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The Defense Microelectronics Activity has awarded Boeing a position on the Advanced Technology Support Program V contract, a multiple-award vehicle with a ceiling of $25.36 billion intended to help the Department of War rapidly field emerging microelectronics technologies and address electronics obsolescence. ATSP V carries a five-year base ordering...
The Missile Defense Agency has awarded 340 companies positions under the potential 10-year, $151 billion Scalable Homeland Innovative Enterprise Layered Defense, or SHIELD, multiple-award contract vehicle, expanding the pool to more than 2,400 awardees. SAIC, one of the latest additions to the SHIELD pool, is a major sponsor of the Potomac Offi...
V2X has expanded its board of directors from seven to 10 members with the election of three new directors. Who Joined V2X’s Board of Directors? According to V2X’s Form 8-K filed with the Securities and Exchange Commission on Wednesday, the company appointed Nicole Theophilus, Gerard Fasano and Ross Niebergall as Class I, Class II and...
L3Harris Technologies has agreed to sell a controlling stake in its space propulsion and power systems business to private equity firm AE Industrial Partners in a deal valued at $845 million. Under the agreement, L3Harris will retain an approximately 40 percent ownership interest in the business, while its RS-25 rocket engine program will remain out...
Arlington Capital Partners has announced the sale of Stellant Systems, a manufacturer of radio frequency and microwave amplification products, to aircraft components supplier TransDigm Group for $960 million. Arlington said Wednesday that it expects the acquisition to close in 2026. What Is Stellant Systems? Stellant Systems was established in 2021,...
The Space Development Agency has awarded $3.5 billion in other transaction authority agreements to Lockheed Martin, L3Harris Technologies, Northrop Grumman and Rocket Lab USA to build 72 satellites for the third tranche of the Proliferated Warfighter Space Architecture’s tracking layer. Lockheed is sponsoring the Potomac Officers Club’s ...
L3Harris Technologies has secured a potential $200 million follow-on contract from Lockheed Martin to supply insensitive munition propulsion units for the Guided Multiple Launch Rocket System, expanding production capacity for one of the Pentagon’s most in-demand tactical weapons. The order will be the first processed through the newly c...
A report by financial services company Raymond James reveals that 125 mergers and acquisitions took place in the defense and government market during the third quarter of 2025, a 30 percent increase from the same period the previous year. The November report was issued by Raymond James’ defense and government team, where Sam Maness, a...
Northrop Grumman has appointed Greg Simer as chief technology officer and Chantal Sice-Sweger as vice president of supply chain for its defense sector. Simer and Sice-Sweger confirmed their new roles in separate LinkedIn posts on Monday. Greg Simer Named Chief Technology Officer Simer is a longtime Northrop Grumman leader who previously served...
The Department of State has approved a potential $705 million foreign military sale of M142 High Mobility Artillery Rocket Systems and related equipment to Australia. Lockheed Martin, L3Harris, Leonardo DRS and Oshkosh will be the principal contractors. The Potomac Officers Club will host the 2025 GovCon International and Gl...
