Tag Archives: General Electric

Michael House, a veteran GovCon industry leader, has been named vice president of business development of Siemens’ U.S. federal government subsidiary. He will oversee Siemens Government Technologies’ business capture planning, proposal and development operations in his new role, SGT said Thursday.

Oceus Networks announced on Tuesday that Brad Antle, former CEO of Salient CRGT, has been appointed executive chairman effective immediately following its acquisition by Battle Investment Group. In addition, Oceus Chief Operating Officer Jeff Harman will transition to a new role as the company's president.

General Electric's (NYSE: GE) aviation business has secured a $259.4M contract option from the Defense Logistics Agency to deliver aircraft engine support-related supplies to the U.S. Navy, Air Force and foreign military sales customers.

FSA Federal has appointed Chandler Terry as vice president of finance and accounting to provide strategic leadership for all aspects of the company’s finance functions, FSA Federal announced Wednesday.

The State Department has approved approximately $4.5B in foreign military sales agreements with France, Lithuania, Argentina and Indonesia.

The U.S. Air Force has issued a potential $101.3M contract action to procure turbofan engines from General Electric (NYSE: GE) to power the service branch's modernized F-15 fighter jets.

The Department of Defense has signed agreements worth $187M combined with five companies under the Defense Production Act Title III to help sustain domestic production capabilities and critical workforce during the COVID-19 pandemic. DoD said Friday the contracts were awarded to Austal’s U.S. arm, General Electric’s (NYSE: GE) aviation business, W International, Weber Metals and American Woolen.

The Department of the Treasury considers safeguarding a $17B loan program for eligible national security companies under the Coronavirus Aid, Relief and Economic Security Act in the event that Boeing (NYSE: BA) and General Electric (NYSE: GE) find themselves in need of funds, Bloomberg reported Tuesday. Both companies have raised funds through bond offerings, divestiture and other initiatives.

John Slattery, president and CEO of the commercial aviation business at Embraer, has been appointed to the same dual-role at General Electric’s (NYSE: GE) aviation unit in a move slated to take effect July 13.

The Department of Defense has signed agreements worth $135M combined with five vendors under Defense Production Act Title 3 to help sustain critical workforce capabilities and broaden domestic production capacity during the COVID-19 pandemic. Those contracts were signed with Bethel Industries, General Electric’s (NYSE: GE) aviation subsidiary, Spirit AeroSystems, Steel America and Allied Systems.