The U.S. Army has awarded L3Harris Technologies (NYSE:LHX) a contract worth potentially more than $90M to update transceivers designed to increase soldiers' situational awareness on the battlefield, Defense News reported Tuesday....
Leonardo DRS will continue to manufacture infrared weapon sighting technology for helmet-mounted vision systems under a $89M follow-on delivery order from the U.S. Army....
Veritas Capital has generated $6.5B in capital commitments for its seventh fund in support of its strategy to invest in technology-focused companies that deliver products and services to government and commercial clients....
Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary has introduced a coaxial helicopter concept for the Future Attack Reconnaissance Aircraft program, which is meant to address the U.S. Army's vertical lift requirements....
L3Harris Technologies (NYSE:LHX) has delivered 40 Enhanced Night Vision Goggle-Binocular devices to the U.S. Army as part of a $391M contract awarded last year. The company said Monday it received two more delivery orders worth $153M combined to deliver 7K additional systems and provide logistics support services....
A General Dynamics (NYSE: GD) subsidiary has landed a one-year, $434.4M contract to perform lead yard support, design efforts and development studies on the U.S. Navy's Virginia-class attack submarines....
Stratolaunch Systems, a space transportation venture established by the late Microsoft (Nasdaq: MSFT) co-founder Paul Allen, now operates under an undisclosed entity after transitioning ownership from Allen’s Seattle-based company Vulcan....
CAE's (NYSE: CAE) U.S. subsidiary has been awarded contract options of an undisclosed value to manufacture five more engine maintenance trainers for the U.S. Army's fleet of Abrams M1A2 main battle tanks....
David Calhoun, independent lead director at Boeing (NYSE: BA), has been elected to serve as non-executive chairman after the aerospace and defense company’s board decided to separate the chairman and CEO roles in an effort to strengthen the firm’s safety management practices and governance....
Kevin McAleenan, a 2019 Wash100 award recipient, is stepping down from his role as acting secretary of the Department of Homeland Security after six months on the job, the Wall Street Journal reported Friday. President Donald Trump said in a tweet McAleenan "wants to spend more time with his family and go to the private sector."...
