Northrop Grumman will rapidly develop a collaborative combat aircraft for the U.S. Marine Corps under a $231.5 million other transaction agreement awarded under the Marine Air-Ground Task Force Uncrewed Expeditionary Tactical Aircraft, or MUX TACAIR, program. The 2026 Defense R&D Summit on Jan. 29 brings together defense leaders, researche...
Kratos Defense and Security Solutions has received a Phase 1 contract to initiate the development of an organic sustainment capability for the U.S. Navy’s AN/SPY-1 radar systems. The technology company said Monday the potential $175 million single-award agreement, internally referred to as Project Anaconda, will leverage a phased strategy...
Kratos Defense and Security Solutions has promoted Greg Caicedo, most recently vice president of space domain awareness and space superiority, to senior VP. Caicedo announced his appointment in a LinkedIn post published Monday. As SVP, Caicedo oversees business strategy in collaboration with product management and development teams; directs program ...
Investment banking firm Evercore has issued its January report, highlighting the market performances of several U.S. defense and government services companies. The monthly update released by the firm’s aerospace, defense and government services team shows the enterprise and equity values, share performances and operating metrics of several U.S...
Kratos Defense & Security Solutions has secured a $1.45 billion contract from the Department of Defense to advance testing for hypersonic technology. The company said Monday the five-year deal supports the Pentagon’s Multi-Service Advanced Capability Hypersonic Test Bed, or MACH-TB, 2.0 program. “We are honored to be selected to be par...
A Kratos Defense & Security Solutions business was awarded a potential $117 million contract for Advanced Fire Control Ground Infrastructure, or AFCGI. SDA said Tuesday Kratos Technology & Training Solutions will support demonstrations and potential future operations under its Advanced Fire Control effort. Specifically, the AFCGI contractor ...
Investment banking firm Evercore (NYSE: EVR) has released its September report, which highlights the market performance of several U.S. defense and government services companies. The monthly update released by Evercore’s aerospace, defense and government services team shows the share performances, enterprise and equity values and operating met...
David Rodgers, a defense industry executive, has joined Ultra Intelligence & Communications as vice president of global sales. Ultra I&C said Tuesday Rodgers will oversee the company’s domestic and international sales initiatives and support business development efforts for the U.S. military and foreign defense ministries. “David...
Executive Mosaic’s GovCon Index had a weak start in August, evidenced by losses in the first seven trading days. Still, the index tracking the stock performances of 30 major government contractors recovered from the slump to register a second straight winning week this month. After alternating between gains and losses during the week and...
Chris Gregory, former vice president at HawkEye 360, has joined Kratos Defense and Security Solutions (Nasdaq: KTOS) as VP of product management for space domain awareness at its space-focused business arm, according to a LinkedIn post. He spent seven years at HawkEye 360, most recently serving as its VP of system engineering and operations. His...
