Boeing (NYSE: BA) reported a $6.2 billion revenue from its defense, space and security business for the fourth quarter of 2022, compared with the $5.8 billion posted in the same period a year ago. The BDS organization posted a 5 percent growth year-on-year, bringing its annual sales to $23.1 billion, according to Q4 2022 financial...
The General Services Administration is calling for industry nominations to a new committee that will be tasked with advising federal agencies on cloud adoption and security matters. Interested private sector professionals have until Feb. 9 to nominate themselves to become part of the 15-member Federal Secure Cloud Advisory Committee, the agency said...
A Textron (NYSE: TXT) subsidiary will manufacture up to 64 multi-engine training systems to replace the U.S. Navy’s T-44C Pegasus trainer platform under a potential $677.2 million contract. Naval Air Systems Command said Wednesday the branch initially ordered 10 aircraft for approximately $113.1 million through the firm-fixed-price c...
Don Graves, deputy secretary at the Department of Commerce, met with CEOs of nine space situational awareness companies to seek ideas on how industry could help build and implement a Traffic Coordination System for Space, Breaking Defense reported Wednesday. The free space traffic management service is one of the government’s initiatives outsi...
Photo by Postmodern Studio from Shutterstock.com Since 1917, Oshkosh Corporation has become a dominant player in the American industrial sector, specializing in producing customized machinery and vehicles. Oshkosh’s defense division has won several contracts to manufacture joint light tactical vehicles. Learn more about the founders and top ex...
Executive Mosaic, the government contracting sector’s leading media and events organization, is honored to announce the winners of the 2023 Wash100 Award in celebration of the award’s 10th anniversary. The Wash100 Award, GovCon’s most powerful accolade, annually honors the top 100 executives of consequence in the government contracting co...
Raytheon Technologies (NYSE: RTX) plans to realign its four current businesses into three focused segments – Collins Aerospace, Pratt & Whitney and Raytheon – as part of efforts to drive the company’s technology synergies, market growth and financial targets. Christopher Calio, chief operating officer of Raytheon, will assume additiona...
Crucial for interoperability with international allies, mission partner environments are shared communications spaces that allow for ease of collaboration with aligned governments. Joint All Domain Command and Control is the U.S. Department of Defense’s initiative to achieve communications cross-functionality between all of the country’s deploye...
In today’s particularly complex and competitive geopolitical environment, the United States is reinvigorating its commitment to advancements in critical defense priority areas. New warfighter capabilities are being enabled by technologies like artificial intelligence, microelectronics and others, but the U.S. must accelerate investments in these a...
Microsoft (Nasdaq: MSFT) has agreed to make a multiyear, multibillion dollar investment in OpenAI, creator of artificial intelligence chatbot ChatGPT, to support the latter’s independent AI research and development efforts and enable both companies to commercialize new AI platforms. “We formed our partnership with OpenAI around a shared ambition...
