Category: News

Raytheon Reports $15B in Q1 Sales, $65B Defense Backlog; Greg Hayes QuotedFinancial Report

Raytheon Reports $15B in Q1 Sales, $65B Defense Backlog; Greg Hayes Quoted

Raytheon Technologies (NYSE: RTX) posted sales of $15.3 billion and earnings per share of $0.90 for the first quarter of
VTG Lands $116M Navy C4ISR Support Contract; John Hassoun QuotedContract Awards

VTG Lands $116M Navy C4ISR Support Contract; John Hassoun Quoted

VTG will produce command, control, communications, computers, intelligence, surveillance and reconnaissance systems for a U.S. Navy-operated network integration engineering facility
Former Army Assistant Secretary Heidi Shyu Nominated to Oversee DOD’s Research, EngineeringExecutive Moves

Former Army Assistant Secretary Heidi Shyu Nominated to Oversee DOD’s Research, Engineering

President Joe Biden has nominated Heidi Shyu, who was the U.S. Army’s assistant secretary for acquisition, logistics and technology from
Lockheed Awarded $214M for Army Multiple Launch Rocket System Upgrade WorkContract Awards

Lockheed Awarded $214M for Army Multiple Launch Rocket System Upgrade Work

Lockheed Martin‘s (NYSE: LMT) missiles and fire control business has secured a $214.7 million contract modification to continue modernization of the
Biden Nominates Frank Kendall, Gina Ortiz Jones for Air Force Secretary, Undersecretary RolesExecutive Moves

Biden Nominates Frank Kendall, Gina Ortiz Jones for Air Force Secretary, Undersecretary Roles

President Joe Biden has nominated national security veterans Frank Kendall and Gina Ortiz Jones to serve as secretary and undersecretary
Private Equity Firm Greenbriar Buys PCX Aerosystems BuyM&A Activity

Private Equity Firm Greenbriar Buys PCX Aerosystems Buy

Private equity firm Greenbriar Equity Group has purchased aircraft components supplier PCX Aerosystems for an undisclosed sum as the latter
Boeing Receives $107M Award to Support USAF Missile Telemetry, Termination System ImplementationContract Awards

Boeing Receives $107M Award to Support USAF Missile Telemetry, Termination System Implementation

Boeing (NYSE: BA) has received a $107 million contract modification to help the U.S. Air Force deploy telemetry and termination
Guidehouse-ReefPoint JV Targets Government Health IT Market; Scott McIntyre QuotedM&A Activity

Guidehouse-ReefPoint JV Targets Government Health IT Market; Scott McIntyre Quoted

Guidehouse and ReefPoint Group have created a joint venture that aims to help federal civilian, defense and commercial clients transform
Cubic Shareholders OK Merger Deal With Veritas Capital, EvergreenM&A Activity

Cubic Shareholders OK Merger Deal With Veritas Capital, Evergreen

Stockholders at Cubic (NYSE: CUB) voted Tuesday to approve an amended buyout offer of Veritas Capital and Evergreen Coast Capital,