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Category: News

Defense Innovation Unit Transitioned 10 Commercial Prototypes to DOD Users in FY 2023Contract Awards

Defense Innovation Unit Transitioned 10 Commercial Prototypes to DOD Users in FY 2023

The Defense Innovation Unit awarded 90 prototype other transaction contracts to commercial companies and transitioned 10 commercial technology platforms to
Lockheed to Evaluate Tech Integration Into Prototype Weapon System Under $170M Army AwardContract Awards

Lockheed to Evaluate Tech Integration Into Prototype Weapon System Under $170M Army Award

Lockheed Martin‘s missiles and fire control business (NYSE: LMT) will assess the potential of integrating enabling technologies into a prototype
Army Posts Draft Solicitation for AIE Talent Acquisition System DevelopmentNews

Army Posts Draft Solicitation for AIE Talent Acquisition System Development

The U.S. Army Program Executive Office Enterprise Information Systems has released a draft solicitation for a potential 10-year, $267 million
Northrop Secures $7B Air Force B-2 Modernization, Sustainment Support ContractContract Awards

Northrop Secures $7B Air Force B-2 Modernization, Sustainment Support Contract

Northrop Grumman (NYSE: NOC) has received a potential five-year, $7 billion contract from the U.S. Air Force to provide modernization
Christopher Calio Assumes CEO Post at RTXExecutive Moves

Christopher Calio Assumes CEO Post at RTX

Christopher Calio officially assumed the CEO post at RTX (NYSE: RTX) on May 2, adding it to his president post
Lockheed Withdraws Proposal to Buy Terran OrbitalM&A Activity

Lockheed Withdraws Proposal to Buy Terran Orbital

Lockheed Martin (NYSE: LMT) has dropped its plans to buy small satellite manufacturer Terran Orbital (NYSE: LLAP) for more than
Eric Wolf Named VP of Innovation at American Systems; John Steckel QuotedExecutive Moves

Eric Wolf Named VP of Innovation at American Systems; John Steckel Quoted

Eric Wolf, formerly a vice president at American Systems, has been named VP of innovation at the Chantilly, Virginia-based information
DOE Selects 14 Small Businesses for Facility Decommissioning ServicesContract Awards

DOE Selects 14 Small Businesses for Facility Decommissioning Services

Fourteen small businesses have secured spots on a 10-year indefinite-delivery/indefinite-quantity contract from the Department of Energy’s Office of Environmental Management
HII Reports 4.9% Revenue Growth to $2.8B in Q1 2024; Chris Kastner QuotedFinancial Reports

HII Reports 4.9% Revenue Growth to $2.8B in Q1 2024; Chris Kastner Quoted

HII (NYSE: HII) has posted $2.8 billion in revenues during the first quarter of 2024, a 4.9 percent increase from
Verizon, AT&T, Secure Federal Operations Awarded National Security Emergency Preparedness Priority Services 2 ContractsContract Awards

Verizon, AT&T, Secure Federal Operations Awarded National Security Emergency Preparedness Priority Services 2 Contracts

The Defense Information Systems Agency has awarded 10-year recompete contracts to Verizon (NYSE: VZ), AT&T (NYSE: T) and Secure Federal