Kathy Warden â chairman, CEO and president of Northrop Grumman (NYSE: NOC) and a 2020 Wash100 winner -- has been appointed to succeed Kelly Ortberg as chairman of the Aerospace Industries Association's board of governors. AIA named Mike Petters, president and CEO of Huntington Ingalls Industries (NYSE: HII)Â and a previous Wash100 awardee, as...
Boeing (NYSE: BA), General Atomics' aeronautical systems business and Kratos Defense & Security Solutions (Nasdaq: KTOS) have received separate two-year contracts worth $77.8M combined to develop prototype unmanned air vehicles for the U.S. Air Force's manned-unmanned teaming experimentation initiative. All three companies will aim to ...
TransDigm Group (NYSE: TDG) has agreed to acquire a Cobham subsidiary focused on providing antennas and radio systems for the aerospace end market. TransDigm will use existing cash on hand to finance the $965M acquisition of Cobham Aero Connectivity and expects the transaction to close during the third quarter of calendar year 2021, subject to regu...
AAR's (NYSE: AIR) government services unit has won a five-year, $148.4M contract to perform logistics services for the U.S. Navy's C-40A Clipper aircraft. The company will help the Navy maintain C-40A units, associated subsystems and support equipment, the Department of Defense said Monday....