Pratt & Whitney, a business unit of Raytheon Technologies (NYSE: RTX), has secured a potential $8 billion contract to manufacture engines to power F-35 jets, produced by Lockheed Martin (NYSE: LMT), for U.S. and international defense customers. The deal covers 15-16 production lots of up to 518 F135 engines and includes a lot 17 lot...
Axient CEO Randy Cash has promoted company executives Jay Kovacs, Patience Samson and Port Dubon to C-level positions. Kovacs, most recently senior vice president of growth strategies, will now serve as chief innovation officer and oversee Axient’s innovation and growth strategy and technical capability expansion efforts in data analytics and digi...
The State Department has cleared Taiwan’s request to buy munitions, related equipment and services for F-16 fighter jets from the U.S. government through a potential $619 million foreign military sales agreement. Lockheed Martin (NYSE: LMT) and Raytheon Technologies’ (NYSE: RTN) missiles and defense business will serve as principal contractors i...
Northrop Grumman (NYSE: NOC) and Raytheon Technologies (NYSE: RTX) will continue to refine their proposed concepts of the Glide Phase Interceptor under modifications to their other transaction prototype agreements with the Missile Defense Agency. The companies will further develop their interceptor concepts for MDA’s regional hypersonic missile de...
Roger Krone, chairman and CEO of Leidos (NYSE: LDOS) and a 10-time Wash100 Award winner, will retire by May after nine years at the helm. Leidos said Monday that Thomas Bell, CEO of Rolls-Royce’s North American subsidiary and president of its global defense business, will succeed Krone in the chief executive post, effective May 3....
The State Department has approved Australia’s request to buy an extended-range configuration of the Advanced Anti-Radiation Guided Missile system, related equipment and services under a potential $506 million foreign military sales agreement. The possible FMS transaction includes 63 AARGM-ERs and 20 captive air training missiles, the Defense Secur...
Kevin Heald to Lead Accenture Federal Arm’s National Security Portfolio; Lockheed Books $2.2B Contract for Navy Ship Hypersonic Tech Integration; Booz Allen Invests in UAS Sensing Tech Developer Hidden Level Click to Unmute ...
Telos (Nasdaq: TLS) has named Josh Salmanson as senior vice president of technology solutions and appointed Lee Canterbury as vice president of corporate growth. The latest executive appointments were part of the company’s push to secure new business opportunities, build up technology offerings and increase win rates in the federal and commerc...
The State Department has approved the Netherlands’ request to purchase Lockheed Martin-built (NYSE: LMT) multiple launch rocket systems and associated equipment from the U.S. government under a $670 million foreign military sale proposal. The possible deal includes 20 M142 High Mobility Artillery Rocket System, missile and rocket pods, battle ...
Clement Chen, former chief strategy officer at Leidos‘ (NYSE: LDOS) health group, has been appointed as CEO of DSFederal. His new duties involve leading activities to reach DSFederal’s strategic, operational and financial goals, as well as overseeing employee engagement and client relationships and partnerships, the data science and digi...
