TYSONS CORNER, VA, Aug. 30, 2016 ” A subsidiary of BAE Systems in Denmark has reached an agreement to provide the United Arab Emirates an internet surveillance technology that works to perform deep packet inspection, ExecutiveBiz reported Monday. The Intercept reported Friday that the agreement between BAE Systems Applied Intelli...
The U.S. Navy has awarded positions on a pair of indefinite-delivery/indefinite-quantity contracts worth up to $950.8 million combined over five years for sustainment work on the Littoral Combat Ships 1 variant class. BAE Systems‘ Southeast Shipyards Mayport division and General Dynamics‘ (NYSE: GD) NASSCO subsidiary can vie for task ord...
Executive Mosaic’s GovCon Index stumbled to negative late afternoon Thursday on a plunge in McKesson Corp. (NYSE: MCK) with other health stock declines despite an upgrade to L-3 Communications (NYSE: LLL) by JPMorgan and gains by other defense primes and government services providers. GovCon Index gainers outnumbered lagger...
BAE Systems and Raytheon (NYSE: RTN) have each received contracts worth nearly $228.3 million combined from Australia™s defense ministry for services in support of military projects there. Defense Minister Christopher Pyne announced the contract extensions for the two companies during a trip to Australia’s New South Wales s...
BAE Systems PLC Chief Operating Officer Charles Woodburn will start a series of meetings with clients and suppliers sometime in October or November as part of preparations to succeed Ian King as CEO of the British defense contractor, Bloomberg reported Wednesday. Benjamin Katz and David Hellier report that Woo...
David Lockwood, CEO of U.K.-based electronics firm Laird, will succeed Bob Murphy as CEO of Cobham by Jan. 1, 2017. Murphy will leave his post by the end of 2016 and will be succeeded by Lockwood on the company™s board of directors, Cobham said Wednesday. “David has a background in defense and communications technology which are...
TYSONS CORNER, VA, Aug. 16, 2016 ” BAE Systems has unveiled a cybersecurity and threat intelligence hub in Malaysia in support of cyber awareness and cyber technology adoption efforts in the country, ExecutiveBiz reported Monday. The company said Thursday the Malaysian Nerve Center in Kuala Lumpur will work alongside BAE’s&...
TYSONS CORNER, VA, Aug. 15, 2016 ” BAE Systems will provide logistics services in support of the U.S. Army‘s tactical signal intelligence payload system under a potential $38.2 million contract, ExecutiveBiz reported Friday. The Defense Department said Thursday the contract covers support for the company-built payload through Au...
The U.S. Navy has awarded seven companies contract modifications worth $117.3 million combined to continue to provide technical and engineering services for the service branch’s vessels. The contract modifications were awarded to exercise the second option year on a previously awarded cost-plus-fixed-fee, indefinite-delivery/indefinite-quanti...
Executive Mosaic’s GovCon Index closed Friday down 0.148 points to 82.467 to end the week with a 0.315-point loss. The Index mirrored the larger U.S. market as the retail sales report for July showed no change from the previous month and manufacturing data fell below analyst expectations. Four of GCI’s S&P 50...
