Posts from ExecutiveBiz for 04/29/2015

State Dept Clears Australia’s Requests for $1.8B in F-16, Hobart Destroyer Services

The State Department has approved $1.775 billion in foreign military sales requests from Australia for equipment and services in sustainment and logistics to support that country’s Super Hornet and Growler jets and Hobart-class destroyers…
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Harris Awarded $238M to Build Aviation Weather Info Dissemination System; Carl D’Alessandro Comments

Harris Corp. (NYSE: HRS) has been awarded a potential eight-year, $238 million contract to design, build and implement a technology for the Federal Aviation Administration to disseminate weather information to U…
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Air Force Picks 8 for $100M Design, Construction Services IDIQ

The U.S. Air Force has awarded positions on a potential five-year, $100 million design-build contract to three individual companies and five joint ventures. The Defense Department said Tuesday awardees will compete to provide facility construction, maintenance, repair and alteration services at Wright-Patterson Air Force Base in Ohio through April 27, 2020
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Northrop 1Q Revenue Up 2%; 3 of 4 Business Segments Report Sales Hikes

Northrop Grumman (NYSE: NOC) has announced financial results for the first quarter of its 2015 fiscal year ended March 31, 2015. The aerospace and defense contractor posted a 2-percent jump in revenue from the prior year period to $5…
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General Dynamics Posts 7% Revenue Hike for 1Q; Info Systems-Tech Segment Up 4%

General Dynamics (NYSE: GD) has announced financial results for the first quarter of its 2015 fiscal year ended April 5, 2015. The Falls Church, Va.-based defense contractor posted a 7-percent increase in revenue from the prior year period to $7…
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Michael Petrucelli Takes EVP, GM Role at FCi Federal; Sharon Virts Comments

Michael Petrucelli, a former acting director of U.S. Citizenship and Immigration Services, has assumed the role of general manager and executive vice president of citizenship, immigration and international travel at FCi Federal…
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