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The U.S. Navy has selected an additional 608 companies to compete for a range of functional support task orders worth up to $3.96 billion per year under the military branch’s SeaPort Enhanced contract vehicle that now includes 5, 106 total businesses as participants. The Defense Department said Thursday 682 offers were sub...

Six companies have won separate contracts to provide technical support services for the U.S. Navy™s ground, maritime and airborne information systems and networks. Each of the three-year, cost-reimbursement contracts awarded to Cabrillo Technologies, Science Applications International Corp. (NYSE: SAIC), Scientific Research Corp., Calnet, ...

A General Electric (NYSE: GE) subsidiary and United Technologies Corp. (NYSE: UTX) have each received a potential five-year, $1 billion contract to provide design, fabrication, testing and integration support services for the U.S. Air Force™s turbofan adaptive engines. The service branch awarded the sole-source contracts with pri...

Airbus Group and Safran have completed the merger of their space launch operations through a joint venture in an effort to support commercial sector clients in Europe. Safran will pay approximately $835 million to Airbus in order to acquire a 50-percent stake in Airbus Safran Launchers joint venture, Airbus said Thursday. Airbus CEO Tom Enders...

TYSONS CORNER, VA, June 30, 2016 ” Engility (NYSE: EGL) will support the U.S. Army‘s tactical intelligence gathering and dissemination efforts under a potential $24 million contract, ExecutiveBiz reported Wednesday. The company said Wednesday the contract is part of the Army’s Tactical Exploitation of National Capabilities...

Noel Samuel, former chief financial officer at immixGroup and a two-decade veteran of the commercial and government contracting sectors, has joined Bethesda, Md.-based public sector services contractor Abt Associates as CFO. Abt said Thursday Samuel holds close to 20 years of experience in roles related to corporate finance,...

Todd Wright, formerly executive vice president for operations at AECOM™s (NYSE: ACM) nuclear and environment strategic business unit, has been named general manager and EVP of the business unit. Wright will be in charge of the unit™s business development, strategic programs and daily operations, AECOM said Wednesday. The 35-year nucle...

Darius Adamczyk, president and chief operating officer at Honeywell (NYSE: HON), will serve as the technology and manufacturing company™s CEO, effective March 31, 2017. Adamczyk will succeed Dave Cote, who will continue to serve as Honeywell™s executive chairman through April 2018 and then commence a five-year noncompete and consultin...

Graeme Thompson, formerly vice president of global information technology end-user services at Oracle (NYSE: ORCL), has been named senior vice president and chief information officer of Redwood City, California-based software development company Informatica. The more than 20-year IT and supply chain management veteran aims to help exp...