Jack Sears, a more than 25-year GovCon industry veteran, has been named chief growth officer of Precise Systems, a technical and professional services provider to the Department of Defense. He will be responsible for the company’s capture, proposal and business development activities and help drive strategic growth efforts as a member of the execu...
Jim Taiclet, chairman, president and CEO of Lockheed Martin (NYSE: LMT), said he believes the company is in a “strong position” given with the White House’s fiscal year 2024 budget request of approximately $886 billion for the Department of Defense, FlightGlobal reported Sunday. The proposed budget for DOD reflects a 3.3 percent year-on-ye...
Lockheed Martin‘s (NYSE: LMT) missiles and fire control business will provide engineering support for the development of a component intended to modernize a missile defense system segment under a $50 million contract from the U.S. Army. Associated work on the THAAD 5.0 Patriot Advanced Capability-3 missile segment will be done at Lockheed MFC&...
A Palantir Technologies (NYSE: PLTR) subsidiary has received from the U.S. Air Force three separate one-year contracts worth $110.5 million combined to provide data-as-a-service platforms to support command and control and decision-making operations. Palantir USG will support the Headquarters Air Force by enabling HAF to integrate personnel, health,...
Lloyd Austin, secretary of the Department of Defense and a three-time Wash100 awardee, has cleared a memo ordering agencies to implement the six recommendations by a tiger team to accelerate and strengthen the foreign military sales process in support of the 2022 National Defense Strategy. The first three recommendations are improving DOD’s unders...
GE Aerospace will provide the Defense Logistics Agency supplies related to an engine product series that powers military fighter and bomber aircraft under a $422.8 million contract. The sole-source acquisition contract for F101, F110 and F118 engines has a firm-fixed-price, requirements-type structure, the Defense Department said Friday. Defense app...
Ellen Lord, former undersecretary for acquisition and sustainment at the Department of Defense, and Bruce Crawford, a retired U.S. Army lieutenant general, have joined the board of directors of Comtech (Nasdaq: CMTL). Lord and Crawford bring to Comtech’s board their government and industry experience in the field of capability development, bud...
Rosslyn, Virginia-based onboard data company Shift5 has secured $33 million in additional funding for its Series B round led by Moore Strategic Ventures. The additional financing brings the Series B round to $83 million and comes as the company reports growth in its revenue, platform deployments and number of customers across the Department of Defen...
Denver-based York Space Systems has acquired Emergent Space Technologies in a transaction that expands the former’s software development and mission design services for the government sector. Laurel, Maryland-based Emergent is a small business focused on developing software and guidance, navigation and control systems for military, civil and c...
SpaceX has secured a contract from the U.S. Department of Defense to provide Starlink satellite communications terminals and services for Ukraine’s military, Bloomberg reported Thursday. The Pentagon will likely acquire the satcom terminals through the Ukraine Security Assistance Initiative. “We continue to work with a range of global partne...
