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Tag Archives: r&D

General Dynamics Electric Boat Lands Potential $138M Navy Submarine R&D Support Contract

General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has secured a potential $137.9 million contract to support a U.S. Navy research and development program aimed at formulating submarine concepts. Electric Boat will provide engineering and technical design services to the Navy and a foreign military sales customer under the cost-plus-fixed-fee contract, the Defense Department said …

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Lockheed Martin Eyes 1,800 New Jobs Amid Expansion in Orlando, Florida

TYSONS CORNER, VA, Feb. 16, 2018 — Lockheed Martin (NYSE: LMT) has started the construction of a new $50 million, 255,000-square-foot facility in Florida that will house research and development, program management and engineering operations for the missiles and fire control business, ExecutiveBiz reported Thursday. The company said Wednesday the future Research & …

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Fulcrum Buys PTR Group in Intell, R&D Expansion Push; Jeff Handy Comments

Fulcrum has wrapped up its purchase of Herndon, Virginia-based engineering services company The PTR Group for an undisclosed sum in a move to grow its presence in intelligence and research-and-development markets. Fulcrum CEO Jeff Handy said in a statement the acquisition supports the company’s entry into the R&D market and …

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CTC, 2 Research Institutes Win IDIQ Contract to Support Air Force Energy Efficiency R&D Efforts

Concurrent Technologies Corp., Southwest Research Institute and University of Dayton Research Institute have won a shared $49 million contract to develop tools for the U.S. Air Force to accelerate its adoption of alternative energy technologies and energy efficiency measures. The Defense Department said Friday services under the seven-year indefinite-delivery/indefinite-quantity contract will support the …

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Merlin Provides Funds for Global Distribution of Centerity Performance Analytics, BSM Tech

TYSONS CORNER, VA, Jan. 18, 2018 — Merlin International has placed an investment worth $10 million to support Centerity‘s effort to expand its sales, marketing, distribution as well as research and development operations, ExecutiveBiz reported Wednesday. The cybersecurity company said Tuesday the investment serves to facilitate collaboration and build on the global distribution …

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ASRC Federal Gets $428M DHS Contract for Plum Island Facility Operations Support; Mark Gray Comments

ASRC Federal‘s field services business has received a potential $428 million contract to help the Department of Homeland Security oversee, maintain and operate the New York-based Plum Island Animal Disease Center’s infrastructure and scientific efforts. “The training and research conducted at Plum Island are vital to protecting our country’s livestock,” …

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Gus Bontzos to Head Peraton’s Defense & Electronic Warfare Sector; Stu Shea Comments

Gus Bontzos, formerly vice president and general manager of Peraton’s former advanced solutions organization, has been appointed president of the Herndon, Virginia-based company’s defense and electronic warfare sector. The defense and electronic warfare is one of the two newly established sectors that will serve as Peraton’s research-and-development center and support work …

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Paul Eremenko to Become UTC SVP, CTO in January

Paul Eremenko, formerly chief technology officer at Airbus, will join United Technologies Corp. (NYSE: UTX) to serve as a senior vice president and CTO starting Jan. 1. He will succeed the retiring J. Michael McQuade and directly report to Greg Hayes, UTC chairman and CEO, the company said Thursday. Eremenko will …

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SSL to Analyze Propulsion Module for NASA’s Deep Space Gateway; Richard White Comments

TYSONS CORNER, VA, Nov. 21, 2017 — Space Systems Loral will conduct a study on a propulsion and control module for NASA‘s Deep Space Gateway project over four months as part of a contract from the space agency, ExecutiveBiz reported Thursday. The Maxar Technologies (NYSE: MAXR) business unit said Wednesday its concept …

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PwC: US Aerospace & Defense Firms Spend More in R&D for 2017

TYSONS CORNER, VA, Nov. 20, 2017 — PwC‘s global consulting unit has found a nearly $12 billion increase in the research and development budgets of U.S. aerospace and defense companies in 2017, led by Boeing (NYSE: BA), United Technologies Corp. (NYSE: UTX) and Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Friday. Defense …

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