Following Jacobs Engineering Group’s (JEC) official acquisition of KeyW on June 12th, United Technologies Corp. (UTX) has replaced KeyW as a member of the GovConIndex. You can find the daily performance of the GovCon industry, the latest financial news and expert analysis on the GovConIndex right here. UTX joins the …
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Lockheed Named Largest Contract Recipient in DOD’s Fiscal 2019 State-Level Spending Report
A state-by-state analysis of Department of Defense spending showed Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) took the first three spots on a list of top 10 contract awardees during fiscal year 2019. Lockheed received $45.6B in FY 2019 contracts, while Boeing and Northrop secured …
Read More »Pratt & Whitney Gets $174M Contract Option to Produce Additional F-35A Engines
Raytheon Technologies' (NYSE: RTX) Pratt & Whitney subsidiary has received a $174.2M contract modification to manufacture 14 propulsion systems for the U.S. Air Force's F-35A conventional takeoff and landing aircraft.
Read More »Aerojet Rocketdyne Appoints Dan Boehle as CFO; Eileen Drake Quoted
Dan Boehle, formerly vice president, controller and chief accounting officer at Aerojet Rocketdyne (NYSE: AJRD), has taken on a new role as the company’s chief financial officer.
Read More »Alain Bellemare Named Operating Executive for Carlyle’s Global Aerospace, Defense, Gov’t Services
Alain Bellemare, an aerospace industry veteran, has been appointed an operating executive within the global aerospace, defense and government services group at The Carlyle Group (Nasdaq: CG).
Read More »BAE Closes Purchase of Collins Aerospace’s Military GPS Business
BAE Systems has finalized its acquisition of the military GPS business of Raytheon Technologies’ (NYSE: RTX) Collins Aerospace subsidiary. BAE agreed to buy the military GPS business for $1.925B in cash in January and expects the transaction to expand its existing portfolio of electronics systems, the company said Friday.
Read More »Allen Thompson Appointed Intel VP for US Gov’t Relations
Intel (Nasdaq: INTC) has named Allen Thompson, formerly an executive director at Raytheon Technologies (NYSE: RTX), vice president of U.S. government relations to oversee the chipmaker's state and federal communications initiatives.
Read More »Report: BAE to Build $139M Defense Aerospace Facility in Iowa
BAE Systems plans to develop a $139M classified facility in Cedar Rapids, Iowa, and create 650 jobs in the city, The Gazette reported Friday. Construction work on the proposed 200K-square-foot defense aerospace facility is expected to kick off by October and conclude by September 2022. Ryan Companies US will serve as the project’s developer.
Read More »Raytheon Technologies Names Dantaya Williams Chief HR Officer; Greg Hayes Quoted
Dantaya Williams, former vice president of human resources at Pratt & Whitney's commercial engines division, has been named chief HR officer of Raytheon Technologies (NYSE: RTX).
Read More »Steve Worley, Chris Emerson Named to HawkEye 360 Board
Defense industry leaders Steve Worley and Chris Emerson have joined the board of directors of HawkEye 360, a Herndon, Va.-based radio frequency data analytics company.
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