Posts from ExecutiveBiz for 03/31/2015

Navy Awards Huntington Ingalls $604M for Arleigh Burke Destroyer; George Nungesser Comments

Huntington Ingalls Industries (NYSE: HII) has been awarded a $604.3 million contract modification to produce an additional Aegis-guided missile destroyer for the U.S. Navy. The Arleigh Burke-class missile destroyer DDG 121 is the third of five DDG 51 destroyers the company has been tasked to build under a contract awarded in June 2013, Huntington Ingalls saidMonday…

Tom Vecchiolla: Raytheon, Estonia’s Military Forge Cyber Partnership

Raytheon and Estonia’s military have entered into a long-term arrangement to partner on cybersecurity initiatives following talks on bilateral defense cooperation in a recent Washington visit by Estonian Defense Secretary Mikk Marran…

SAIC Posts 1% 4Q Revenue Increase; Tony Moraco Comments

Science Applications International Corp. (NYSE: SAI) has announced financial results for its fourth quarter and full 2015 fiscal year ended Jan. 30, 2015. The McLean, Va.-based engineering and technical services contractor said revenue increased 1 percent for the quarter to $941 million from the prior year period, a figure that excludes $11 million in revenue performed by its former parent company Leidos Holdings (NYSE: LDOS)…

DARPA Starts Air Warfare Systems Integration Project; John Shaw Comments

The Defense Advanced Research Projects Agency has partnered with seven companies to build tools for distributing air warfare functions across multiple unmanned and manned platforms. DARPA said Monday it aims to blend new and existing airborne sensors, weapons, navigation, electronic warfare, positioning, navigation, communication and battle management architectures through the agency’s System of Systems Integration Technology and Experimentation program…

Bryan Sivak to Depart HHS as CTO; Sylvia Burwell Comments

Bryan Sivak is leaving the Department of Health and Human Services as chief technology officer, Federal News Radio reportedMonday. HHS Secretary Sylvia Burwell told the department’s staff in an email that Sivak will depart HHS at the end of April, Jason Miller reports…