The Raytheon-built (NYSE: RTN) AIM-120C-7 medium air-to-air missile and the F-16 fighter jet from Lockheed Martin (NYSE: LMT) were the most popular weapon systems the U.S. sold to allies in fiscal year 2019 through the foreign military sales program, Bloomberg Government reported Wednesday.
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TYSONS CORNER, VA, July 19, 2018 — Lockheed Martin (NYSE: LMT) has partnered with a joint venture between Raytheon (NYSE: RTN) and Thales to deliver command-and-control technology in support of NATO’s air and ballistic missile defense system, ExecutiveBiz reported Wednesday. ThalesRaytheonSystems will serve as system integrator and work with Lockheed to …
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TYSONS CORNER, VA, July 3, 2018 — SOS International will provide intelligence technical services in support of U.S. Army operations in Europe under a potential $78.2 million contract, ExecutiveBiz reported Monday. The Defense Department said Friday the fixed-price contract covers support for the Army 409th Combat Support Battalion based in Germany, with work locations …
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TYSONS CORNER, VA, Feb. 20, 2018 — A Cubic (NYSE: CUB) business unit will provide analytical services in support of the U.S. European Command‘s joint training events with partners in Europe under a recent contract, ExecutiveBiz reported. The company said Cubic Global Defense will support the Joint Exercise Program and Title X exercises in efforts to …
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A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector reached $72 billion in 2017, exceeding the previous record of $67 billion set in 2015. PwC reported that A&D companies worldwide recorded 454 M&A transactions last year with an average deal size of $411 million. Significant …
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TYSONS CORNER, VA, Jan. 12, 2018 — The Orbital ATK-built (NYSE: OA) GovSat-1 multimission satellite has been shipped to Cape Canaveral Air Force Station in preparation for its launch aboard a SpaceX Falcon 9 rocket at the end of the month, ExecutiveBiz reported Thursday. GovSat said Thursday the satellite will work to support a …
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Fred Werner, formerly president of AECOM‘s (NYSE: ACM) design and consulting services group in the Americas, will assume a new role as president of major pursuits in line with the company’s strategy. The global infrastructure firm said Monday the appointment is part of efforts to build a diversified executive leadership team that …
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TYSONS CORNER, VA, Sept. 12, 2017 — Symantec (Nasdaq: SYMC) has unveiled its findings on the recent activities of a cyber espionage group called “Dragonfly” that has targeted the energy sector in Europe and North America, ExecutiveBiz reported Monday. The company said Wednesday Dragonfly appears to have re-emerged in late 2015 and …
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TYSONS CORNER, VA, Aug. 16, 2017 — Lockheed Martin (NYSE: LMT) has completed the integration of an updated A2100 communications satellite for Arabsat and the King Abdulaziz City for Science and Technology organization in Saudi Arabia, ExecutiveBiz reported Friday. “We’ve modeled this activity in our virtual reality lab hundreds of times, but this is …
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Speedcast International has signed a definitive agreement for a potential $100 million acquisition of UltiSat in efforts to establish a new government division and build on existing remote communications offerings to the public sector. Speedcast said Sunday the pending transaction with the U.S. government contractor is anticipated to complement the Speedcast portfolio for …
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