Hewson told analysts in an earnings call Tuesday the figure is associated with the company™s selection as a prime contractor for the U.S. Army™s Long Range Hypersonic Weapon integration support contract and its involvement in a Dynetics-led team tapped by the service to work on the Common Hypersonic Glide Body prototype.
She noted that both transactions will be negotiated in the next few months.
Ken Possenriede, chief financial officer at Lockheed, said the company™s hypersonics work is in the development phase and most of its prototype launches are expected to kick off in 2020.
Redhawk Federal Solutions has acquired Twenty8 Technology to expand its data interoperability and artificial intelligence and machine learning engineering capabilities.…
Antenna Research Associates has appointed Jay Abendroth, a seasoned defense electronics executive, as chief growth officer to lead business development…
Precise Systems has appointed Michael “Mike” Risik as vice president of business development. The Lexington Park, Maryland-based company said Wednesday Risik will…
