Tom Gentile, president and CEO of Spirit AeroSystems, and Ted Colbert, president and CEO of Boeing’s (NYSE: BA) defense, space and security business, have been elected to serve as chairman and vice chairman, respectively, of the Aerospace Industries Association’s board of governors for 2023. Eric Fanning, a previous Wash100 awardee, will continu...
General Dynamics’ (NYSE: GD) Bath Iron Works subsidiary has received a potential $181.9 million contract modification to continue providing planning yard services for the U.S. Navy’s Arleigh Burke-class guided-missile destroyers. The modification marks the final option period on a previously awarded contract and covers the delivery of long lead-...
The board of directors at Battelle has appointed Kirkland “Kirk” Donald, a 37-year U.S. Navy veteran, to succeed John Welch as chairman. Welch, who has held the chairman role since 2012, will retire from the nonprofit applied science and technology development company after 21 years of service, Battelle said Tuesday. Donald has served as...
Kathleen Hicks, deputy secretary of the Department of Defense, met with members of the Defense Business Board and informed them about the initiatives to strengthen the defense industrial base’s resiliency, according to a DOD meeting readout released Thursday. During DBB’s first quarterly meeting for fiscal year 2023, the two-time Wash100...
Kathleen Hicks, deputy secretary of the Department of Defense and a 2022 Wash100 Award recipient, spoke with leaders of eight large primes to discuss strategic priorities for the Pentagon and business challenges facing the industry. DOD said Tuesday executives at BAE Systems, Boeing (NYSE: BA), General Dynamics (NYSE: GD), HII (NYSE: HII), L3Harris ...
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...
Continental Maritime of San Diego has secured a potential $204.5 million contract to help the U.S. Navy update, repair and maintain a pair of Arleigh Burke-class guided-missile destroyers. The shipyard operator will conduct depot modernization efforts associated with USS Chafee for fiscal year 2023 and USS Momsen for FY 2024 under the firm-fixed-pri...
A new McAleese & Associates report shows major defense prime contractors posted sector operating margins of approximately 11 percent in the second quarter of 2022, reflecting limited impact from the current 8.5 percent inflation. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, presented an analysis of the Q2 2...
Peter Bruno, former senior manager of the intelligence, surveillance and reconnaissance group at HII (NYSE: HII), has joined Concurrent Technologies Corp. as senior director of business development, CTC said Thursday in a LinkedIn post. Prior to his one-year HII tenure, Bruno served as practice lead for engineering and logistics at Solutions Through...
Raytheon Wins $1.7B Navy Ship Engineering Contract; Henry Choi Named HII Mission Technologies Division VP for Business Development; 27 Inaugural Members to Serve on National AI Advisory Committee; Q&A With CACI EVP Steve Tolbert. Click to Unmute...
