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Tag Archives: Caterpillar

Energy Sector Vet Debra Reed-Klages to Join Lockheed Board; Marillyn Hewson Quoted

Former Sempra Energy Chairman, President and CEO Debra Reed-Klages has been named a member of Lockheed Martin's (NYSE: LMT) board of directors in a move that takes effect Nov. 1. "Debra brings a demonstrated track record of global business leadership and extensive experience in risk management and environmental and sustainability strategies," said Marillyn Hewson, Lockheed CEO and a 2019 Wash100 winner.

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Boeing Splits Chairman, CEO Roles; David Calhoun Named Non-Executive Chairman

David Calhoun, independent lead director at Boeing (NYSE: BA), has been elected to serve as non-executive chairman after the aerospace and defense company’s board decided to separate the chairman and CEO roles in an effort to strengthen the firm’s safety management practices and governance.

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Five Companies to Supply FEMA Generators Under $90M Shared Contract Modification

The Defense Logistics Agency has awarded a $90M contract modification to five companies for the supply of generators and related supplies to the Federal Emergency Management Agency. Contractors will perform work in Virginia, Washington, D.C., Illinois, Georgia and Texas through July 1, 2019, the Department of Defense said Tuesday. The awardees …

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David Calhoun Named Boeing Lead Director, Kenneth Duberstein Nominated for Re-election to Board

David Calhoun, a board member at Boeing (NYSE: BA) since 2009, has been elected to succeed Kenneth Duberstein as lead director of the Chicago, Illinois-based defense and aerospace contractor’s board in a move that takes effect April 30. “Dave is a tremendous asset to Boeing, bringing invaluable skills and experience …

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Howard Lance Joins MDA as President, CEO; Bob Phillips Comments

Howard Lance, former chairman and CEO of Harris Corp. (NYSE: HRS),  has been selected to succeed Daniel Friedmann as president and CEO of MacDonald, Dettwiler and Associates, effective May 16. MDA said Thursday Lance is expected to join MDA’s board of directors, while Friedman will continue to serve as a …

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July 23 Market Close: GovCon Index Follows Blue Chips to Close Down

The GovCon Index closed down for the third consecutive day losing 0.146 points to 75.915. Caterpillar (NYSE:CAT), 3M (NYSE :MMM), and American Express (NYSE:AXP) all turned in disappointing results dropping more than 2.5% on the day. A sluggish international market and strong U.S. dollar have impacted global operations for multinational companies. The Dow Jones …

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