- Executive Moves
David Farnsworth, who held finance leadership positions at the former Raytheon company, has joined data analytics satellite operator HawkEye 360 as chief financial officer....
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David Farnsworth, who held finance leadership positions at the former Raytheon company, has joined data analytics satellite operator HawkEye 360 as chief financial officer....
Leidos Completes $1B Purchase of L3Harris’ Security Detection, Automation Businesses; Roger Krone Quoted Leidos has finalized its acquisition of L3Harris Technologies’ security detection and automation businesses for approximately $1 billion in cash, Leidos said Monday. The company also announced that Jim Moos, president of Leidos’ civil gr...
Raytheon Technologies (NYSE: RTX) has secured a potential five-year, $237.8M contract to address production requirements for a multiface antenna assembly in support of the U.S. Navy's Cooperative Engagement Capability initiative....
Raytheon Technologies (NYSE: RTX) has landed a potential five-year, $325M contract to repair a forward-looking infrared targeting pod used on the U.S. Navy's F/A-18 Hornet jets....
Leidos (NYSE: LDOS) has finalized its acquisition of security detection and automation businesses of L3Harris Technologies (NYSE: LHX) for approximately $1B in cash. Jim Moos, president of Leidos’ civil group, will oversee the acquired businesses, which operate with over 1,200 employees combined and provide automated tray return systems, airpo...
BAE Systems Inc., the British contractor's U.S. subsidiary, has wrapped up its $275M acquisition of a Raytheon Technologies (NYSE: RTX) unit that produces airborne tactical radio systems for defense customers and aircraft manufacturers....
Northrop Grumman (NYSE: NOC) and a Raytheon Technologies (NYSE: RTX) business have teamed up to compete for the Missile Defense Agency’s Next-Generation Interceptor program. “We have the right team, technology and expertise in place to meet our customer’s needs for enhanced capabilities, from the identification of a ballistic missile launched...
Jay Boisseau, AI and HPC technology strategist at Dell Technologies (NYSE: DELL), has said collection of more digital data, emergence of new processors and graphics processing units and development of better algorithms are the three elements that could help federal agencies create a “perfect storm” to push the adoption of artificial intelligence...
U.S. Special Operations Command has awarded 46 companies spots on a potential $950M contract for core services in support of USSOCOM’s domestic and international enterprise requirements. The Department of Defense said Friday the indefinite-delivery/indefinite-quantity contract includes knowledge-based services and subject matter expertise in suppo...
The National Institutes of Health has launched a new initiative to accelerate the development and commercialization of testing technologies for the new coronavirus. The Rapid Acceleration of Diagnostics program will use $1.5B in federal stimulus funds to invest in efforts that work on new COVID-19 testing technologies, NIH said Thursday....