Lockheed Martin (NYSE: LMT) raked in $15.1 billion in net sales for the first quarter of 2023, $6.23 billion of which was generated by its aeronautics business. The company on Tuesday released its quarterly financial performance showing net earnings of $1.7 billion, same as the prior-year period figures, and a revenue growth of 0.67 percent...
Thales‘ digital identity and security business and Infineon Technologies‘ Americas subsidiary have secured a potential 10-year contract to help the Government Publishing Office embed electronic security features in U.S. passports. The contractors will equip blank e-passport covers with computer chip technology and software to support the...
Jason Hopkins, a nearly two-decade space sector veteran, has been appointed to a vice president role at Lockheed Martin‘s (NYSE: LMT) subsidiary offering lunar infrastructure services. He will oversee strategy and business development functions at Crescent Space, according to a LinkedIn post published Sunday. Lockheed launched Crescent in Marc...
Crunch time is upon us for the 2023 Wash100 Award popular vote contest: the final two weeks of this celebratory yet highly competitive race. Every January, Executive Mosaic announces a list of the 100 individuals we feel have made an impressive contribution to the government contracting and federal ecosystem, additionally weighing who we think ...
In recent years, the U.S. government has seen a notable increase in contracting work – a shift that has caused the Defense Contract Audit Agency’s workload to grow rapidly. To keep up with the accelerated pace of today’s federal contracting activities, the DCAA has begun to reevaluate its methods and embrace change to transform into an...
Kons Muhtaris, a business development executive who joined CACI International (NYSE: CACI) in January 2021, has been promoted to a vice president role. He will be responsible for supporting the company’s counter-unmanned aircraft system and strategic service businesses, according to his LinkedIn post on Thursday. Prior to joining CACI as a senior ...
Chief information officers are the technological architects of organizations. In today’s world, because everything is digitized, this means these C-level executives are essentially responsible for shaping and designing the way a company runs day-to-day. They oversee and facilitate information technology systems in order to result in optimal busine...
The U.S. Army has awarded a potential $402 million contract to TRX Systems to produce second-generation devices that work to deliver assured positioning, navigation and timing capabilities to dismounted users. The indefinite-delivery/indefinite-quantity contract awarded under the third phase of the Small Business Innovation Research program includes...
Donald Walther, a technology and aerospace industry veteran, has joined Comtech Telecommunications (Nasdaq: CMTL) as chief legal officer. He brings to Comtech nearly 30 years of legal expertise across defense and commercial sectors and will lead the development of development and implementation of corporate legal strategy, export control, trade comp...
By Cameron Chehreh, Vice President and General Manager of Public Sector at Intel Computer chips are everywhere today, from the tiniest industrial sensors and medical devices to the most advanced smart buildings. Cars offer a good example: remove the silicon, and a modern car’s engine (or electric motor), suspension, steering, braking and virtually...
