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Tag Archives: Defense Department

Orbital ATK Receives $50M Order for Non-US Standard Ammunition

TYSONS CORNER, VA, Jan. 25, 2017 — Orbital ATK (NYSE: OA) has received a $50 million order from the U.S. government to supply non-U.S. standard ammunition to the Defense Department and international allies, ExecutiveBiz reported Tuesday. The company said Monday the award adds to at least $200 million in non-U.S. standard ammunition orders in …

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January 24 Market Close: GovCon Index Advances With Boeing Lift, Lockheed Drags on Dimmed Guidance & Sikorsky Material Weakness

Executive Mosaic’s GovCon Index traded higher Tuesday on a lift from Boeing (NYSE: BA) and government services stocks as Lockheed Martin (NYSE: LMT) fell after the defense contractor reported material weaknesses related to internal controls for financial statements at its Sikorsky helicopter subsidiary. All three major U.S. stock indices also advanced as the S&P …

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Army Taps L3 Unit for Transmission Systems, Ancillary Hardware Supply

TYSONS CORNER, VA, Jan. 24, 2017 — The U.S. Army has awarded a $33.1 million contract modification to L3 Technologies‘ (NYSE: LLL) combat propulsion systems business unit for transmission systems, related ancillary hardware and operational reliability services, ExecutiveBiz reported Monday. L3 will deliver 800-horsepower transmissions and 96 hydro-mechanically propelled transmission systems through Oct. …

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Unisys’ PV Puvvada: Development of Govt Cyber Capabilities Expected to Rise in 2017

TYSONS CORNER, VA, Jan. 24, 2017 — PV Puvvada, president of Unisys‘ (NYSE: UIS) federal systems business, predicts that the U.S. government will increase efforts to develop offensive cyber techniques in 2017 to help strengthen the cybersecurity of government data, political systems and the country’s critical infrastructure, ExecutiveBiz reported Monday. Puvvada wrote in piece published …

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BAE Business Unit to Support USS Roosevelt Modernization Effort Under $68M Navy Contract

TYSONS CORNER, VA, Jan. 24, 2017 — The U.S. Navy has awarded a BAE Systems business unit a $68.5 million contract for facilities and human resources services in support of the modernization, repair and sustainment of the USS Roosevelt guided missile destroyer, ExecutiveBiz reported Monday. BAE’s Southeast Shipyard Mayport will perform work …

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Raytheon Secures $235M in Navy Standard Missile-6 Production Funds

The U.S. Navy has awarded Raytheon (NYSE: RTN) a $235 million contract to fund the fourth year of full-rate production of Standard Missile-6 all-up rounds and spares. Raytheon said Monday it is scheduled to begin delivery of new SM-6 multimission missiles to the Navy in 2018. The company added the missiles will feature an anti-surface function and will be deployed on …

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Former DHS Secretary Jeh Johnson Rejoins Law Firm Paul, Weiss in Partner Role

Jeh Johnson, former secretary of the Department of Homeland Security, has returned to Paul, Weiss, Rifkind, Wharton & Garrison LLP to serve as a partner in the law firm’s litigation department. Johnson will work through Paul, Weiss’ Washington and New York offices and will advise boards of directors and management …

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Amyx Gets $189M JIDO Mission Support Task Order Under GSA OASIS SB Vehicle

Reston, Virginia-based information technology platforms provider Amyx has secured a potential five-year, $189.2 million task order from the General Services Administration to provide mission support services to the Joint Improvised-Threat Defeat Organization. GSA’s federal systems integration and management center received eight bids for the cost-plus-award-fee task order that was awarded …

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Potomac Officers Club Rounds Out Speakers List for Internet of Things Forum

TYSONS CORNER, VA., January 24, 2017 — The Potomac Officers Club — a division of Executive Mosaic — rounds out speakers for their 2017 Internet of Things – Emerging Technologies Forum. The Internet of Things (IoT)—a term used to describe the set of physical objects embedded with sensors or actuators …

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Nelson Ford to Retire as LMI President & CEO

Nelson Ford, president and CEO of LMI over the past eight years, has informed the Virginia-based nonprofit government consulting firm’s board of directors that he plans to retire from his dual role this spring. LMI said Thursday Ford will continue to serve until a successor is found and the board partnered with executive search firm …

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