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Tag Archives: featured

BAE Systems, Information Systems Labs to Develop Naval Target Systems

BAE Systems Information Solutions and Information Systems Laboratories have each won contracts totaling $45 million to develop intelligence exploitation and targeting systems for the U.S. Navy. The companies will also work to field the prototypes and maintain deployed systems, the Defense Department said Monday. The agency added that the companies will have “a fair …

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DeEtte Gray: BAE to Continue Systems Integration Support for Navy

BAE Systems will provide lifecycle engineering and technical support for the U.S. Navy‘s on-shore and at-sea communication and combat systems under a five-year contract potentially worth $146.7 million. The contract includes systems integration for the Naval Air Systems Command‘s computers, communication and combat systems, and intelligence, surveillance and reconnaissance systems, BAE …

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Heather Crofford Named VP, CFO of Northrop Unit; Ken Bedingfield Comments

Heather Crofford, formerly business management director for the cyber division of Northrop Grumman‘s (NYSE: NOC) information systems business,  will serve as vice president and chief financial officer of the enterprise shared services unit beginning March 9. The company said Monday she will succeed Donald McHugh Jr., who has joined Northrop joint …

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Marc Parent: CAE Eyes Flight Training Program Expansion with Purchase of Bombardier Unit

CAE (NYSE: CAE) has agreed to buy the military aviation training business of Bombardier for approximately $15.9 million in an effort to further help defense customers train future airmen. The Bombardier unit works with the Royal Canadian Air Force and allied forces as a prime contractor in the NATO Flying …

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January 26 Market Close: GovCon Index Dips, US Stocks Flat

The GovCon Index held relatively level alongside a largely flat U.S. stock market to record a nominal loss of 0.110 points — or 0.152 percent — and close at 74.447 on Monday. Traders considered the results from Greece’s national election that saw an anti-austerity party win 149 out of a 300 possible seats in that country’s parliament …

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Bill Toti: Cubic to Continue Support for AF Research Lab Work

Cubic (NYSE: CUB) will provide the U.S. Air Force with research,  analysis, testing and evaluation support for survivability and chemical, biological, radiological and nuclear weapons counterproliferation missions under a five-year, $9.9 million contract. The company said Monday its mission support services unit will perform the work for the Human-Centered Intelligence, Surveillance and Reconnaissance Division of the Air …

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Raytheon Purchases Unmanned Tech Services Firm Sensintel; Taylor Lawrence Comments

Raytheon (NYSE: RTN) has purchased Tucson, Ariz.-based unmanned aircraft systems services firm Sensintel for an undisclosed sum and will integrate the company into Raytheon’s missile systems business. Taylor Lawrence, president of Raytheon’s missile systems segment, said Monday Sensintel will become a part of Raytheon’s advanced missile systems product line as Raytheon aims …

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Schafer to Support DARPA Tactical Technology Office R&D for $97M

Schafer‘s government services business will provide the Tactical Technology Office of the Defense Advanced Research Projects Agency with scientific, engineering and technical assistance under a potential three-year, $96.9 million contract. The company said Thursday it will support DARPA TTO’s research and development activities for new prototype weapons, systems or platforms that create or prevent …

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Dynetics Awarded $172M to Support DIA’s Missile, Space Intell Center

The Defense Intelligence Agency has awarded Dynetics a potential five-year, $172 million contract to provide scientific and technical services to the Missile and Space Intelligence Center at Redstone Arsenal in Alabama. Work is scheduled to occur through January 2020, and DIA will obligate funds for individual task orders as they …

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January 23 Market Close: GovCon Index Ticks Up, US Stocks Have Mixed Day

The GovCon Index held relatively level against a mixed day of results in the U.S. stock market and recorded a slight gain of 0.211 points — or 0.290 percent — to close at a new all-time high of 72.557 on Friday. Disappointing earnings results from companies such as UPS and Kimberly-Clark offset investor confidence in the European …

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