Posts from ExecutiveBiz for 04/30/2015

House Armed Services Panel Clears 2016 Defense Spending Bill

Members of the House Armed Services Committee voted 60-2Thursday to pass a $585 billion defense policy bill, Defense News reported Thursday. John Bennett writes the HASC-approved 2016 National Defense Authorization Act would authorize $495…
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Iridium 1Q Gov’t Service Revenue Up 13%; Matt Desch on Company’s New Air Traffic Pacts

Iridium Communications (NASDAQ: IRDM) has announced financial results for the first quarter of its 2015 fiscal year ended March 31, 2014. The McLean, Va.-based satellite services provider reported a year-over-year revenue increase of 13 percent in its government services segment to $18 million, activity Iridium attributed to the company’s $400 million airtime services contract with the Defense Information Systems Agency…
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US, Japan Ink Cyber-Space-ISR Collaboration Pacts

The U.S. and Japan have signed a new set of military and diplomatic agreements to collaborate on cyber, space and intelligence, surveillance and reconnaissance initiatives, Defense Systems reported Wednesday
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Takisha Schulterbrandt Joins ManTech as Health, Human Services VP

Takisha Schulterbrandt, formerly account manager for the Department of Health and Human Services at Leidos (NYSE: LDOS), has joined ManTech International (NASDAQ: MANT) as vice president of health and human services…
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UTC to Build Virginia-Class Submarine Composite Components; Marc Duvall Comments

The Newport News Shipbuilding arm of Huntington Ingalls has selected United Technologies Corp. to supply the composite components for the next 10 Virginia-class nuclear attack submarines. UTC said Wednesday the company is tasked to deliver bow dome, rubber boot and various external fairing structures through 2020 under the agreement…
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Tetra Tech Signs Deal to Purchase Cornerstone Environmental Group; Dan Batrack Comments

Tetra Tech Inc. (NASDAQ: TTEK) has agreed to acquire Cornerstone Environmental Group for an undisclosed amount. Middletown, New York-based Cornerstone will join Tetra Tech’s resource management and energy segment upon the transaction’s scheduled closure in May, Tetra Tech said Wednesday
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