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Vectrus: Instant major player

Vectrus: Instant major player

There’s a new defense contractor in town — one with history in Colorado Springs and potential to be the region’s most-profitable publicly traded company. Virginia-based defense contractor Exelis Inc. officially completed the spinoff of its Mission Systems government services division at midnight Friday, Sept. 26, creating Vectrus Inc. President and CEO Kenneth Hunzeker estimates that… Continue Reading Vectrus: Instant major player

Henry takes leadership role at PTAC

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Henry takes leadership role at PTAC

Gary Henry first came to Colorado Springs as a member of the Air Force. After he retired from military service, he joined the board of directors of the newly created Colorado Procurement Technical Assistance Center. Recently, he was named the PTAC’s third director, after Ken Knapp moved to Pennsylvania to be closer to family. In… Continue Reading Henry takes leadership role at PTAC

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Intecon sworn to secrecy, U.S. success

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Intecon sworn to secrecy, U.S. success

In a time of shifting military operations, breaches in governmental secrecy and federal sequestration, one local defense contractor is working to bolster America’s bottom line. Intecon, a Colorado Springs-based information technology company that provides networks, cyber support and security as well as other related services for the military, has found its niche as a veteran-owned… Continue Reading Intecon sworn to secrecy, U.S. success

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Defense civilian furloughs cut to six days

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Civilian employees inside the Department of Defense are getting a reprieve from the furloughs in place since July 8. In a statement released Tuesday, the DoD announced it was reducing furloughs from 11 days to six. Locally, more than 6,000 people have been affected by the furlough days – civilian employees at the Air Force… Continue Reading Defense civilian furloughs cut to six days

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Colorado Springs-based defense contractor Intecon won  the Prime Contractor of the Year award from the Colorado District Office of the U.S. Small Business Administration. Intecon LLC received the National and Region VII Prime Contractor of the Year award, which the SBA gives to “small businesses that have provided the government with outstanding goods and services as… Continue Reading Defense contractor wins national SBA award

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SIFCO Industries is acquiring MW General Inc, which operates as General Aluminum Forgings in Colorado Springs. The company is an aerospace component supplier that provides precision aluminum materials to the commercial aerospace industry, military and to medical device companies. The transaction closed Tuesday, and specific terms were not disclosed. SIFCO is also a component supplier… Continue Reading SIFCO acquires Springs aluminum forging company

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The fiscal cliff is looming larger, and the country actually might endure a series of draconian cuts and tax increases — something that was never supposed to happen. When Congress passed a law in August 2011 requiring $1.2 trillion in across-the-board cuts — half from the Department of Defense — it was supposed to serve… Continue Reading Fiscal cliff cuts start with defense but could go deeper

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Boecore wins top supplier award

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Local business Boecore Inc was awarded a top supplier award from Northrop Grumman’s $10 billion information systems sector. It’s the fourth time Boecore has won the award. Boecore was recognized this week for its technical capabilities, employees and quality. The award is used to recognize the top 25 suppliers from more than 6,000 companies who… Continue Reading Boecore wins top supplier award

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Lockheed Martin wins $250m contract

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Lockheed Martin won a $250 million contract to continue to support the air defense, missile warning and space defense systems at U.S. Northern Command and U.S. Strategic Command. The contract covers three one-year options, and has a total potential value of $250 million. Under the first contract, Lockheed Martin modernized the air defense, missile warning… Continue Reading Lockheed Martin wins $250m contract

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Smith named to space law board of directors

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Colorado Springs attorney Milton “Skip” Smith was elected to the International Institute of Space Law Board of Directors at its annual meeting in Naples, Italy. Smith is one of 15 other space industry leaders and lawyers on the board, and is co-chairman of the Sherman & Howard space law practice group and is on the… Continue Reading Smith named to space law board of directors

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