Posts from ExecutiveBiz for 11/16/2017

Kingswood Closes Versar Acquisition, Names New CEO for Project Mgmt Firm

Versar has gone private after the close of its acquisition by an affiliate of investment firm Kingswood Capital Management via a tender offer of $0.15 per outstanding share and a second-step merger. The formerly publicly traded project management company said Tuesday the new capital structure serves to build on its long-term strategic goals…
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Dell EMC’s Steve Harris: Cloud Tech Could Aid in Federal IT Cybersecurity

Steve Harris, senior vice president and general manager of Dell EMC‘s federal business, has said the adoption of on-premise and hybrid cloud platforms can help government agencies comply with security best practices and access information technology services in the event of catastrophes…
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Navy Orders Additional Aegis Ship Comms Systems From Leonardo DRS Subsidiary

A subsidiary of Leonardo DRS has secured a contract from the U.S. Navy to supply four Integrated Voice Communications Systems for the military branch’s Aegis cruisers and destroyers. DRS Technologies Canada received the award through a larger IVCS contract with the Navy and will perform delivery in September 2018, Leonardo DRS said Wednesday…
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CA Unveils Open Source Software Challenge to Advance Federal ‘Citizen Experience’

CA Technologies has announced a competition that aims to encourage U.S. developers to present novel open source software-based platforms designed to enhance the “citizen experience” across federal agencies…
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Northrop to Help Sustain Australian C-27J Airlifter Fleet

Northrop Grumman has secured a contract to provide sustainment, engineering and logistics services for the Australian air force’s fleet of C-27J Spartan battlefield airlifters. The C-27J through-life support contract has a five-year base period and a “rolling wave” clause to extend the contract period for up to 22 years based on contractor performance, Northrop said Wednesday…
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Report: Stratolaunch Inks NASA Agreement to Perform Engine Tests at Stennis Space Center

Stratolaunch Systems has signed an agreement with NASA to conduct engine tests at the agency’s Stennis Space Center in Mississippi, Space News reported Wednesday. NASA and Stratolaunch inked Sept. 13 the Space Act Agreement that contains a provision for reimbursable tests and related services to the company in support of ground system, vehicle and propulsion platform development and testing efforts…
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Tapestry-Led Team to Update USAF Airdrop Planning Software

An industry team led by Boeing‘s Tapestry Solutions subsidiary has received a potential four-year, $26 million contract to update a software platform the U.S. Air Force  uses to plan airdrop missions…
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Lockheed, University Form Tech R&D Partnership to Support ‘Saudi Vision 2030’; Marillyn Hewson Comments

Lockheed Martin has partnered with Saudi Arabia-based King Abdullah University of Science and Technology to conduct research and development projects that will support the country’s Saudi Vision 2030 objectives, Saudi Gazette reported Wednesday…
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Airdyne to Supply Army Aircraft Mounting System Under Potential $79M Contract

Airdyne Aerospace has received a potential five-year, $79 million contract from the U.S. Army to build an aircraft mounting platform designed to aid various military operations. The company will provide a Special Airborne Mission Installation and Response System to the service branch under the hybrid contract, the Defense Department said Wednesday…
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Executive Spotlight: Interview with Mark Rayha, VP/CFO of General Dynamics Mission Systems

Mark Rayha sees his position as vice president and CFO for General Dynamics Mission Systems as far more than keeping an eye on financial results and forecasting emerging trends, opportunities for growth and financial ‘headwinds…
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Ball Aerospace Gets Air Force Weapon Cybersecurity Contract Modification

Ball Aerospace & Technologies has received a $47.9 million contract modification to develop tools, methods and techniques for the U.S. Air Force to identify and mitigate vulnerabilities in weapon systems…
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Cybercom Holds Inaugural Industry Day to Discuss Acquisition Priorities

The U.S. Cyber Command held its first industry day on Oct. 27 at a National Geospatial-Intelligence Agency facility in Virginia to discuss with private sector stakeholders Cybercom’s acquisition priorities, the Defense Department reported Wednesday…
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VIDEO – 75 Years: Air Force Plant 4’s Enduring Legacy

Lockheed Martin and its heritage companies have built a storied 75-year history at Fort Worth’s Air Force Plant 4. Through employee commitment, innovation, a spirit of reinvention, and a sustained focus on serving our Armed Forces, success has endured since 1942 and will continue for decades to come…
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