Search Results for: SPA

Lockheed Gets $542M IDIQ for Lot 13 F-35 Ancillary Mission Equipment, Spares

Lockheed Martin‘s (NYSE: LMT) aeronautics business has received a five-year, $542.2M contract to provide F-35 ancillary mission equipment and associated initial spares to U.S. and international military customers. The Department of Defense said Tuesday the company will initially receive $437.3M in U.S. Air Force, Navy and Marine Corps aircraft procurement, non-U.S. DoD participant and foreign …

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Northrop Plans New Aerospace-Focused Facility, Expanded Workforce in Albuquerque

TYSONS CORNER, VA, January 14, 2018 — Northrop Grumman (NYSE: NOC) is set to open a new facility in Albuquerque, N.M., that is aimed to generate additional job opportunities in the region as the company works to drive growth in its aerospace business, ExecutiveBiz reported Thursday. The Albuquerque Journal reported Wednesday that …

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Lockheed Vet Robert Cleave Joins Space Firm Vector as Chief Revenue Officer

Robert Cleave, a 13-year veteran of Lockheed Martin (NYSE: LMT) and founder of satellite operator Xtar, has been named chief revenue officer of space launch company Vector. He will lead a line of business as well as budgeting, customer acquisition and partnership efforts in his new position, Vector said Thursday. The three-decade space industry veteran …

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Matt Desch: Rideshare Could Make Launch Opportunity for Iridium NEXT Ground Spare Satellites

TYSONS CORNER, VA, January 10, 2018 — Matt Desch, CEO of Iridium Communications (Nasdaq: IRDM), has indicated the possibility that the company will launch the six ground spare satellites in the Iridium NEXT constellation if there is an opportunity for a rideshare mission, ExecutiveBiz reported Friday. Space News reported Jan. …

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KippsDeSanto Report: Aerospace, Defense M&A Momentum to Continue in 2019

Eighty percent of 222 dealmakers who responded to a KippsDeSanto & Co. survey expect merger-and-acquisition activity in the aerospace, defense and government services markets to increase this year or remain the same as last year. KippsDeSanto said Tuesday more than 60 percent of 2019 M&A Survey respondents were executive-level corporate or strategic buyers and …

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Pratt & Whitney Vet Kevin Martin Joins Cadence Aerospace as CIO

Cadence Aerospace, a portfolio company of investment firm Arlington Capital Partners, has named former Pratt & Whitney executive Kevin Martin as chief information officer. The more than 30-year industry veteran most recently served as associate director of military engines business development at the United Technologies Corp. (NYSE: UTX)  subsidiary, Cadence Aerospace said Tuesday. His …

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Parsons Buys OGSystems to Add Geospatial Intell Expertise

Parsons has purchased Chantilly, Va.-based technology services contractor OGSystems for an undisclosed sum in a move to deepen expertise in geospatial intelligence and big data analytics. Chuck Harrington, chairman and CEO of Parsons, said in a statement released Monday the company’s strategy is focused on disruptive technology platforms built to …

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Former Patriot Group CFO Darla Moon Joins SPA as Finance Chief

Darla Moon, former chief financial officer of global mission support services contractor Patriot Group, has been appointed to the same position at Systems Planning and Analysis. She brings two decades of finance, mergers and acquisitions, finance and strategic planning and execution experience to SPA, the company said Monday. Before Patriot Group, …

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Kratos Reports $65M in Additional Space, Satcom Program Pipeline; Phil Carrai Quoted

TYSONS CORNER, VA, January 7, 2018 — Kratos Defense and Security Solutions (Nasdaq: KTOS) will work on several space and satellite communications programs with U.S. and other defense customers via an estimated $65M in new contract wins, options and renewals, ExecutiveBiz reported Wednesday. The company said Dec. 31 it will supply …

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Johns Hopkins APL-Built Spacecraft Sends Data After Flyby Near Ultima Thule

TYSONS CORNER, VA, January 3, 2018 — A spacecraft that Johns Hopkins University Applied Physics Laboratory built for NASA has traveled the farthest among any spacecraft in history after it reached its target object in the Kuiper Belt, ExecutiveBiz reported Wednesday. The lab said Tuesday the New Horizons mission has flown past Ultima Thule, which …

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