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Tag Archives: General Electric

State Dept Approves $300M Sale of SH-60F Sea Hawk Helicopter Components to Israel

The State Department has cleared Israel’s request to procure SH-60F Sea Hawk helicopter components and related support services from the U.S. government under a potential $300 million foreign military sales agreement between the two countries. General Electric (NYSE: GE) and Science and Engineering Services will serve as principal contractors for …

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GE, UTC Awarded Air Force Adaptive Engine Design, Testing Support Contracts

A General Electric (NYSE: GE) subsidiary and United Technologies Corp. (NYSE: UTX) have each received a potential five-year, $1 billion contract to provide design, fabrication, testing and integration support services for the U.S. Air Force’s turbofan adaptive engines. The service branch awarded the sole-source contracts with priced options to GE Aviation and UTC …

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Darius Adamczyk Named Successor of Honeywell CEO Dave Cote

Darius Adamczyk, president and chief operating officer at Honeywell (NYSE: HON), will serve as the technology and manufacturing company’s CEO, effective March 31, 2017. Adamczyk will succeed Dave Cote, who will continue to serve as Honeywell’s executive chairman through April 2018 and then commence a five-year noncompete and consulting agreement with …

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Army Taps Boeing for $667M Apache Helicopter FMS Contract With Qatar

Boeing (NYSE: BA) has received a potential four-year, $667.5 million contract from the U.S. Army to deliver 24 AH-64E Apache helicopters and related equipment to Qatar as part of a foreign military sales agreement. The company will perform work in Mesa, Arizona, through May 31, 2020, under the fixed-price-incentive contract and …

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State Dept OKs Potential $420M F/A-18 Support FMS to Kuwait

The State Department has approved a possible $420 million foreign military sale of F/A-18 C/D support services and spares to Kuwait. The Defense Security Cooperation Agency said Thursday Kuwait’s request covers F/A-18 avionics software and engine component upgrades, ground support equipment, engine and aircraft spares and repair parts, publications and technical documentation, engineering change …

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Scott Miller Named FCi Federal CEO, Sharon Virts to Become Exec Chairman

Scott Miller, president of FCi Federal since 2012, will serve in the additional role of CEO at the Ashburn, Virginia-based operations management and professional services contractor. FCi Federal said Monday that Miller will bring three decades of management and operations experience in the federal and commercial markets to his new position. He has managed the company’s …

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Christopher Noone Joins Fonteva as Business Development VP; Jerry Huskins Comments

Christopher Noone, formerly head of the public sector independent software vendor business of Salesforce (NYSE: CRM), has joined Fonteva as vice president of business development. Noone will be responsible for the company’s endeavor to increase revenue for emerging product lines, Fonteva said Monday. Jerry Huskins, CEO of Fonteva, said Noone’s …

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Weekly Roundup Jan 4 – Jan 8 2016: Slow Start for GovCon Stocks in 2016 & more

Jan. 4 – Jan. 8 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Any thoughts that the start of 2016 would be smooth sailing for U.S. government contracting stocks and financial markets have quickly been cast aside as volatility from 2015’s second …

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AT&T, Partners Use Internet of Things to Create More Connected Communities

TYSONS CORNER, VA, January 7, 2016 — AT&T (NYSE: T), Cisco (Nasdaq: CSCO), Deloitte, IBM (NYSE: IBM),  Intel (Nasdaq: INTC),  General Electric, Ericsson and Qualcomm Technologies have tied up in support of AT&T’s strategy to help local governments create more connected communities, ExecutiveBiz reported Wednesday. AT&T said Tuesday it will provide Internet of …

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GE Lands $1B Gas Turbine Production Contract With Saudi Electricity; Mohammed Mohaisen Comments

General Electric (NYSE: GE) has secured a potential $1 billion contract from Saudi Electricity Co. to engineer and build four gas turbines for SEC’s combined cycle power plant in Saudi Arabia. GE said Thursday it will also construct a steam turbine at its New York facility, provide turbine-related services and …

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