Phebe Novakovic, chairman and CEO of General Dynamics (NYSE: GD) and a 2021 Wash100 Award winner, believes in the patriotism of her role as head of the Reston, Virginia-based aerospace and defense company that supports U.S. policy and the mission of the Department of Defense, The Wall Street Journal reported Friday. “It is our moral...
The U.S. Navy has awarded Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary a $735.9 million contract modification to increase the scope for low-rate initial production of lot 5 CH-53K helicopters. Sikorsky will produce nine CH-53Ks and perform logistical, programmatic and aircraft support work for the service branch, the Department of Defense...
U.S. Transportation Command has issued a two-year, $152.6M contract modification through which 11 companies will provide multimodal transportation services within and outside the continental U.S. The contractors will perform doorstep deliveries, process customs clearances, facilitate data exchanges and clear containerized and breakbulk cargo under t...
Raytheon Technologies (NYSE: RTX) has secured a potential $344.4 million sole-source contract to update MK-15 close-in weapon systems for the U.S. Navy and South Korea. The company’s missiles and defense business will modernize the radar-guided gun systems and provide associate hardware to customers as part of the firm-fixed-price contract, th...
Dennis Freeman, a Department of Defense veteran, has joined Mission Secure as a technical adviser within the cybersecurity company’s government and defense business. He brings decades of military and civilian service experience to his new position and will help Mission Secure execute its operational technology cybersecurity strategy for govern...
Washington, D.C.-based investment firm Enlightenment Capital has invested in Fenix Group, a Chantilly, Virginia-based provider of battlefield edge networks and integrated systems, to help the latter advance its growth strategy. “This partnership greatly enhances our ability to drive growth through expansion of our facility footprints in multiple s...
Lockheed Martin (NYSE: LMT) has been awarded a $472.5 million contract modification by the U.S. Navy to develop and integrate F-35 aircraft weapons for the British and Italian governments. The company’s aeronautics segment will support the functional review and development test of three weapons systems on the conventional takeoff-and-landing a...
Defense industry veterans Kevin Fahey and John Tile have joined the board of directors of Enterprise Ventures Corp., a wholly owned affiliate of Concurrent Technologies Corp. Edward Peretin, interim president of EVC, said in a statement published Monday the expertise of Fahey and Tile will complement the existing members of the board as EVC continue...
TYSONS CORNER, VA, June 21, 2021 — David Appel, vice president of command and control data solutions at Raytheon Technologies‘ (NYSE: RTN) intelligence and space business, said an open systems architecture has the potential to speed up data processing for the Department of Defense’s signals intelligence mission, ExecutiveBiz reported J...
ManTech International (Nasdaq: MANT) has secured a potential five-year, $61 million contract to help the Department of Defense engineer and support systems intended for irregular warfare operations. Work under the contract will include program management, analytical, administrative and operational work for the irregular warfare technical support dir...
