By Payam Pourkhomami, President & CEO of OSIbeyond To ensure adequate preparation for a Cybersecurity Maturity Model Certification 2.0 assessment, the Cyber AB advises contractors to start preparing for it at least six months in advance, depending on their current cybersecurity readiness and resources. In OSIbeyond’s experience, most organiza...
Mark Bagley, a more than two-decade cybersecurity industry executive, has joined Caveonix, a Falls Church, Virginia-based hybrid cloud security platforms provider, as chief product officer. He will oversee development strategy and innovation efforts to advance Caveonix’s growth initiatives, the company said Friday. Bagley most recently served ...
Christopher Calio officially assumed the CEO post at RTX (NYSE: RTX) on May 2, adding it to his president post and succeeding Gregory Hayes, who will continue to serve as the defense contractor’s executive chairman. In a statement published Thursday, Calio said that he underscored during the 2024 Annual Shareowners Meeting the opportunity for ...
Lockheed Martin (NYSE: LMT) has dropped its plans to buy small satellite manufacturer Terran Orbital (NYSE: LLAP) for more than $500 million, SpaceNews reported Thursday. The Bethesda, Maryland-based aerospace and defense contractor confirmed to SpaceNews that it will no longer pursue its offer to acquire Terran Orbital. “We are committed to suppo...
HII (NYSE: HII) has posted $2.8 billion in revenues during the first quarter of 2024, a 4.9 percent increase from the prior-year period, and reported an operating income of $154 million, up 9.2 percent compared to the previous year. The company attributed its revenue increase to growth in its mission technologies and Ingalls Shipbuilding segments,...
The Defense Information Systems Agency has awarded 10-year recompete contracts to Verizon (NYSE: VZ), AT&T (NYSE: T) and Secure Federal Operations to provide priority telecommunications support services for the Cybersecurity and Infrastructure Security Agency during natural disasters and national security emergencies. The sole-source contracts w...
The Next Generation Air Dominance initiative is a major U.S. Air Force effort to create a sixth-generation “family of systems” that will supplant its current fleet of F-22 Raptor aircraft. Though many program specifics are still shrouded in secrecy, it is one of the service branch’s highest priorities. It is also a notable portion of...
Seven companies have secured spots on a potential 11-year, $820 million contract to provide commodities depot activation support services for the U.S. Air Force’s KC-46 aerial refueling and military transport aircraft fleet. The contractors will provide line replaceable units and commodities to establish organic depot repair capabilities of th...
Former military service members Roy Kitchener and David Gaedecke have been appointed senior executive advisers at Booz Allen Hamilton‘s (NYSE: BAH) global defense business. Both veterans bring decades of military experience and will provide advice to Booz Allen’s leadership team on the development and delivery of new capabilities for glo...
The U.S. Army is looking to solve some key challenges for its contractors with a new digital center of excellence and a small “cell” unit to help with software development and acquisition specifically. The service branch’s Chief Information Officer Leonel Garciga, who was appointed to his post last year, said that some of the Army’s most f...
