Executive Mosaic’s GovCon Index closed down on the day as markets were mixed. After the Federal Reserve raised rates by one quarter point yesterday the markets responded with modest losses on the S&P500 and DJIA and a nominal gain on the NASDAQ. Treasury yields moved higher and the dollar lower. GovCon Index declines outpaced advances...
Executive Mosaic, Tysons Corner, VA March 9, 2017 ” DeEtte Gray, president of the intelligence and security sector at BAE Systems‘ U.S. subsidiary, has been inducted into this year’s Executive Mosaic Wash100 for her leadership in cyber talent strategy and information technology security. The Wash100 is the premier group of priv...
TYSONS CORNER, VA, March 7, 2017 ” The latest phase of the Australian air force’s potential multimillion-dollar program for the modernization of its over-the-horizon radar system has received bids from BAE Systems and Lockheed Martin (NYSE: LMT), ExecutiveBiz reported Monday. Aviation Week reported Thursday phase 6 of the J...
The U.S. Navy has awarded $383 million in contract modifications to subsidiaries of BAE Systems, General Dynamics (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) for maintenance, repair and upgrade services for San Diego-homeported amphibious ships. BAE’s San Diego Ship Repair arm, General Dynamics’...
Subsidiaries of BAE Systems, General Dynamics (NYSE: GD) and Huntington Ingalls Industries (NYSE: HII) have received contract modifications worth a combined $120.5 million to help the U.S. Navy maintain, repair or update San Diego-homeported surface combatants. The Defense Department said Monday the modifications exercise an...
Charles Woodburn, chief operating officer at BAE Systems, will officially assume the chief executive role after Ian King retires from the British defense company at the end of June. “Since his appointment last year, Charles has made an important contribution to the company, bringing impeccable engineering credentials, broad internati...
A business unit of BAE Systems has received a potential $41.3 million contract to help the U.S. Navy develop, integrate and maintain new or existing communication-electronic platforms, equipment and subsystems. Work also covers rapid design, customization, fabrication, test, evaluation, installation, certification, maintenance,&n...
BAE Systems‘ U.S. subsidiary has acquired Dayton, Ohio-based engineering company IAP Research to support programs focused on the development and production of weapon systems. IAP Research has supported BAE Systems Inc.’s work to build electromagnetic railguns for more than 10 years as a subcontractor, BAE said Tuesday. Erw...
TYSONS CORNER, VA, Feb. 16, 2017 ” BAE Systems aims to hire 80 new cyber professionals in 2017 to add to its workforce in a push to meet potential increased demand for cyber skills in the U.K., ExecutiveBiz reported Wednesday. The company said Tuesday it will also work with CyLon to develop cyber capabilities in its supply chain...
BAE Systems plans to formally appoint Chief Operating Officer Charles Woodburn as CEO of the British defense contractor before the year ends, Sky News reported Monday. Mark Kleinman writes BAE’s board of directors could announce their selection of Woodburn to succeed CEO Ian King before or in conjunction with&nbs...
