RTX’s (NYSE: RTX) Pratt & Whitney subsidiary has received two contract modifications worth $517.1 million combined from the U.S. Navy to deliver spares for the production of the F135 propulsion system and provide continued technical engineering support for the F-35 Lightning II Propulsion System Block Four Flight Test Program. The Department o...
By Nancy Patel, General Manager of Commercial at Unison The hard-earned expertise of GovCon contract professionals has long been the backbone of successful execution, growth and profitability. These subject matter experts possess deep, expansive and irreplaceable knowledge that guides critical decisions and strategies. But what happens when they ret...
Mattermost has named Leigh Dow, a marketing and growth executive, as chief marketing officer. The collaboration platform provider said Monday Dow will oversee Mattermost’s global marketing strategy, drive growth efforts, expand brand presence and advance the development of public-private partnerships and public policy to facilitate the delivery of...
Matt Shaver, co-founder of BrainGu, has taken on the role of chief technology officer at the Grand Rapids, Michigan-based software development company. The company said Friday he will lead a team of engineers and drive BrainGu’s technical roadmap and vision as CTO. Shaver’s appointment comes after John “Spence” Spencer-Taylor, co...
Iridium Communications (Nasdaq: IRDM) has appointed senior finance executive Vincent O’Neill as chief financial officer and business development leader Timothy Last as executive vice president of sales and marketing, effective Jan. 1. The McLean, Virginia-based company said Wednesday O’Neill will succeed the retiring Thomas Fitzpatrick, ...
The State Department has approved South Korea’s request to purchase up to 36 AH-64E Apache helicopters from the U.S. government. The Defense Security Cooperation Agency said Monday the proposed foreign military sale is valued at around $3.5 billion and includes 76 T700-GE-701D engines, 36 AN/ASQ-170 modernized target acquisition and designation si...
The State Department has approved the potential $3.5 billion sale of up to 36 AH-64E Apache helicopters to the Republic of Korea. Boeing and Lockheed Martin (NYSE: LMT) will serve as the principal contractors for the proposed foreign military sale, which also includes engines, fire control radars, missiles, missile warning systems, logistics and eng...
Former Deputy Secretary of Defense Robert Work approached Michael Stewart, director of the U.S. Navy’s Disruptive Capabilities Office, and asked if, given all of the rhetoric around artificial intelligence and unmanned systems, the service branch is actually making real use of the technologies and “doing something with it.” Until a f...
As the Department of Defense continues to take on emerging global threats, collaboration among the military and industry partners is becoming increasingly critical. During a fireside chat at Leidos’ seventh annual Supplier Innovation & Technology Symposium on Tuesday, Leidos CEO and 2024 Wash100 Awardee Tom Bell and retired Gen. James Ma...
Parsons (NYSE: PSN) posted a record revenue of $1.7 billion during the second quarter of 2024, reflecting a year-over-year growth of 23 percent, and ended the quarter with a total backlog of $8.8 billion with a book-to-bill ratio of 0.9x on net bookings of $1.5 billion. The Centreville, Virginia-based defense and infrastructure engineering company s...
