Home / Tag Archives: govcon (page 823)

Tag Archives: govcon

June 1: GovCon Index Rises, Stocks Gain on Manufacturing Data

The GovCon Index started the week with a close in positive territory — a gain of 2.498 points, or 3.361 percent, to end the day at 76.805. Rockwell Collins (NYSE: COL), the Iowa-based avionics maker, replaced the Exelis as an Index company Monday to maintain the number of listed companies at 30. U.S. stocks climbed after …

Read More »

Verizon Public Sector Cloud Offers On-Demand Option

TYSONS CORNER, VA June 1, 2015 — ExecutiveBiz reported Friday on Verizon (NYSE: VZ) adding an on-demand pay-as-you-go option to its public sector infrastructure-as-a-service cloud offering. The new option to Enterprise Cloud: Federal Edition, granted a FedRAMP authority to operate in November 2014, works to provide support for variable workloads and …

Read More »

Red Hat, Tata Team for Network Function Virtualization Service

TYSONS CORNER, VA June 1, 2015 — Red Hat (NYSE: RHT) has partnered with Tata Consultancy Services of India to provide an OpenStack-based orchestration and test tool for network function virtualization services. The framework will work to hasten service design verification, orchestration, functionality and configuration of NFV services, Tata said Wednesday. “The …

Read More »

Huntington Ingalls ‘Shipyard of the Future’ Project Gets Mississippi Investment

TYSONS CORNER, VA June 1, 2015 — Huntington Ingalls Industries (NYSE: HII) has received $20 million from the Mississippi state government in support of its Shipyard of the Future initiative. The financial investment will go toward the development of a new dry dock and covered facilities for the company’s 11, 000 shipbuilders …

Read More »

Army Tests Northrop Air and Missile Defense System

TYSONS CORNER, VA June 1, 2015 — ExecutiveBiz reported Friday on the U.S. Army kicking off flight tests for the Northrop Grumman (NYSE: NOC) integrated air and missile defense battle command system. Northrop said the IBCS mission control software was used in conjunction with Patriot radar and launchers to intercept a …

Read More »

Raytheon Launches New Subsidiary in San Diego

TYSONS CORNER, VA June 1, 2015 — ExecutiveBiz reported Friday on Raytheon (NYSE: RTN) creating Raytheon Anschuetz USA LLC, a new subsidiary designed to expand its U.S. navigation systems market portfolio. “With this new company, we offer dedicated local support for U.S.-based customers, with greater flexibility, and set the foundation …

Read More »

Tarek El-Sadany Joins Unisys as CTO, Technology SVP; Peter Altabef Comments

Tarek El-Sadany, formerly vice president of global product support services at Oracle (NYSE: ORCL), has joined Unisys (NYSE: UIS) as chief technology officer and senior vice president for technology. Unisys said Monday El-Sadany will lead an organization that works toward technology delivery based on client requirements and updated delivery models. He …

Read More »

Rakesh Sharma: Ultra Electronics to Buy Kratos Division in EW Market Push

Britain-based conglomerate Ultra Electronics has agreed to purchase Kratos Defense & Security Solutions‘ electronic products division for up to $265 million in cash in order to push further into the electronic warfare market. Ultra said Monday Kratos will receive $260 million upfront and up to $5 million in potential additional payments under the …

Read More »

NASA Names Jacobs Prime Contractor for Ames Facilities Maintenance

A Jacobs Engineering Group (NYSE: JEC) subsidiary will provide facilities maintenance support to NASA‘s Ames Research Center in California as the prime contractor on a hybrid contract worth up to $228 million. NASA said Friday Jacobs Technology will develop and implement a reliability-centered maintenance program across several technical services areas to drive operations and maintenance effectiveness and …

Read More »

State Dept Clears $130M Guided Bomb Unit Sale to UAE

The State Department has approved the United Arab Emirates’ request to purchase guided bomb units and related equipment from the U.S. under a potential $130 million foreign military sales contract. The UAE plans to use the guided munitions to address Houthi insurgency in Yemen and potential threats posed by the Islamic …

Read More »