Lockheed Martin was awarded fixed-price-incentive fee contract to build up to 10 Littoral Combat Ships for the U.S. Navy. The first of the 10 ships will be acquired in 2010, at a contract value of $437 million, and the rest via options through 2015. Marinette Marine Corporation will build the ships in Marinette,Wis. Lockheed Martin [...]
Raytheon has begun its purchase of Applied Signal Technology through its shares of common stock, the company announced today. Earlier this month, the two companies announced their merger deal. The tender, already approved by Applied Signal’s board of directors, is expected to expire on Jan. 28. Current shareholders will receive $38 for each share, not [...]
ExecutiveBiz sat down with Sterling Phillips, CEO and President of GTSI. Phillips shared his thoughts about how to lead in tough times and in a competitive market. ExecutiveBiz: Can you talk about your background? Sterling Phillips: I was CEO of Analex Corporation for six years. Analex was a public company and a government contractor that [...]
ASM Research has promoted Elie Kahn to the role of senior vice president of the Health Solutions Group. Kahn joined the firm from SAIC in 2007, as senior vice president and corporate development officer. Kahn will supervise the ASM Health Solutions Group, which provides information technology support to VA, DoD, Army, Navy, and Air Force [...]
IBM has revealed its fifth annual “Next Five in Five,” a list based on market and social trends expected to transform people’s lives, as well as emerging technologies that will make these trends possible. You’ll beam up your friends in 3-D In the next five years, 3-D interfaces will let people interact with 3-D holograms [...]
System Planning Corporation won a contract from Lockheed Martin Aeronautics Company to supply an SPC MkVe Radar Cross Section Radar Imaging System for the F-35 Lightning II Joint Strike Fighter Program. Lockheed Martin will use the SPC MkVe System to provide data for the radar signature of F-35 JSF Lighting II aircraft. The testing will [...]
HP Enterprise Services landed a 10-year, 2.5 billion IT contract with NASA to provide products and services. The agreement covers PC hardware, agency-standard software, mobile information technology services and supporting infrastructure. The deal will be managed at the NASA Shared Services Center in Mississippi. Senior VP for Enterprise Services, U.S. public sector, Dennis Stolkey said the [...]
