L3Harris Technologies has appointed Kenneth “Ken” Sharp as senior vice president and chief financial officer, succeeding current CFO Ken Bedingfield, effective March 16, as the company realigns leadership around its Missile Solutions business and capital markets plans. Who Is Ken Sharp? The defense technology firm said Monday Sharp ...
The U.S. Army has awarded three firm-fixed-price contracts worth $1.27 billion for the development, production and testing of the Binocular Night Observation Device, or BiNOD. L3Harris received a $466 million award, Elbit Systems of America – Night Vision secured a $450.6 million contract and Photonis Defense was awarded $352.6 million, the Depart...
Antenna Research Associates, a provider of advanced antenna and radio frequency systems for defense and industrial applications, has appointed Frank Morgan as chief operating officer. Who Is Frank Morgan? Morgan is a seasoned operations executive with more than three decades of experience leading defense electronics and industrial businesses, t...
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...
