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Tag Archives: BAE Systems

BAE Announces Reorganization Plan, Names New CTO in Series of Exec Moves

BAE Systems has announced plans to eliminate its U.K. and international platforms and services operating groups as part of a reorganization effort that will take effect on Jan. 1. The company said Tuesday it will consolidate its military air and information business, its interest in the MBDA joint venture as …

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The Potomac Officers Club Adds Roxanne Banks, Dea Merchant and Martha Shepard to FY18 Budgets & Procurement Event

TYSONS CORNER, VA, October 10, 2017 – The Potomac Officers Club — a division of Executive Mosaic — has added Roxanne Banks and Dea Merchant to the panel for the FY18 Budgets & Procurement Forum. Martha Shepard will be moderating the event. As the fiscal year comes to a close, industry is eagerly …

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BAE Secures $100M Army Intell Data Collection, Analysis Support Contract

BAE Systems has received a potential four-year, $100 million contract to help the U.S. Army‘s 116th Military Intelligence Brigade obtain situational awareness with the use of sensor and geospatial platforms. The company said Monday it will support MIB in efforts to analyze, collect, exploit, process and disseminate intelligence data and video essential …

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October 9th Market Close: GovConIndex and Major Indices Close Down

The Executive Mosaic GovCon Index (GCI) fell today by 0.042  percent to 109.149 with advancing and declining shares pretty well split even. The major indices all closed down, with the S&P500 closing down 0.18 percent to 2,544.73, while the DJIA closed at 22,761.07 off 0.06 percent, and the NASDAQ Composite closed down 0.16 …

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BAE to Expand UK Navy Ship Support in Portsmouth With Queen Elizabeth Carriers

TYSONS CORNER, VA, Oct. 9, 2017 — BAE Systems has secured an estimated $179.7 million modification to its maritime support delivery framework contract with the U.K. defense ministry for the expansion of the company’s work to support ships based at Portsmouth Naval Base, ExecutiveBiz reported Friday. The company said Thursday it will provide …

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Executive Mosaic’s Weekly GovCon Round-up: September’s Billion Dollar Contracts

Weekly Roundup October 2 – October 6 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Last month the GovCon community witnessed a number of highly valued contracts. September had eight contracts valued over a billion dollars awarded for a variety of …

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Al Whitmore to Head Intell & Security Sector at BAE’s US Arm; Jerry DeMuro Comments

Al Whitmore, former senior vice president of the global solutions division at General Dynamics‘ (NYSE: GD) information technology business unit, has been named president of intelligence and security sector at BAE Systems‘ U.S. subsidiary in a move that takes effect Oct. 16. He will lead BAE Systems Inc.‘ I&S sector headquartered in …

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UK to Unveil $1.3B Maintenance, Support Framework for British Navy Warship Fleet

Michael Fallon, U.K. defense minister, will introduce a potential $1.33 billion framework to provide support services and maintain the British navy’s fleet of aircraft carriers, amphibious ships, frigates and other warships. The U.K. government’s Common Support Model aims to consolidate support contracts into a single structure to speed up maintenance …

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October 3rd Market Close: GovConIndex and Market Indices Move Positive to Again Set New Highs

The Executive Mosaic GovCon Index (GCI) continued its strong performance gaining 0.115 percent, setting another record mark of 108.585 with advancing shares slightly outpacing declining 17 to 13. The markets continued their positive direction, once again reaching new record highs as car manufacturing reported the best month of the year. The S&P500 was up 0.22 …

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BAE Systems, University Partner Develop ‘Adaptable’ Hybrid UAV Concept

TYSONS CORNER, VA, Oct. 3, 2017 — BAE Systems has teamed with Cranfield University in the U.K. to develop a conceptual hybrid unmanned aerial vehicle that could shift between rotary-wing and fixed-wing modes and work with different launch and recovery settings, ExecutiveBiz reported Monday. The company said Friday the Adaptable UAV concept is …

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