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TYSONS CORNER, VA, July 31, 2018 ” Rick Ambrose, executive vice president of the space business at Lockheed Martin (NYSE: LMT) and a three-time Wash100 awardee, has said the U.K. government’s effort to further build the local space industry centers on rapid access to space at less cost, similar to the strategy implemented in the...

The Carlyle Group (Nasdaq: CG) has raised $18.5 billion for its latest fund that invests in U.S. companies in defense and government services and aerospace industries. The private equity firm said Monday the amount of capital raised for the Carlyle Partners VII fund surpassed the $15 billion target, reflecting a 42 percent increase ov...

Northrop Grumman (NYSE: NOC) posted $7.1 billion in sales for the second quarter of fiscal 2018, up 10 percent from the same period last year. The company said Monday it recorded $689 million in Q2 net earnings, showing a 24 percent increase from the prior year period, and saw its backlog rise to $52.2 billion in...

TYSONS CORNER, VA, July 30, 2018 ” David Young, senior vice president of strategic government at CenturyLink (NYSE: CTL), has indicated that a change in culture is essentially part of federal agencies’ preparation for the shift from the General Services Administration‘s Networx contract to the Enterprise Infrastructure Sol...

TYSONS CORNER, VA, July 27, 2018 ” Todd Probert, vice president for mission support and modernization at Raytheon‘s (NYSE: RTN) intelligence, information and services business, has said a multidomain command-and-control system will be key to support military decision-making in the future combat environment, ExecutiveBiz reported July 13. ...

TYSONS CORNER, VA, July 27, 2018 ” Lockheed Martin (NYSE: LMT) will support the development of a launch site in Scotland and a new deployment platform for small satellites under two contracts potentially worth $31 million combined from the U.K. space agency, ExecutiveBiz reported July 18. Space News reported July 17 that the company will h...

TYSONS CORNER, VA, July 27, 2018 ” Unisys (NYSE: UIS) will provide software development, operations and management services to the U.S. Navy for the creation of a tactical messaging system under a potential $20 million contract from the Space and Naval Warfare Systems Command, ExecutiveBiz reported July 18. The company said July 17 the&nbs...

https://www.youtube.com/watch?v=iyLhYr3AJ7M The Civil Group has one of the most diverse and dynamic portfolios within Leidos. This video provides an overview of the critical solutions provided to 80% of U.S. Civil Cabinet-level agencies, the UK Ministry of Defence, and hundreds of other public sector and commercial clients around the world. Learn mo...

TYSONS CORNER, VA, July 26, 2018 ” IBM (NYSE: IBM) has collaborated with the Air Force Research Laboratory to develop an experimental supercomputer designed to operate with computing power similar to a human neural network to perform pattern recognition and sensory processing applications, ExecutiveBiz reported Wednesday. AFRL’s informati...