Posts from ExecutiveBiz for 11/03/2016

Leidos Boosts Full-Year Guidance on 3Q Earnings Beat, Huntington Ingalls Misses Street’s Estimates

GovCon Index-listed companies Leidos Holdings (NYSE: LDOS) and Huntington Ingalls Industries (NYSE: HII) released third quarter financial results before markets opened Thursday with both contractors at different stages in major merger-and-acquisition activity…
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S&K Aerospace Wins Potential $4B Air Force Parts & Repair Ordering System Support IDIQ

S&K Aerospace has won a potential 15-year, $4.2 billion contract from the U.S. Air Force to provide logistics, maintenance and technical support services for 107 foreign military sales customers under the Parts and Repair Ordering System V program…
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Orbital ATK Lowers Loss Expectations in Restatement on Army Ammo Contract

Orbital ATK (NYSE: ATK) has lowered its forecast of losses on a U.S. Army ammunition production contract to $350 million from the initial $450 million outlook as the aerospace and defense company carries out an accounting review…
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Mercury to Purchase CES for $38M in Defense Tech & C4I Market Strategy

Defense technology manufacturer Mercury Systems (Nasdaq: MRCY) has agreed to purchase Switzerland-based military and aerospace computing company CES Creative Electronic Systems for $38 million to add new avionics and platform management products…
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NIST Drafts Framework to Help Orgs Recruit, Retain Cyber Talent; Bill Newhouse Comments

The National Institute of Standards and Technology has issued draft guidance meant to help U.S. organizations identify, hire and retain cybersecurity workforce. NIST said Wednesday the Cybersecurity Workforce Framework contains category and description of strategies for employers to build a team of cyber staff to protect their networks…
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Bloomberg: DoD Needs $530M Extra to Finish F-35 Development Phase

Defense Department officials estimate Pentagon will need an additional $530 million to finish the development phase of Lockheed Martin‘s F-35 fighter jet, Bloomberg reported Wednesday. Anthony Capaccio writes the F-35 program office asked for the money during a closed-door review conducted by the Defense Acquisition Board last month and the DoD continues to assess how the request would be added on the department’s fiscal year 2018 budget proposal…
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Navy Starts Search for Next Generation Countermeasure Device

The Naval Sea Systems Command is working on a competitive solicitation in search of industry members that can develop, design, fabricate, integrate and test acoustic device countermeasure special test units, engineering development models, associated products and engineering services…
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ULA Sets Nov. 11 for DigitalGlobe WorldView-4 Satellite Launch

United Launch Alliance has set a Nov. 11 launch date to lift DigitalGlobe‘s WorldView-4 satellite into space on-board a ULA Atlas V rocket on Nov. 11 from Vandenberg Air Force Base. ULA said Wednesday its team is working to address Atlas V booster issues discovered during final launch preparations…
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Navy Wants Info on Parachute Insertion Training, Sustainment Sources

The Naval Supply Systems Command Fleet Logistics Center has kicked off a search for potential sources of training and sustainment services for the U.S. Navy’s autonomous static line and military free fall parachute insertion systems…
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INSA Names 6 Execs to Board of Directors, 5 Advisory Board Members; Letitia Long Comments

The Intelligence and National Security Alliance has appointed executives from industry and academia to its boards of directors and advisers. The six new directors will oversee INSA’s strategic planning and business operations, while the five new advisers will offer additional guidance for alliance-related activities, INSA said Wednesday…
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Xybion to Help Automate Army’s Biosafety Research Operations

Xybion has been selected to provide a preclinical management platform for the U.S. Army to automate scientific research operations at the military branch’s Medical Research Institute of Infectious Diseases at Fort Detrick in Maryland…
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