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Press Releases

Lockheed Plans F-35/F-22 Hybrid as Proposed Stealth Fighter to Japan

TYSONS CORNER, VA, April 23, 2018 — Lockheed Martin (NYSE: LMT) is eyeing a hybrid of its F-35 Lightning II and F-22 Raptor fighter jets as its offer to Japan for the country’s potential $40 billion stealth fighter aircraft procurement program, ExecutiveBiz reported Friday. Reuters reported Friday Lockheed had initial discussions with Japanese defense …

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Booz Allen’s New Public Charity to Promote Community Resilience Via Technology

TYSONS CORNER, VA, April 20, 2018 — Booz Allen Hamilton (NYSE: BAH) has created a new charitable institution committed to encourage stakeholders to solve social challenges and reinforce community resilience through innovation and technology, ExecutiveBiz reported Thursday. The firm gave an initial $5 million pledge to back Booz Allen Foundation’s …

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ICF Named Among ‘Best Management Consulting Firms’ in US

TYSONS CORNER, VA, April 20, 2018 — ICF (Nasdaq: ICFI) has been named one of “America’s Best Management Consulting Firms” in an annual Forbes list that recognizes the top companies by industry based on feedback from clients and peers, ExecutiveBiz reported Thursday. The publication compiled the list with Statista by surveying partners, customers …

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Kratos to Support Dynetics in Phase 3 of DARPA’s Drone Swarming Program

TYSONS CORNER, VA, April 20, 2018 — A Kratos Defense and Security Solutions (Nasdaq: KTOS) business unit will work with partner Dynetics as the team advances to the third phase of a Defense Advanced Research Projects Agency program for the aerial launch and recovery of multiple drones, ExecutiveBiz reported Thursday. …

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Boeing to Adopt ‘Commercial Timeline’ to Accelerate WGS 11 & 12 Production

TYSONS CORNER, VA, April 20, 2018 — Boeing (NYSE: BA) is working to accelerate its effort to build the 11th and 12th Wideband Global Satcom satellites using the $600 million that Congress allotted for the program in the 2018 Defense Department budget, ExecutiveBiz reported Thursday. Space News reported Wednesday that Rico Attanasio, …

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ACT I Eyes Global Market With Virginia Economic Devt. Partnership; Michael Niggel Comments

TYSONS CORNER, VA, April 20, 2018 — Advanced Concepts and Technologies International has joined a one-year program under the Virginia Economic Development Partnership that seeks to identify business opportunities in the global market for local aerospace and defense companies, ExecutiveBiz reported Wednesday. The company said VEDP’s Global Defense Program works to help in the …

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Potomac Officers Club Completes Keynote Speaker Lineup for the 5th Annual Cybersecurity Summit

TYSONS CORNER, Va., April 20, 2018 – The Potomac Officers Club — a division of Executive Mosaic — has completed the lineup of keynote speakers for the 5th Annual Cybersecurity Summit, which will be held on April 24th at the Ritz-Carlton Tysons Corner at 1700 Tysons Blvd, McLean, VA. The keynote speakers …

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PwC-Microsoft Alliance to Advance New Cybersecurity Portfolio

TYSONS CORNER, VA, April 19, 2018 — PwC and Microsoft (Nasdaq: MSFT) have expanded their alliance to advance a new suite of cybersecurity services and tools that are geared to safeguard customers’ IT networks and data, ExecutiveBiz reported Wednesday. The product portfolio will cover enterprise security architecture, identity and access management, …

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Lockheed Submits Proposal for Follow-On Air Force GPS III Satellites

TYSONS CORNER, VA, April 19, 2018 — Lockheed Martin (NYSE: LMT) has submitted its bid for the U.S. Air Force’s GPS III Follow On program aimed at developing up to 22 next-generation GPS satellites with anti-jamming capabilities, ExecutiveBiz reported Wednesday. The company said Tuesday its proposed GPS III platform includes …

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BAE Systems Recognizes Kratos Unit as ‘Gold’ Supply Partner

TYSONS CORNER, VA, April 19, 2018 —BAE Systems has given Kratos Defense and Security Solutions’ (Nasdaq: KTOS) microwave electronics division recognition for its performance as a supplier, ExecutiveBiz reported Tuesday. Kratos said Monday the division received a Gold Supplier Award along with 36 other companies during the Partner 2 Win Supplier Symposium hosted …

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