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KBR CEO Stuart Bradie Reflects on Diversification Strategy
Stuart Bradie, president and CEO of KBR, said the company's leadership team pursued a strategy five years ago to expand its government services market presence.
Mary-Louise Hoffman
is a writer of news summaries about executive-level business activity in the government contracting sector. Her reports for ExecutiveBiz are focused on trends and events that drive the GovCon industry to include commercial technologies that private companies are developing for federal government use. She contributes news content to ExecutiveBiz’s sister sites GovCon Wire and ExecutiveGov.
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in M&A Activity, News
Centauri Acquires Defense Engineering Firms TDKC, PreTalen; Dave Dzaran Comments
Centauri has purchased Dayton, Ohio-based defense engineering companies The Design Knowledge Company and PreTalen as part of an investment aimed at expanding customer base in the cyber, intelligence and space markets.
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DPW Defense Business Rebrands as Gresham Worldwide; Jonathan Read Quoted
DPW Technology Group, a business unit of DPW Holdings that manufactures specialty components and engineers various systems for the defense sector, has been renamed Gresham Worldwide.
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in Contract Awards, News
Saab to Produce Subsystems for Full-Rate Marine Corps Radar Production
Northrop Grumman has placed a $31.9M initial order for components and subsystems from Saab to carry out full-rate production of the U.S. Marine Corps' Ground/Air Task Oriented Radar.
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Data Points to Slowdown in Blockchain Investments
CB Insights has observed that executive mentions of blockchain on earnings calls are declining. The market research company forecasts that traditional venture capital investments in companies focused on the technology will hit $1.6B during 2019, down from $4.1B in VC funds recorded last year.
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Chris Sambar: AT&T Introduces FirstNet Deployable Blimp to Support Nationwide Public Safety Comms
AT&T has added a 55-foot aerostat to the company's fleet of deployable network assets built to complement a national broadband communications system for first responders. FirstNet One is designed to facilitate LTE connectivity within a targeted area in tne event of a disaster, Chris Sambar, executive vice president of technology operations at AT&T, wrote in a blog entry posted Tuesday.
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in Contract Awards, News
Accelera to Migrate Army Civilian HR IT Apps to Cloud; Steve Weiss Quoted
Accelera Solutions has secured a potential three-year, $40.4M contract to help the U.S. Army's Civilian Human Resources Agency implement, manage and sustain a cloud computing infrastructure.
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Cubic Unveils GPU Module for Tactical Data Processing; Mike Barthlow Quoted
Cubic has introduced a rugged graphics processing unit module built to process data and support analytics at the tactical edge in field-based operations. DTECH M3-SE-GPU is supported by NVIDIA's JetPack software development kit for artificial intelligence, neural network and machine learning applications, Cubic said Monday.
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in Executive Moves, News
Gil Dussek Joins Gunnison Consulting Group as CEO; Debbie Hillard Quoted
Gil Dussek, a more than 15-year government market veteran, has joined Gunnison Consulting Group as CEO and he will also serve on its board of directors. He will oversee day-to-day operations, operational execution strategy and organic growth initiatives at the Alexandria, Va.-based company in his new position.
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in News
CAE to Debut Pilot Training Courseware, Virtual Reality Platform; Phillipe Perey Quoted
CAE plans to demonstrate its new continuum and virtual reality training system with the T-6 operational flight trainer during the Interservice/Industry, Training, Simulation and Education Conference this week, Defense News reported Monday. The I/ITSEC 2019 event will feature the Sprint VR trainer hardware and the TRAXX Academy courseware plus software.
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in News
HII Shipbuilding Unit Incorporates Worker Suggestions Into Navy Carrier Construction Project
Huntington Ingalls Industries' Newport News Shipbuilding division applied ideas from personnel and lessons learned from the USS Gerald R. Ford construction project to find efficiencies when building the second aircraft carrier of the U.S. Navy's Ford class, Daily Press reported Saturday.
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Lockheed, NASA, Airbus, ESA to Put Orion Spacecraft Through Simulated Tests
The Lockheed Martin-built Orion spacecraft is scheduled to arrive at an Ohio-based NASA remote testing facility Tuesday to undergo a series of space environment simulation tests. Lockheed, Airbus and the U.S. and European space agencies will collaborate on the two-phase testing effort.