Posts from ExecutiveBiz for 04/26/2016

Lockheed Boosts 2016 Earnings, Revenue Outlook

Lockheed Martin (NYSE: LMT) — one of 30 companies listed in Executive Mosaic’s GovCon Index and an S&P 500 stock — lifted its profit and revenue outlooks for 2016 despite a year-over-year decline in first quarter net income due to one-off charges for workforce reductions and other items…

Gen. David Goldfein Nominated for Air Force Chief of Staff

Air Force Gen. David Goldfein, currently the service branch’s vice chief of staff, has been nominated to succeed the retiring Gen. Mark Welsh as chief of staff upon the scheduled completion of the latter’s four-year tenure July 1, the Pentagon said Thursday…

Raytheon to Provide Surveillance Radar Operations Support Under $104M Navy Contract; Dave Wajsgras Comments

Raytheon (NYSE: RTN) has received a potential $104 million contract to provide maintenance and operations support for the U.S. Navy’s Relocatable Over-the-Horizon Radar system. ROTHR is a surveillance radar system designed to detect and track aircraft and ships at long ranges over a coverage area of 2…

James Clapper Addresses Encryption’s Impact on Intell Gathering Vs Terrorist Groups

Director of National Intelligence James Clapper has said the availability of commercial encryption software “had and is having major, profound effects on our ability” to gather intelligence on the Islamic State organization, the Christian Science Monitor reported Monday…

NASA Research Center Eyes Collaborative Cybersecurity With Proposed ‘Gryphon X’ Project

A cybersecurity proposal from NASA‘s Ames Research Center in California seeks to address vulnerabilities on the agency’s current and emerging infrastructure through collaboration with industry, Fedscoop reported Monday…

Lt. Gen. Edward Cardon: Retention of Army Cyber Professionals Should Be a Top Priority

Lt. Gen. Edward Cardon, head of the U.S. Army Cyber Command and the 2nd Army, has said that the service branch should prioritize the recruitment and retention of cyber operators, the Army News Service reported Thursday…

House Subcommittee Endorses Creation of Military Cyber Opposition Force Training Program

The House Armed Services Committee’s emerging threats and capabilities subcommittee voted Thursday to endorse the inclusion of cyber opposition forces to U.S. military training programs, Nextgov reported Monday…

DISA Changes Continental US Org’s Name to ‘Global Operations Command’

The Defense Information Systems Agency has rebranded its Continental U.S. Field Command organization to the name of “Global Operations Command” as DISA seeks to expand the organization’s mission set…

Boeing’s Insitu to Integrate Ballard Subsidiary’s Fuel Cell Propulsion System With ScanEagle UAV

Ballard Power Systems’ Protonex subsidiary has handed prototypes of fuel cell propulsion modules to Boeing’s Insitu subsidiary for integration with an unmanned aerial vehicle. Protonex’s fuel cell-based proton exchange membrane modules will work to provide propulsion functions for the Insitu-built ScanEagle UAV, Ballard Power Systems said Monday…

Navy Taps CrossResolve for Biometric ID Research Contract

The U.S. Navy has awarded CrossResolve a potential three-year, $17.2 million contract to provide biometric identity research services for the military branch’s Special Surveillance Program. CrossResolve will help the Navy explore contactless and standoff biometric facial, iris- and fingerprint-recognition technologies as well as data analytic tools and communication channels, the Defense Department said Monday…

US Deploys F-22 Jets to Romania for Training Exercises; Frank Gorenc, Daniel Lehoski Comment

The U.S. government has deployed F-22 Raptor jets to Romania as part of training exercises in the region intended to help increase security for NATO allies and European partners, Air Force Times reported Monday…