-class attack submarines. The Defense Department said Friday that Electric Boat will also develop insertion prototype materials for the service bran...
Robert Moritz, formerly U.S. chairman of PwC and a 31-year company veteran, has succeeded Dennis Nally as chairman of PwC International. PwC said Friday it also appointed 10 new leadership team members who will collaborate with Moritz and senior partners Raymund Chao for China, Kevin Ellis for the U...
Parsons has landed a $455.1 million contract to assist in the Missile Defense Agency™s weapons and missile systems engineering projects. The Defense Department said Thursday the company will help MDA track weapons systems, integrate system and subsystem hardware and software, assess and verify performance and inspect target and countermeas...
