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Tag Archives: featured

Army Selects CAE for $200M Fixed-Wing Pilot Training Contract; Gene Colabatistto, Ray Duquette Comment

CAE‘s U.S. arm will provide initial and recurrent pilot training services to the U.S. Army and U.S. Air Force under a potential eight-year, $200 million contract from the Army. The company said Thursday it will train at least 600 fixed-wing pilots per year through the end of September 2023 at CAE’s future training …

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Logos Technologies Lands Navy UAV Sensor Research Contract

Logos Technologies has won a $32.8 million contract to perform research on compact sensor platforms for the U.S. Navy to use on at least three types of unmanned aerial vehicles. The Defense Department said Thursday the sensors could be integrated with Tigershark,  RQ-8 Firescout and RQ-21 Blackjack UAVs for use in …

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State Dept Approves $146M Lebanon Hellfire Missile Sale

The State Department has cleared a potential sale to Lebanon of $146 million in Lockheed Martin-built (NYSE: LMT) Hellfire II missiles and related components. The Defense Security Cooperation Agency said Thurday that Lebanon is buying 1, 000 AGM-114 missiles along with containers, spare and repair parts, support equipment, technical documentation …

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Lockheed Awarded $920M to Build 94 F-35s for US, Foreign Military Customers

Lockheed Martin‘s (NYSE: LMT) aeronautics business will manufacture a total of 94 F-35 Lightning II low-rate initial production fighter jets for several domestic and foreign military customers under a $920.3 million advanced acquisition contract. The Defense Department said Thursday the company will also provide parts, materials and components for the 78 F-35A, 14 …

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Kay Rand Appointed Northrop Electronic Systems Sector Ops VP

Kay Rand, formerly vice president of mission assurance at Northrop Grumman‘s (NYSE: NOC) electronic systems sector, has been named as the sector’s VP of operations. The 33-year company veteran will oversee the management of the organization’s facilities and programs as well as flight testing, capital, environmental, health, safety and fire …

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June 4 Market Close: GovCon Index, US Stocks Slide Ahead of Jobs Report

The GovCon Index lost nearly a full week’s worth of gains Thursday as it closed down 1.864% percent — or 1.117 points — to end at 75.920. A large-scale selloff of U.S. bonds and a lack of news from Greece’s debt talks impacted U.S. markets Thursday with traders set to watch Friday’s …

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Omniplex Names Patrick Piccininno CIO, David Singer to Head Investigative Services Group

Omniplex World Services Corp. has appointed Patrick Piccininno as vice president and chief information officer and David Singer to president of investigative services group. Piccininno will oversee the security, information assurance, programming and infrastructure functions as the lead of information technology department, Omniplex said May 13. The two-decade IT veteran …

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Former Exelis CEO David Melcher Appointed AIA Chief Executive

David Melcher,  formerly CEO of defense technology manufacturer Exelis, will join the Aerospace Industries Association trade group as president and CEO on June 8, the AIA said Thursday. Melcher led McLean, Va.-based Exelis through its October 2011 spinoff from ITT Corp. (NYSE: ITT) into an independent company and May 2015 sale to …

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SRA Awarded 7-Year FERC IT Services Contract; Paul Nedzbala Comments

SRA International has been awarded a potential seven-year, $85 million contract to provide information technology support services to the U.S. Federal Energy Regulatory Commission. The company said Thursday it established a team and a strategy to help the energy-market regulator to manage the agency’s IT infrastructure. Paul Nedzbala, executive vice …

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Stan Highsmith: Fulcrum to Help DoD Develop, Sustain Intell Data Resources

Fulcrum has been awarded a contract worth at least $70 million to deliver intelligence support services to the Defense Department. Stan Highsmith, senior vice president of Fulcrum’s COCOM and maritime division, said Monday the company would help the military develop, evaluate and sustain intelligence data repositories, analytical tools, language translation systems …

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