Tag Archives: featured

Lockheed Picks AGI for F-35 Test, Evaluation Software; Joe Murphy Comments

Lockheed Martin (NYSE: LMT) has awarded a contract to software provider Analytical Graphics Inc. to develop a test and evaluation platform for the F-35 aircraft. AGI will use a systems tool kit to create a tool for use in test planning, execution and post-flight evaluation work, AGI said Monday. “We are …

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AAR Awarded $400M for Military Containers, Shelters; Mark Platko Comments

AAR (NYSE: AIR) has been awarded a potential five-year,  $400 million contract by the Defense Logistics Agency to provide shelters and containers for shipping and storage to the U.S. military. Other federal agencies can acquire the equipment under the contract awarded by DLA’s troop support office, AAR said Thursday. The company intends …

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ATK to Build Army Small-Caliber Rifle Ammo for $387M; Kent Holiday Comments

ATK (NYSE: ATK) has been awarded $387 million in orders by the U.S. Army to produce three types of small-caliber rifle ammunition. These orders are part of contracts that cover the next seven years and could extend for up to 10 years, the company said Monday. The company will produce the …

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Martin Schroeter to Become IBM CFO Jan. 1, Mark Loughridge to Retire

Martin Schroeter,  general manager for global financing at IBM (NYSE: IBM), will elevate to the chief financial officer role on Jan. 1, 2014 and succeed the retiring Mark Loughridge. Loughridge, a 36-year company veteran, will retire with the longest tenure of any CFO in the 102-year history of IBM after serving …

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AppTek Buys Leidos’ Translation, Speech Recognition Software; Mohammad Shihadah Comments

Leidos (NYSE: LDOS) has sold its Omnifluent suite of human language technology products to McLean, Va.-based speech recognition technology company Applications Technology. Omnifluent products work to use speech recognition and translation tools for more than 30 languages and dialects and the sale includes applications in media monitoring, closed captioning, subtitling, mobile and …

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Mike Malone Named to Kratos Unmanned Advisory Role; Jerry Beaman Comments

Mike Malone, a retired U.S. Navy vice admiral, has joined Kratos Defense & Security Solutions (NASDAQ: KTOS) as a special assistant to Jerry Beaman,  president of the unmanned combat aerial systems. He will work with customers such as the Navy and Marine Corps on the company’s UCAS performance, mission requirements and …

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CTC Affiliate to Produce Navy Helicopter Countermeasure Program Kits

An affiliate of Concurrent Technologies Corp. has been awarded a $14, 205, 582 contract modification to build 10 carriage, stream, tow and recovery system kits for the U.S. Navy. The Navy is acquiring the kits from CTC Enterprise Ventures Corp. for the MH-60S Airborne Mine Countermeasures program, the Defense Department said Thursday. CTC …

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Northrop Wins $178M to Help Air Force Maintain Surveillance Aircraft; Bryan Lima Comments

Northrop Grumman Corp. (NYSE: NOC) has been awarded $178 million contract to continue performing maintenance services on a U.S. Air Force surveillance aircraft fleet. The company runs logistics, engineering, training, mission support, supply chain and depot maintenance work for the E-8C Joint Surveillance Target Attack Radar System, Northrop said Thursday. This contract …

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Chris Alexander Promoted to Parsons Govt Services Global Business Development Head

Christian “Chris” Alexander, a 10-year veteran of Parsons Corp. and a senior vice president, has been promoted to director of global business development for the company’s government services group. The 25-year business development veteran will lead the group’s global sales and marketing program in his new role, Parsons said Thursday. He …

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Catherine Gridley Joins Northrop as Technical Services Sector Business Development VP

Catherine Gridley, formerly vice president of the aviation business at DynCorp International, has joined Northrop Grumman (NYSE: NOC) as VP of business development for the company’s technical services sector. Gridley will be responsible for the sector’s business development activities and also oversee capture activities in her new position, Northrop said Thursday. …

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