Posts from GovConWire for 10/04/2017

Lockheed Vet James Craig Joins Cubic Defense Segment as Ground Training Systems VP, GM; Dave Buss Comments

James Craig, a 35-year veteran of Lockheed Martin (NYSE: LMT), has joined Cubic’s (NYSE: CUB) global defense segment as vice president and general manager of ground training systems. “Jim brings a wealth of talent, energy and remarkable program execution credentials to Cubic,” Dave Buss, president of Cubic Global Defense, said in a statement released Tuesday…
Read More
  

Arlington Capital Buys Xebec in Intell, Nat’l Security Services Expansion Push

Arlington Capital Partners has purchased McLean, Virginia-based human intelligence platforms and services provider Xebec Global for an undisclosed sum in a push to expand offerings for clients in the intelligence community and national security sector…
Read More
  

Army Picks 5 Companies for $249M Foreign Military Training Assistance Contract

Five companies have won positions on a potential five-year, $249 million foreign military sales contract to offer education and training services for a U.S. Army‘s Security Assistance Training Management Organization…
Read More
  

James Mattis: Lawmakers OK DoD’s $400M Reprogramming Plan for Missile Defense

Defense Secretary James Mattis has said defense panels in Congress have approved the Pentagon’s plan to shift approximately $440 million in unspent fiscal 2017 funds from operations and maintenance accounts into missile defense initiatives amid North Korea’s nuclear weapon pursuit, Bloomberg reported Wednesday…
Read More
  

General Dynamics to Provide IT, Cyber Support for Naval Surface Warfare Center Under $81M Contract

General Dynamics‘ (NYSE: GD) information iechnology business has received a potential five-year, $81.3 million task order from the U.S. Naval Sea Systems Command to support the IT and cybersecurity operations of the  Naval Surface Warfare Center’s Crane Division…
Read More
  

Lockheed, Rockwell Collins Win Airborne Launch Control Replacement Tech Maturation Contracts

Lockheed Martin (NYSE: LMT) and Rockwell Collins (NYSE: COL) have won three-year contracts from the U.S. Air Force to perform risk reduction and technology maturation work on a platform designed to replace the service’s aerial launch control system…
Read More
  

NanoRacks Raises Funds to Accelerate ISS Commercial Airlock Module Production

NanoRacks has wrapped up a bridge round of investments that will support the company’s efforts to produce an airlock technology designed for the International Space Station. New York-based financial services company Space Angels led the funding round to help expedite the production of Commercial Airlock Module, NanoRacks said Tuesday…
Read More
  

Northrop Lands Air Force Order to Overhaul KC-10 Engines

Northrop Grumman‘s technical services business has landed a potential $39.9 million delivery order from the U.S. Air Force to overahul nine engines for the KC-10 tanker and cargo aircraft. The Air Force also obligated fiscal year 2018 funds for KC-10 program support services through the order, the Defense Department said Tuesday…
Read More
  

BDO USA’s Gregory Garrett: Security Incidents Drive Cyber Liability Insurance Demand Among Contractors

Gregory Garrett, head of international cybersecurity practice at BDO USA, told Federal News Radio in an interview that aired Monday he has observed a growing demand for cyber liability insurance among government contracting firms due to increased breach incidents…
Read More
  

CGI Gets $68M USAID Cloud Data Center Support Contract

CGI has received a potential five-year, $68.2 million contract to support enterprise data center and disaster recovery efforts of the office of the chief information officer at the U.S. Agency for International Development…
Read More
  

VIDEO: US Naval Research Lab’s Ruppalt on Better Jammers

Laura Ruppalt, PhD, research engineer at the US Naval Research Lab, discusses cutting-edge radio frequency technology — including phase-changing materials, self-sensing circuits for better jammers and more — with Defense & Aerospace Report Editor Vago Muradian during DoD Lab Day at the Pentagon on May 18, 2017…
Read More
  

October 3rd Market Close: GovConIndex and Market Indices Move Positive to Again Set New Highs

The Executive Mosaic GovCon Index (GCI) continued its strong performance gaining 0.115 percent, setting another record mark of 108.585 with advancing shares slightly outpacing declining 17 to 13. The markets continued their positive direction, once again reaching new record highs as car manufacturing reported the best month of the year…
Read More