Posts from ExecutiveBiz for 08/24/2015

August 24 Midday Special Report: GovCon Index Reflects Global Selloff, Near 3% Decline

The GovCon Index felt the effects of a global selloff Monday and sat at a decline of 2.689 percent to 71.049 as of 11:50 a.m.Eastern time with all 30 Index companies in negative territory. Worries over a potential slowdown in China’s economy has triggered large-scale declines in worldwide stock markets over the recent week and the Dow Jones Industrial Average at one point was down approximately 6…
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Ultra Electronics Closes Buy of Kratos’ US, UK Electronic Products Business

British manufacturing conglomerate Ultra Electronics Holdings has completed its purchase of Kratos Defense & Security Solutions‘ (Nasdaq: KTOS) U.S. and U.K. electronic products business for $260 million in cash and $5 million in taxes incurred…
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Lockheed Orders Orbital ATK’s Satellite Propellant, Pressurant Tanks for A2100; Mike Cacheiro Comments

Lockheed Martin has selected Orbital ATK to build propellant and pressurant tanks for Lockheed’s new A2100 satellite platform. Orbital ATK will supply a composite pair of liquid propellant tanks, titanium-lined pressurant tanks and titanium-lined ion propulsion xenon tanks to Lockhed under the five-year contract, Orbital ATK said Monday
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AF Maj. Gen. Sarah Zabel Joins DISA as Vice Director

Maj. Gen. Sarah Zabel, formerly director of cyberspace strategy and policy at the U.S. Air Force, has been reassigned to the Defense Information Systems Agency as vice director, C4ISR & Networks reported Friday
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Aerie Aerospace Lands $146M NASA Engineering, Trade Support Contract

Aerie Aerospace LLC has won a $146 million contract to assist NASA in the agency’s engineering and trade works at the Marshall Space Flight Center in Huntsville and Michoud Assembly facility in New Orleans…
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Teletrac Division to Help Agencies Manage Fleets; Shelley Lynch-Holmes Comments

Fleet Management Solutions will continue its deliveries of systems designed to help government agencies handle their vehicle fleets under a new five-year contract from the General Services Administration…
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