The U.S. subsidiary of Italy-based aerospace and defense conglomerate Leonardo has filed with the Securities and Exchange Commission a registration statement for its planned initial public offering. Leonardo DRS plans to list a minority stake of its common shares on the New York Stock Exchange using the ticker symbol āDRSā through the IPO, which...
Eli Lilly and Co. (NYSE: LLY) has received a pair of firm-fixed-price contracts worth $2.73 billion combined from the U.S. Army Contracting Command to produce monoclonal antibody drugs for COVID-19. The first contract, valued at $2.52 billion over nine months, covers the supply of coronavirus treatment that combines two neutralizing antibodies, LY-C...
Alefiyah Mesiwala, a former White House senior policy adviser on health care, has been named chief medical officer of Humana’s military subsidiary in a move slated to take effect March 15. She will be responsible for directing clinical support and medical management work and ensuring care delivery to beneficiaries under the Defense Health Agen...
Raytheon Technologies (NYSE: RTX) has secured a potential five-year, $146.3 million to help the U.S. Navy operate and maintain a relocatable over-the-horizon radar system that supports the U.S. government’s counter narco-terrorism operations. The company’s intelligence and space business will perform ROTHR operation and maintenance work ...
Cubic (NYSE: CUB) will design, develop and test training materials for the U.S. Navy’s Relevant Ready Learning program under a potential four-year, $92.4 million contract. The company will also help the service branch prepare course pilot and train-the-trainer programs as part of the indefinite-delivery/indefinite-quantity contract, the Depart...
Gerry Fasano, president of Leidosā Defense Group, has earned his second consecutive Wash100 Award, the most prestigious award in all of government contracting (GovCon), for driving massive defense contracts with federal customers and spearheading valuable acquisitions, which has significantly expanded Leidos revenue and influence in the marketplac...
AeroVironment (Nasdaq: AVAV) has acquired the intelligent systems group of Progeny Systems through a $30 million cash transaction as part of efforts to drive autonomy and artificial intelligence technology development work and expand robotic systems engineering support for defense and commercial clients. AeroVironment said Wednesday it will merge IS...
ASRC Federal has secured a potential five-year, $457.5 million contract from the U.S. Air Force to carry out base operation support services at Vance AF Base in Oklahoma. The company will receive $65.2 million at the time of award and is scheduled to begin work on April 1, the Department of Defense said Tuesday. DOD...
With the increase of space exploration and defense, space research and technology continues to expand. Spanning across weapons, military and aerospace, space agencies such as NASA and the U.S. Space Force, have worked to develop innovative solutions to support critical space and defense missions. Gen. John Raymond, chief of space operations at...
Sealing Technologies, a Columbia, Maryland-based research, engineering and integration services provider, will transition the Operational Data Integrated Network deployment kit to the production phase under a potential five-year, $89 million other transaction agreement with the U.S. Navy. SealingTech said Tuesday it developed ODIN under an OTA with ...
