Posts from ExecutiveBiz for 12/23/2016

Lockheed Martin Gets Potential $285M Target Sight System Order From Navy

Lockheed Martin (NYSE: LMT) has received a potential $284.6 million contract from the U.S. Navy to produce infrared target sight systems for the AH-1Z Cobra attack helicopter. The company’s Orlando, Florida-based missile and fire control unit will produce the sight system in Orlando and Ocala in Florida through January 2022 for the Navy and Pakistan’s government under the foreign military sales portion of the award, the Defense Department said Thursday…
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General Dynamics Subsidiary Receives $147M Navy Modification for Columbia-Class Submarine Design Support

General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has received a $146.7 million contract modification to provide design support for the U.S. Navy‘s Columbia-class submarines. The Defense Department said Thursday the award covers design work; shipbuilder, vendor component and technology development; engineering integration; concept design studies; cost-reduction initiatives; and full-scale prototype manufacturing and assembly…
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Boeing Receives $143M DLA Award for Aircraft Consumable Items for US, Foreign Clients

Boeing (NYSE: BA) has received a $143.4 million contract modification from the Defense Logistics Agency to supply consumable items for various aircraft in support of the U.S. Army, Navy, Air Force and foreign military sales customers…
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BAE Systems-Led Coalition Inks Agreement With UK MoD to Assess Army Battle Tanks

A BAE Systems-led consortium of companies has inked an agreement with the U.K.’s defense ministry for the assessment phase of a program to modernize the British army’s main battle tanks. BAE Systems said Thursday it will lead the Team Challenger 2 team which will collaborate with the Ministry of Defence to develop options for system replacement and package deliveries as part of the Challenger 2 Life Extension Project assessment phase…
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Former Lockheed Aeronautics EVP Ralph Heath to Join Textron’s Board of Directors

Ralph Heath, former executive vice president of aeronautics at Lockheed Martin, has been appointed to Textron‘s board of directors effective January 1, 2017. Textron Chairman and CEO Scott Donnelly said in a press release published Thursday that Heath will bring experience in the aerospace and defense industry, government defense programs and international business development…
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CrowdStrike Report: Russian Group Used Malware Implant in Cyber Attacks Against Ukraine, Democrats

A new CrowdStrike report has found that a Russian group called Fancy Bear likely used a malware implant on Android platforms to monitor Ukraine’s artillery units and launch cyber attacks against the Democratic National Committee, Reuters reported Thursday…
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PV Puvvada Chosen for Professional Services Council Board, Exec Committee, Civilian Agencies Panel

PV Puvvada, president of Unisys‘ federal business, has been re-elected to a three-year term on the Professional Services Council board of directors and newly elected to serve on the council’s executive committee…
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Deborah Lee James: Air Force Could Deploy F-35As to Europe in Near Future

Air Force Secretary Deborah Lee James has said the U.S. Air Force could deploy Lockheed Martin-built F-35A Lighting II aircraft to Europe as early as next summer, Defense News reported Thursday. Valerie Insinna writes James said at an Atlantic Council event that Europe could receive F-35As “in the not too distant future” since the Air Force’s fighter jet variant has been declared “combat ready…
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AT Kearney’s Jeff Sorenson: Trump Administration Plans Could Boost Shipbuilding & Research Employment

Jeff Sorenson, AT Kearney president of the public sector and defense services segment, has said President-elect Donald Trump’s proposals could lead to an increase in ship construction and research employment, SAT PR News reported Friday…
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KBR to Assist Scientific Management Associates in Technical Training Program for Australia’s Navy

KBR has landed a five-year subcontract from Scientific Management Associates to help the latter provide technical training support services to the Australian navy at the HMAS Cerberus navy training establishment…
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Trump Picks Navy Reserve Commander Sean Spicer as White House Press Secretary

Sean Spicer, communications chief of the Republican National Committee, has been selected by President-elect Donald Trump to serve as the White House press secretary, Military Times reported Thursday. Leo Shane III and David B…
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