Arvind Krishna, chairman and CEO of IBM (NYSE: IBM), has joined the board of directors of Northrop Grumman (NYSE: NOC). The 32-year Big Blue veteran has steered the technology company through market expansion initiatives across the areas of cloud and quantum computing, artificial intelligence and blockchain, Northrop said Wednesday. Krishna has serv...
A Lockheed Martin (NYSE: LMT) spacecraft launched aboard NASA’s Space Launch System rocket early Wednesday in the start of the agency’s program to land humans again on the lunar surface. The uncrewed Orion separated from the SLS upper stage at a speed of 22,600 mph two hours after liftoff at the Kennedy Space Center in...
The Missile Defense Agency has awarded Raytheon Technologies (NYSE: RTX) and Northrop Grumman (NYSE: NOC) other transaction prototype agreement modifications to continue the development and refinement of the companies’ respective concepts of the Glide Phase Interceptor. Both contractors will work to polish their prototypes for the �...
Kathleen Hicks, deputy secretary of the Department of Defense and a 2022 Wash100 Award recipient, spoke with leaders of eight large primes to discuss strategic priorities for the Pentagon and business challenges facing the industry. DOD said Tuesday executives at BAE Systems, Boeing (NYSE: BA), General Dynamics (NYSE: GD), HII (NYSE: HII), L3Harris ...
Northrop Grumman (NYSE: NOC) has secured a contract from the U.S. Air Force to equip two additional E-11A modified Bombardier aircraft with an airborne communications relay and gateway system. The award was made under a $3.6 billion indefinite-delivery/indefinite-quantity contract covering the development, testing, integration and sustainment of the...
The Space Development Agency is seeking information on industry sources that could provide a position, navigation and timing service payload for the second tranche of the National Defense Space Architecture’s transport layer. SDA intends to proliferate a low cost L-band PNT service payload on the Tranche 2 Transport Layer, according to a request f...
Leidos (NYSE: LDOS) posted $164 million in net income and diluted earnings per share of $1.17 in the third quarter of fiscal year 2022 and saw its revenue rise 4 percent to $3.6 billion for that period. The company attributed the sales growth to increased deployments on the Defense Healthcare Management System Modernization program, ramp-up...
Northrop Grumman (NYSE: NOC) has secured a one-year, $87.8 million contract from the U.S. Air Force to support sustainment efforts for the E-8C Joint Surveillance Target Attack Radar System. The company will engineer and sustain systems, train flight and mission crews and manage certification of weapon system interoperability as part of the ind...
Northrop Grumman (NYSE: NOC) saw its sales for the third quarter of fiscal 2022 jump 3 percent to $9 billion, up from $8.7 billion during the prior-year period, and attributed the growth to improving trends in labor availability and strong demand for the company’s capabilities. The Falls Church, Virginia-based aerospace and defense contractor said...
Suresh Subbaratinam, former enterprise solutions architect at CACI International (NYSE: CACI), has joined security consulting firm Avint as chief technology officer. The two-decade information security veteran will lead Avint’s technology development projects and quality-related initiatives in his new position, the company said Wednesday. Subb...
