Boeing (NYSE: BA) has received a potential $3.4 billion contract from the U.S. Navy to produce 17 P-8A Poseidon aircraft for Canada and Germany. The company said Thursday it will manufacture 14 Poseidon planes for Canada’s air force and three units for the German navy. “The Poseidon is a proven aircraft, with more than 600,000...
Erin Kocourek, an aerospace and defense industry executive, has been appointed vice president of business development for the national security and innovative systems sector at CACI International. She announced her move to CACI in a LinkedIn post published Monday. Kocourek brings to the role her enterprise leadership experience, P&L expertise, k...
The LGM-35A Sentinel, formerly known as Ground-Based Strategic Deterrent (GBSD), is an intercontinental ballistic missile representing the ground-based leg of the United States nuclear triad. Currently under development, it aims to enhance the nuclear deterrent capabilities of all U.S. military operations and programs worldwide. Read this art...
Mick Jaggers, a 13-year Northrop Grumman (NYSE: NOC) veteran, has been appointed chief operating officer at Epirus, a Torrance, California-based directed energy system manufacturer. Jaggers announced his new post Tuesday on LinkedIn and he assumed the role after serving as the company’s senior vice president and general manager for defense. Be...
Ted Colbert, president and CEO of Boeing’s (NYSE: BA) defense, space and security business, has been elected to serve as chair of the Aerospace Industries Association’s board of governors for 2024. Colbert, who also serves as an executive vice president at Boeing, succeeds Tom Gentile as chairman and will serve on the association’s exe...
The State Department has approved a potential $2.53 billion foreign military sale of M1A2 Abrams main battle tanks and related equipment to the government of Romania. The potential FMS deal includes 54 M1A2 System Enhancement Program version 3 vehicles, 54 M1A1 structures, four M88A2 Hercules combat recovery vehicles, four M1110 joint assault bridge...
According to Young Bang, principal deputy assistant secretary of the U.S. Army for acquisition, logistics and technology, the service branch is engaging in multiple efforts to join forces with small businesses, which offer a number of new warfighting capabilities. One of these programs is Project Vista, which he noted during a panel discussion at ...
Saab has acquired Silicon Valley, California-headquartered artificial intelligence company CrowdAI in a move to expand its portfolio with AI and machine learning capabilities. Devaki Raj Under the deal, future operations of the acquired company will primarily occur in San Diego, California, and Devaki Raj, CEO and co-founder of CrowdAI, will join Sa...
Frontgrade Technologies, a portfolio company of Veritas Capital, has acquired radio frequency amplifier technology provider Aethercomm in a deal aimed at complementing Frontgrade’s aerospace and defense electronics portfolio. The acquired entity will operate as Frontgrade Aethercomm and be led by Todd Thornton as general manager, the parent co...
The federal government allocates substantial financial services amounting to millions and even billions of dollars to procure a diverse range of services encompassing defense, weaponry, healthcare, cybersecurity, space missions, and more. Federal agencies enter into contracts with private companies that offer these specialized services to accomplish...
