Posts from ExecutiveBiz for 12/12/2016

Lockheed Down 5% at Midday, GovCon Index 2% Lower After Trump’s F-35 Twitter Criticism

Shares in Lockheed Martin (NYSE: LMT) traded down approximately 5 percent as noon Eastern time approached Monday after President-elect Donald Trump criticized the F-35 Joint Strike Fighter program on Twitter in the early morning hours…
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Jeremiah Madigan, Robert Peabody Take VP Roles at Cubic’s Mission Solutions Division

Cubic’s (NYSE: CUB) mission solutions division has appointed Jeremiah Madigan, a former group executive director at Aerojet Rocketdyne (NYSE: AJRD), as vice president of secure communications and Robert Peabody, formerly a technical fellow of Northrop Grumman (NYSE: NOC), as systems strategy VP…
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CACI to Help Army Develop Payload Modeling, Simulation & Training Systems; Ken Asbury Comments

CACI International has received a $31 million task order to develop electro-optical/infrared and signals intelligence payload modeling, simulation and training systems for the U.S. Army’s data collection effort…
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Motorola Solutions Buys Cyfas’ Unified Comms Platform in Push to Support U.K. Public Safety Efforts

Motorola Solutions has acquired a unified communications platform and related integrated communications control system products from Cyfas Systems to expand smart public safety offerings for U.K. customers…
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BAE Systems’ Australian Arm Awarded $70M Hobart-Class Air Warfare Destroyer Sustainment Contract

BAE Systems has received a five-year, $70 million contract from the Australian defense ministry for the sustainment of three Hobart Class Air Warfare Destroyer ships through their transition into service with the Australian navy…
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Army Vet James Gilman Named Chief Exec of NIH Clinical Research Center; Francis Collins Comments

The National Institutes of Health has appointed James Gilman, a retired U.S. Army major general, as the first CEO of NIH’s clinical research center in a move that takes effect January 2017. NIH said Friday Gilman will oversee the 870,000-square-foot research center located inside NIH’s campus in Bethesda, Maryland, and guide the facility’s safety and care quality measures with the development of new hospital operations policies…
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Two F-35 Aircraft Fly to Israel Ahead of Reception Ceremony

A pair of Lockheed Martin-built F-35 fighter jets have flown to Israel ahead of a reception ceremony that will be held at Nevatim Air Base on Monday, Times of Israel reported Thursday. Judah Ari Gross writes Defense Secretary Ashton Carter will attend the ceremony alongside Israel’s political and military officials to welcome Israel’s first two F-35 jets…
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Academi Wins Navy Security Force Counterterrorism Training IDIQ

Academi Training Center has won a potential $10 million indefinite/delivery-indefinite/quantity contract for turnkey antiterrorism training services to the U.S. Navy‘s Center for Security Forces…
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Raytheon Secures Navy Contract Option for LPD 17 Shipboard Electronic System Engineering Services

Raytheon has received a one-year, $34.3 million contract option from the U.S. Navy to provide life cycle engineering and support services for the integrated shipboard electronic systems on the USS San Antonio amphibious transport dock ship…
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DOE Announces Addition of AIChE’s RAPID Institute to Manufacturing USA Network

The Energy Department has announced that the Manufacturing USA has added the American Institute of Chemical Engineers’ manufacturing organization to its network of institutes. AIChE established the Rapid Advancement in Process Intensification Deployment manufacturing institute in partnership with the Georgia Institute of Technology and Savannah River National Laboratory, AIChE said Friday…
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Northrop Gets $55M Contract Modification to Support USAF’s Airborne Comms Platform

Northrop Grumman‘s information systems business has secured a $55.3 million  contract modification to provide comprehensive support services for an airborne communications platform of the U.S…
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Boeing to Supply 80 Passenger Aircraft to Iran Air Under $16.6B Deal

Boeing has entered into a potential $16.6 billion contract to produce and supply 80 passenger aircraft to Iran Air. The sales agreement with Iran Air was reached under the terms of the U.S. government license that Boeing secured in September, Boeing said Sunday…
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