Posts from ExecutiveBiz for 05/19/2015

GE, Pratt & Whitney Land Aircraft Engine R&D Contract Modifications

The U.S. Air Force has awarded $210 million in contract modifications to General Electric (NYSE: GE) and Pratt & Whitney to develop adaptive aircraft engines. The companies will work to advance the development of adaptive engine systems up to the preliminary design and compatibility review phases, the Defense Department said Friday
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John McCain: SASC’s DoD Spending Bill Tackles Military HR, Procurement Reforms

A Senate Armed Services Committee aide has said the panel’s fiscal 2016 defense policy blueprint could reach a floor vote in June, The Hill newspaper reported Monday. Martin Matishak writes SASC passed its $612 billion National Defense Authorization Act last week…
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Army Awards $263M Logistics Contract to VSE-CB&I JV; Maurice Gauthier Comments

A joint venture of VSE Corp. (Nasdaq: VSEC) and CB&I Federal Services has won a $263 million contract to perform logistics support services at the U.S. Army’s Fort Benning, Georgia-based facility…
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Lockheed-Built Imaging Satellite Concludes On-Orbit Operation; Mike Hamel Comments

The IKONOS imaging satellite made by Lockheed Martin for DigitalGlobe has been retired after nearly two decades of gathering and sharing more than 400 square kilometres of images of the Earth’s surface…
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Gwynne Shotwell: SpaceX Looks Toward Military Space Launch Certification, Reusable Tech

SpaceX President and COO Gwynne Shotwell has told Defense News that the company continues to work with the U.S. Air Force as it seeks certification for military space launches by June. Shotwell told Aaron Mehta in an interview published Monday that SpaceX has worked to address cultural challenges during the certification process and reached a new understanding with the service on the requirements to deliver military launch services…
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Deloitte-IBM Partnership Aims to Offer Financial Business Risk, Compliance Mgmt Tools

IBM and Deloitte have partnered to build a portfolio of integrated technology products to help the financial services industry manage business risks and comply with regulations. The alliance wants to introduce a platform designed to combine IBM’s analytics and cloud computing platforms with Deloitte’s regulatory intelligence tool, IBM said Monday
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