Josh Thompson, a long-time General Dynamics executive, has been appointed president of General Dynamics Ordnance and Tactical Systems. The global aerospace and defense company said Friday Thompson’s appointment will take effect on Feb. 01. Josh Thompson’s Career History Thompson has been serving as senior vice president and chief financial officer of Gulfstream Aerospace, another wholly owned subsidiary of General
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Evercore Offers January Update on Defense & Government Services Firms’ Market Performances
Investment banking firm Evercore has issued its January report, highlighting the market performances of several U.S. defense and government services companies. The monthly update released by the firm’s aerospace, defense and government services team shows the enterprise and equity values, share performances and operating metrics of several U.S. defense primes, including RTX, Boeing, Lockheed Martin,
Chris Bishop Returns to HII Mission Technologies as Chief Growth Officer
Chris Bishop has returned to HII as chief growth officer of the company’s mission technologies division. The executive confirmed his move in a LinkedIn post Sunday. Who is HII Mission Technologies’ Head of Growth Bishop served as CGO at HII MIssion Technologies from August 2021 to April 2023. During that time, he led the implementation
NSTXL Announces Leadership Changes
The National Security Technology Accelerator, or NSTXL, has announced several leadership appointments to improve operations and drive growth. Shelley Tweedy’s Appointment as COO NSTXL said Thursday Shelley Tweedy, who has been with the tech accelerator since 2020, has been appointed chief operations officer. As COO, she will work closely with the executive team to identify
NIH Posts Sources Sought for $400M Architect-Engineer Multiple Award Task Order Contract
The National Institutes of Health is seeking information from small businesses capable of providing architect-engineer services under a potential $400 million multiple award task order contract and $100 million blanket purchase agreement. According to a sources sought notice posted on SAM.gov, the upcoming MATOC will cover professional AE services while BPAs will provide for other
Bechtel Lands $175M Navy Contract Modification for Nuclear Propulsion Components
Bechtel Plant Machinery Inc., or BPMI, has landed a $175.6 million contract modification from the U.S. Navy for the production of naval nuclear propulsion components. Naval Nuclear Propulsion Components Contract Details The Department of Defense said Friday BPMI will perform work for the cost-plus-fixed-fee modification in Monroeville, Pennsylvania, and Schenectady, New York. The project is set
GovCon Index Off to Rough Start in 2025, Sharp Selloff on Wall Street
Executive Mosaic’s GovCon Index ended slightly higher on Friday at $4,830.86 (+0.05%), although it still lost -0.73% for the week. The index, which tracks the stock performances of 30 major government contractors, is off to a rough start in 2025 and is down -0.14% year-to-date. Wall Street reopened after the Day of Mourning, but the
MTSI Books $100M Space Force Contract for Space C2 Work
Modern Technology Solutions Inc. has received a potential five-year, $99.9 million contract from the U.S. Space Force to perform prototyping work and deliver processes for space command and control. The Department of Defense said Friday Space Systems Command awarded the sole-source, cost-plus-fixed-fee contract as part of the third phase of the Small Business Innovation Research