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Category: News

Alessandro Profumo: Leonardo DRS’ Public Listing Hinges on Right Market ConditionsFinancial Report

Alessandro Profumo: Leonardo DRS’ Public Listing Hinges on Right Market Conditions

Leonardo CEO Alessandro Profumo said the Italy-based aerospace and defense conglomerate still intends for its U.S. subsidiary to go public
Jamie Seyfert Named B3 Group Business Intelligence DirectorExecutive Moves

Jamie Seyfert Named B3 Group Business Intelligence Director

Jamie Seyfert, former senior manager of enterprise analytics and automation at Alliant Energy, has joined B3 Group to serve as
FDH Buys Madison Aerospace to Grow OEM Market FootprintM&A Activity

FDH Buys Madison Aerospace to Grow OEM Market Footprint

FDH Aero has acquired Madison Aerospace in a deal that adds product offerings to FDH’s portfolio supporting aircraft original equipment
JR Glass Named Leidos VP of Government Health, Safety SolutionsExecutive Moves

JR Glass Named Leidos VP of Government Health, Safety Solutions

J.R. Glass, a more than two-decade government IT market veteran, has joined Leidos (NYSE: LDOS) as vice president for government
DIU’s Mike Madsen Receives 2021 Wash100 Award From Executive Mosaic CEO Jim GarrettsonGeneral News

DIU’s Mike Madsen Receives 2021 Wash100 Award From Executive Mosaic CEO Jim Garrettson

Mike Madsen, deputy director and director of strategic engagement at the Defense Innovation Unit (DIU), was presented his first Wash100
SAIC Reports 4% Rise in Q2 FY 2022 Revenue, $24B in Total Backlog; Nazzic Keene QuotedFinancial Report

SAIC Reports 4% Rise in Q2 FY 2022 Revenue, $24B in Total Backlog; Nazzic Keene Quoted

Science Applications International Corp. (NYSE: SAIC) reported $1.83 billion in revenue for the second quarter of its 2022 fiscal year,
Dan Gelston: CAE Invests in SkyWarrior to Expand Military Aviation Training ProgramM&A Activity

Dan Gelston: CAE Invests in SkyWarrior to Expand Military Aviation Training Program

The U.S. subsidiary of CAE (NYSE: CAE) has purchased a minority interest in a SkyWarrior business that primarily offers flight
DCS to Help Maintain USAF Fighter, Bomber Fleet Under $164M ContractContract Awards

DCS to Help Maintain USAF Fighter, Bomber Fleet Under $164M Contract

DCS will help two U.S. Air Force directorates sustain the branch’s fighter and bomber planes under a potential four-year, $164
Report: Textron’s Stewart Holmes to Assume HII Washington Chief Role After Mitch Waldman RetiresExecutive Moves

Report: Textron’s Stewart Holmes to Assume HII Washington Chief Role After Mitch Waldman Retires

Stewart Holmes, a senior vice president at Textron (NYSE: TXT), was selected to join Huntington Ingalls Industries (NYSE: HII) and
Former Oracle Exec Aaron Millstone Joins NTT Data to Lead Digital TransformationExecutive Moves

Former Oracle Exec Aaron Millstone Joins NTT Data to Lead Digital Transformation

Aaron Millstone, formerly a senior vice president at Oracle (NYSE: ORCL), has joined NTT Data to serve as divisional president