An RTX (NYSE: RTX) subsidiary has secured a $221 million contract from the U.S. Navy to help maintain and sustain F135 propulsion systems used by the U.S. military and foreign military sales customers. Pratt & Whitney will provide material and support equipment, supplies, unit-level support equipment, labor and planning for depot-level F135 main...
Geoffrey Mattson, former senior vice president at LogRhythm, has joined Xage Security as CEO. Xage said Wednesday Mattson will take the helm of the cybersecurity software provider as it keeps up with the continuous growth in demand for its zero trust mesh platform, which pushed year-over-year revenue up by 420 percent in the first half...
Matthew Moshier, director of financial planning and analysis at Leidos‘ (NYSE: LDOS) defense group, has been promoted to vice president with responsibility over corporate FP&A functions. The 18-year industry veteran announced his VP post Tuesday on LinkedIn and brings nearly two decades of finance and business operations management experie...
Matt Pinkston, a nearly four-decade veteran of the technology and government contracting sectors, has joined bidding intelligence system provider Procurement Sciences AI as chief growth officer. His appointment comes as PSci.AI aims to help government contractors build a competitive advantage through artificial intelligence-based automation technolo...
In the modern battlefield, rapid decision making capabilities are more critical than ever before, and in conflict scenarios, every second counts. Warfighters and military leaders rely not only on huge troves of data coming in from sensor networks and multiple sources, but more importantly on the analysis of that data to inform their most important...
Although the United States Army has been strategically prioritizing the “Army of 2030” recently, the service’s modernization goals don’t stop there. Today, Army leaders are looking even further into the future and preparing for fights well beyond the next decade. During his keynote address at the Potomac Officers Club’s 8th Annual Arm...
ManTech has agreed to purchase Arlington, Virginia-based Definitive Logic in a move to grow technology service offerings and partnerships in the government market. ManTech said Tuesday the transaction is subject to a clearance process under the Hart-Scott-Rodino Antitrust Improvements Act and other customary closing conditions. The Herndon-headquart...
The board of directors of Iridium Communications (Nasdaq: IRDM) has approved a plan to buy back another $400 million in shares through Dec. 31, 2025. Iridium said Thursday the plan marks its third and largest stock buyback authorization and increases the satellite communications company’s total repurchase program to $1 billion, the company sai...
The Senate Appropriations Committee has cleared a bipartisan bill that seeks to provide $497 million in funding to modernize the F135 engine of RTX‘s (NYSE: RTX) Pratt & Whitney business. Aside from the allocation for the F135 engine core upgrade development, the bill also includes $264 million for engine spares and repair parts and $280...
The Department of Defense’s Joint All-Domain Command and Control initiative, or JADC2, has been a high priority for leaders across the defense landscape as they work to provide the United States’ joint force with a connected, unified network to accelerate data sharing and decision making. The Air Force’s response to the Pentagon’s JADC2 effo...
