U.S. senators voted 64-33 Wednesday to approve a $280 billion funding bill that would give more than $52 billion to domestic semiconductor production, manufacturing research, workforce training and laboratory-to-fabrication transition programs. The CHIPS and Science Act of 2022, which is now headed to the House of Representatives for approval, also ...
Raytheon Technologies (NYSE: RTX) posted $16.31 billion in sales for its fiscal year 2022 second quarter, up 4 percent on an organic basis over the prior-year period and reported adjusted earnings per share rose from $1.03 to $1.16 per share. The Arlington, Virginia-based defense and aerospace contractor attributed the higher sales to a strong start...
As the U.S. Air Force continues its aggressive pursuit of modernization and prepares for the future fight, the head of the service wants to put words into action and get meaningful military capabilities into the hands of warfighters faster than ever before. “I’m not very interested in experimentations or demos. I’m prepared to accept r...
Sierra Nevada Corp.‘s space subsidiary has created a group that will advise the business on matters related to national security threats and technology trends. James “Hondo” Geurts, former acting undersecretary and acquisition chief of the U.S. Navy and a previous Wash100 awardee, will lead the national security advisory group at Sierra Space ...
The government contracting market is an ever-changing landscape that requires those who work within it to be agile, adaptable, entrepreneurial and quick on their feet. Executive Mosaic spoke with five GovCon executives to find out what it takes to not only be successful, but to thrive and climb the ranks in the highly competitive market. “One...
Mike Barthlow, president and CEO of BT Federal, spoke with GovCon Wire about recently joining the company as well as how the leadership team is evolving its workforce to capitalize on more than 70 years of security experience across the federal landscape. In addition, Barthlow discussed his strategic growth goals for BT Federal and how the company...
Electronic warfare is becoming a top priority for the U.S. Army, especially following the Russian invasion of Ukraine, which put the latest EW tactics in the global spotlight. Defined by the Department of Defense as “military activities that use electromagnetic energy to control the electromagnetic spectrum and attack an enemy,” electronic warfa...
The State Department has approved Singapore’s request to purchase F-15 munitions, follow-on training and sustainment support and associated equipment from the U.S. government under a potential $630 million foreign military sales agreement. The Defense Security Cooperation Agency said Monday that no principal contractor is involved in the possi...
Acuity International will provide base operations and security services to Iraq’s F-16 program as part of a $127 million contract action by the U.S. Air Force to fulfill a foreign military sales requirement. The Department of Defense said Friday contract work will occur through Jan. 30, 2023, at the Martyr Brigadier General Ali Flaih Air...
The State Department has cleared a potential $397 million purchase request from the government of Kuwait for missiles, bombs, tail kits and other equipment in support of its Eurofighter Typhoon aircraft fleet. The potential foreign military sales transaction will include 60 AIM-120 C-7/8 Advanced Medium Range Air-to-Air Missiles, several hundred MK-...
