Home / Tag Archives: Defense (page 30)

Tag Archives: Defense

Harris AF Counter Comm System IDIQ Hits $200M

Harris Corp. (NYSE: HRS) has won a $11, 323, 326 contract modification to upgrade two counter communication systems for the U.S. Air Force. This modification increases the total value of the firm-fixed-price contract from $191, 546, 750 to $202, 870, 076, the Defense Department said Friday. The company will upgrade …

Read More »

Steven Cortese to Depart ATK May 1; Mark DeYoung Comments

Steven Cortese, senior vice president for government relations and corporate communications at ATK (NYSE: ATK) since 2011, will leave the aerospace and defense company May 1. The 20-year legislative affairs veteran is pursuing a new career opportunity after seven years at ATK, the company said Tuesday. He serves as the …

Read More »

Mark Hewitt Promoted to QNA EVP, Chief Strategy Officer; JD Crouch Comments

Mark Hewitt, former senior vice president for technology solutions strategy at QinetiQ North America, has been promoted to executive vice president and chief strategy officer. Hewitt will be responsible for developing strategies and will also oversee QNA’s defense and commercial innovation programs, the company said Wednesday. He will also oversee the company’s …

Read More »

Andy Zirkelbach Named Wyle Corporate Contracts VP

Andy Zirkelbach, a 20-year veteran of the government contracting, aerospace and defense industries, has joined Wyle as corporate vice president of contracts. Zirkelbach brings experience in practicing for law firms and has worked for aerospace companies such as Northrop Grumman (NYSE: NOC) for more than 15 years, Wyle said Wednesday. …

Read More »

Raytheon Wins $155M to Build Self-Defense Missiles; Taylor Lawrence Comments

Raytheon (NYSE: RTN) has won a $155.6 million contract to produce missiles for defending against anti-ship cruise missiles and adversarial helicopters. The company will manufacture the Block 2 Rolling Airframe Missiles under a cooperative program between the U.S. and German governments, Raytheon said Monday. RAMSYS of Germany will jointly produce …

Read More »

Bob Kipps: 2013 GovCon M&A Slowing ‘To a Trickle’

GovCon M&A Activity Slows to a Trickle Bob Kipps, Managing Director, KippsDeSanto & Company The hangover to last year’s deal frenzy continues. As mentioned last month, deal announcements during the first part of 2013 are likely to be well below the past levels given the compression of deals into 2012–for …

Read More »

SAIC FY 2013 Revenue Up 6%, Board Approves Special $1 Dividend; John Jumper Comments

Science Applications International Corp. (NYSE: SAI) has announced financial results for its fourth quarter and full 2013 fiscal year, ended Jan. 31, 2013. Fourth quarter revenue rose 10 percent year-over-year, going from $2.47 billion in the prior year period to $2.71 billion. For fiscal 2013, the company reported a 6 …

Read More »

EADS Stockholders Approve Ownership Change, Share Buyback

EADS shareholders overwhelmingly approved changes to the aerospace and defense conglomerate’s ownership structure and a 15 percent share buyback plan, Reuters reports. According to Tim Hepher’s report, EADS CEO Tom Enders said the changes would change government involvement in the group from regulator to customer and give management independence. France and …

Read More »

Dave Schmitz Promoted to Cubic Defense Lead; Brad Feldmann Comments

Dave Schmitz, a former chief operating officer for Cubic Corp.’s defense applications business segment, has been promoted to president of the segment nine months after first joining the company. Schmitz succeeds Brad Feldmann, who in February was promoted to president and chief operating officer of Cubic, the company said Tuesday. …

Read More »

General Dynamics to Build Navy Ship Gun Systems; Michael Bolon Comments

General Dynamics‘ (NYSE: GD) land systems business unit has won a $25.7 million contract to produce eight gun systems for the U.S. Navy to use on San Antonio-class and Littoral Combat Ships. The MK46 30mm Naval Weapon Systems are intended to function as the San Antonio-class’ main deck gun and as the …

Read More »