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Tag Archives: featured

Sean Fitzpatrick: LexisNexis Extends Information Services for US Courts Admin Office

LexisNexis has been awarded a contract from the Administrative Office of the U.S. Courts to provide information services to federal judiciary personnel for five additional years. The company will continue to make its nonlegal and legal research tools, content and resources accessible to federal defenders, court staff members, and probation …

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December 1 Market Close: GovCon Index Starts Month With Loss

The GovCon Index kicked off the final month of 2014 with a decline of 0.826 percent — or 0.574 points — to 70.058 on Monday. Lower-than-expected sales over Thanksgiving weekend and a decline in Supply Management’s national factory activity index for October drove stock prices downward, CNBC reported. Laggers led gainers by a three-to-one ratio …

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Bridget Lauderdale Named Lockheed Corporate Strategy, BD SVP; Marillyn Hewson Comments

Bridget Lauderdale,  vice president and general manager of aeronautics operations at Lockheed Martin (NYSE: LMT), will take a new role as SVP for corporate strategy and business development and a corporate officer of the company. Lauderdale will start in her new position on Jan. 1, 2015 and be responsible for new business capture and …

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Tom Arseneault to Head Electronic Systems at BAE’s US Arm, Retain COO Title

Tom Arseneault, chief operating officer at BAE Systems‘ U.S. subsidiary and a 14-year BAE veteran, will take on the additional role of president of the subsidiary’s electronic systems sector on Jan. 1, 2015. BAE said Monday that Arseneault will continue to hold the chief operating officer role for the subsidiary — BAE …

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Steve Comber: Leidos to Support NIH Grants, Research Mgmt System

Leidos (NYSE: LDOS) will provide information technology services to the National Institutes of Health‘s Electronic Research Administration under a potential five-year, $113 million contract for work to support eRA’s electronic systems. The company said Monday that eRA develops, maintains and deploys electronic systems that manage information on NIH and Department of Health and …

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KGS Acquires Medical Simulation Tech Maker

Fairfax, Virginia-based technology and professional services contractor KGS has purchased a portion of Employee Leasing Solutions that manufactures medical training simulation products. KGS acquired the TraumaFX product line in an effort to bring “rugged and realistic” medical simulation products to its customers, the company said Wednesday. TraumaFX comprises untethered trauma training manikins with special effects technology …

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State Dept. OKs Proposed Iraq Purchase of Lockheed C-130E/J Sustainment Package

The State Department has approved Iraq’s request to purchase equipment, parts and associated training, logistics and sustainment services for Lockheed Martin‘s (NYSE: LMT) C-130E/J aircraft under a potential five-year, $800 million contract. The Defense Security Cooperation Agency said Wednesday that the proposed foreign military sale includes maintenance, documentation, spare and repair parts, …

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Airbus Sells Back $987M in Dassault Aviation Shares; Marwan Lahoud Comments

Dassault Aviation has repurchased 810, 072 of its own shares from Airbus Group for approximately $987 million or $1, 221 per share through a block trade. The transaction would reduce Airbus’ ownership stake in Dassault from 46 percent to 42 percent, Airbus said Friday. Marwan Lahoud, marketing and chief strategy …

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Philippe Logak Named Acting Thales Chairman, CEO

Philippe Logak, corporate secretary and general counsel at Thales, has been appointed to serve as the company’s chief executive and chairman on an interim basis. He succeeds Jean-Bernard Levy, who has stepped down to lead French electric utility firm EDF, Thales said Thursday. Logak joined Thales in 2013 as general …

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November 26 Market Close: GovCon Index Extends Climb With Push From Cubic

The GovCon Index continued its week of gains into a third straight day as it closed at 70.507 — a 0.35 percent increase from Tuesday. Cubic Corp. (NYSE: CUB) was the largest gainer for the Index as the company said in its earnings release it set a new quarterly revenue record. Reuters …

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