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Tag Archives: featured

ATK Takes in $186M in International Contracts to Provide US Allies with Ammunition; Mike Kahn Comments

ATK (NYSE: ATK) will produce ammunition and provide related services to U.S. allies under a series of international defense contracts worth $186 million combined. The company said Wednesday that it will manufacture the ammunition at its U.S. facilities and perform the services on-site at customer facilities. “Partnering with our allies to …

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Marillyn Hewson: Lockheed Opens Israeli Office to Help Back Military’s Southern Strategy

Shelly Gotman,  managing director of Lockheed Martin‘s (NYSE: LMT) information systems and global solutions unit for Israel, will oversee the company’s newly-opened office in Be’er Sheva. “The opening of our Lockheed Martin office here in Be’er Sheva is a demonstration of our commitment to supporting the Israeli Defense Force’s ‘Move to …

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Robert Jensen Named VP, Director of MITRE-Managed FFRDC for CMS; Alfred Grasso Comments

Robert Jensen, a 20-year veteran at MITRE, has been appointed vice president and director of the Centers for Medicare & Medicaid Services Alliance to Modernize Healthcare, a federally-funded research and development center managed by MITRE. “Rob brings more than two decades of healthcare knowledge and experience to this role, ” Alfred Grasso, …

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Savi Lands 4th DoD Radio Frequency Contract; Jim Alexander, Bill Clark Comment

Savi Technology will provide radio frequency identification, real-time location systems,  satellite communications and related technologies to federal agencies under a potential five-year, $102 million contract. The company is a prime contractor on all four RFID contracts under the Defense Department‘s Automated Movement and Identification Solutions program, Savu said Wednesday. This is the second time …

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Stuart Bradie Named KBR President and CEO; Loren Carroll Comments

Stuart Bradie, group managing director for operations and delivery at WorleyParsons, is set to join KBR (NYSE: KBR) as its new president and chief executive officer effective June 2, following William Utt’s retirement. The engineering, construction and services firm said Wednesday Bradie will be based out of its global headquarters in Houston, Tx. and …

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OpGen Gets $11.6M in In-Q-Tel-Led Debt Funding

OpGen has raised $4 million in debt, warrants and securities funding from a group of investors led by In-Q-Tel, Citybizlist reported Tuesday. Sindhu Madhusudan writes the genome analysis company has also obtained $11.6 million in debt funding from investors such as In-Q-Tel, Harris & Harris Group, Highland Capital Partners, CHL Medical …

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Karl Williams Named COO, Charles Peiffer Appointed CFO at PAE; John Heller Comments

Karl Williams and Charles Peiffer, respectively former executives at Engility Corp. (NYSE: EGL) and IAP Worldwide Services, have been appointed to executive leadership positions at PAE. Williams will start in the role of chief operating officer on April 21 and Peiffer will begin his new position as chief financial officer …

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Honeywell Adds Senior-Level Positions as Part of Five-Year Growth Plan; Dave Cote Comments

Honeywell (NYSE: HON) has announced promotions and other changes within its leadership ranks as part of a five-year plan that aims to grow its businesses, expand geographically and improve its sales and margin rate. The company has “an ongoing commitment to evolving as a company, which includes the newly created …

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Lockheed MRO Announces Name Change; Amy Gowder Comments

Lockheed Martin (NYSE: LMT) jet engine maintenance, repair, and overhaul service provider Kelly Aviation Center has been renamed Lockheed Martin Commercial Engine Solutions to reflect the growth in its client base. “Since 1999, we have been proud to be Lockheed Martin’s only jet engine MRO service provider, ” Amy Gowder, …

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Elbit Systems Lands $100M Security, Intell Tech Deal

Elbit Systems (NASDAQ: ESLT) has been awarded a potential $100 million contract to deliver an integrated homeland security platform to a customer in Latin America. The Latin American client also ordered an operational intelligence system from the company, Elbit said Tuesday. Elbit expects to complete deliveries over the next year. …

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