Raytheon Technologies (NYSE: RTX) reported $17 billion in fiscal 2022 third quarter sales, reflecting a 5 percent increase from the same period last year, and posted a total backlog of $168 billion at the end of the quarter with defense business accounting for $67 billion of that figure. “Our $168 billion company backlog grew over...
Since the close of William LaPlante’s service as assistant secretary of the Air Force for Acquisition, Technology and Logistics in 2017, he has noticed a significant and much-needed increase in the amount of prototyping and experimentation activity within the Department of Defense. Now, LaPlante, a 2022 Wash100 Award winner, has re...
The Defense Advanced Research Projects Agency has begun seeking information on potential sources of technical, analytics and program event assistance as DARPA plans to create a $1 billion multiple-award contract vehicle for these support services. A notice posted Monday on SAM.gov states that DARPA is looking to select up to 10 vendors through the p...
Kirk Riggs, a U.S. Air Force veteran and a former executive at L3Harris Technologies (NYSE: LHX), has been appointed vice president of strategy and business development operations within the intelligence group at Leidos (NYSE: LDOS), according to a LinkedIn post published Monday. While at L3Harris, Riggs oversaw similar functions under the company&#...
Emily Murphy, former administrator of the General Services Administration and current senior fellow at the George Mason University Business School’s Center for Government Contracting, has published her latest article as a part of Executive Mosaic’s GovCon Expert program. GovCon Expert Emily Murphy, who serves as a partner of CEO Coaching Intern...
The Department of Defense has started seeking proposals for a potential 10-year, $499 million contract to develop and test anti-tamper systems to protect critical program information and technologies from reverse engineering attempts and other adversarial efforts. The DOD Anti-Tamper Executive Agent Program Office expects the platforms to be procure...
The U.S. Space Force plans to solicit industry offers to develop two Mobile User Objective System spacecraft in early 2023 as part of efforts to extend the life of the MUOS satellite constellation, C4ISRNET reported Friday. Barbara Baker, deputy program executive officer for Space Systems Command’s military satellite communications and positioning...
Booz Allen Closes EverWatch Acquisition; Sue Gordon, Mike Mullen & 5 Others Join Defense Innovation Board; DOE Announces $2.8B Battery Tech Manufacturing Work; William LaPlante on US Manufacturing Ecosystem; Q&A With CSA’s Fog Hahn Click to Unmute...
Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA) and Raytheon Technologies (NYSE: RTX) received the most money through Department of Defense contracts during the government’s 2021 fiscal year, according to data from the Pentagon’s Office of Local Defense Community Cooperation. The “Fiscal Year 2021 Defense Spending by State” report...
Lockheed Martin (NYSE: LMT) logged a 3 percent jump in fiscal year 2022 third quarter sales to $16.58 billion and three of the company’s four business areas also posted revenue increases for the July-September period. The company reported third quarter net earnings of $6.71 per share, $4.5 higher than the prior year period, and raised...
