Posts from ExecutiveBiz for 01/20/2015

Obama Seeks Private Sector Partnerships to Fund Infrastructure Work

President Barack Obama has proposed new tax exemption policies in a move to draw private sector investments for infrastructure works, the New York Times reported Friday. Julie Hirschfeld Davis writes the White House’s administrative actions aim to finance roads, bridges, water systems and broadband networks projects without public funds…
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Leon Panetta Joins Oracle Board; Michael Boskin Comments

Leon Panetta, former Pentagon and CIA chief, has been elected to the board of directors at Oracle. The yearlong appointment, which brings the number of Oracle’s board members to 12, was made via unanimous decision at the company’s annual shareholders meeting, Oracle said Monday…
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Jose Bustamante to Succeed Dave Dunning as Fluor BD, Strategy EVP; David Seaton Comments

Dave Dunning, executive vice president of business development and strategy at Fluor Corp. for the past two years, plans to retire on June 1 after a 37-year career at the company. He has led corporate strategic planning, business development, sales, communications and advocacy functions over the past two years, Fluor said Friday…
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Boeing Arm to Build 3 Blackjack UAS for Navy, Marine Corps

A Boeing (NYSE: BA) subsidiary has received a $41.1 million contract to produce Blackjack small unmanned aircraft systems for the U.S. Navy and Marine Corps, Intelligence Aerospace reported Monday. John Keller writes the three RQ-21A Blackjack’s sensor payload contains a visible-light imager, mid-wave infrared imager, laser rangefinder, infrared marker, communications and automatic identification system…
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Navy Orders 2 Lockheed Submarine Sonar Arrays

Lockheed Martin (NYSE: LMT) has received an $8 million contract modification to provide the U.S. Navy with two additional sonar systems intended to help submarines avoid other vehicles under the sea. The Defense Department said Thursday the company will produce two AN/BQQ-25 low cost conformal arrays and associated outboard electronic canisters and spare parts…
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