Tag Archives: aerospace

The Carlyle Group (Nasdaq: CG) has raised $18.5 billion for its latest fund that invests in U.S. companies in defense and government services and aerospace industries. The private equity firm said Monday the amount of capital raised for the Carlyle Partners VII fund surpassed the $15 billion target, reflecting a 42 percent increase …

TYSONS CORNER, VA, Jan. 23, 2018 — Concurrent Technologies Corp. and an affiliate company have secured a re-accreditation of their quality management system based on the AS9100D standard for aerospace organizations following audits by ABS Quality Evaluations, ExecutiveBiz reported Jan. 10. CTC said Jan. 9 its AS9100D:2016 recertification with Enterprise Ventures Corp. serves to …

United Technologies Corp. (NYSE: UTX) has agreed to purchase Cedar Rapids, Iowa-based avionics contractor Rockwell Collins (NYSE: COL) through an estimated $30 billion transaction in a move to establish a new aerospace systems supplier that will work to meet the evolving needs of global clients. Farmington, Connecticut-based conglomerate UTC said Monday it will pay …

The U.S. Air Force has awarded Infoscitex a four-year, $70 million contract modification to support the military branch’s aerospace technology and simulation-based research and development efforts. Infoscitex will provide R&D services in areas such as flight control laws, cooperative control autonomy, vehicle integrity management and automation, the Defense Department said Tuesday. The company …

Bastion Technologies has received a potential eight-year, $267.5 million contract to perform safety and mission assurance support at NASA‘s Huntsville, Alabama-based Marshall Space Flight Center. NASA said Saturday the company will also provide technical and engineering services to MSFC’s safety and mission assurance directorate, the Stennis Space Center Mississippi and the Michoud Assembly Facility in Louisiana. …

Wendy Van Wickle, former vice president of ground operations and logistics at Leidos (NYSE: LDOS), has been named executive VP for the logistics and training division within Parsons‘ federal business unit. Parsons said Monday the more than 25-year aerospace and defense industry veteran will oversee the division’s operational performance, strategy and profit-and-loss functions. “Wendy’s …

Executive Mosaic’s GovCon Index climbed Thursday on strong gains by large aerospace primes and services contractors as all three major U.S. stock indices hit record highs in intraday trade after President Donald Trump said he would give a tax policy announcement in the next few weeks. GovCon Index gainers outnumbered laggards by …

Gary Tenison, formerly vice president of marketing and business development at Kaman‘s (NYSE: KAMN) aerospace group, will officially join Triumph Group on Feb. 13 as VP of business development. Triumph said Wednesday that Tenison will bring to the company more than 30 years of aerospace industry experience. “Gary will accelerate the critical work already underway to …

TYSONS CORNER, VA, Jan. 13, 2017 — Lockheed Martin (NYSE: LMT) continues to mentor Accurate Machine and Tool under the Defense Department‘s Mentor-Protege Program to develop the small business’ efforts to support more customers and pursue opportunities in the public sector as a prime contractor, ExecutiveBiz reported Thursday. Lockheed said Wednesday it received a three-year …

TYSONS CORNER, VA, Dec. 16, 2016 — A team comprised of Boeing (NYSE: BA), Southwest Research Institute and the National Center for Defense Manufacturing and Machining has received a four-year, $6.7 million contract from the U.S. Air Force to assist in the development of a robotic technology, ExecutiveBiz reported Thursday. SwRI said Wednesday the Air …