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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...

Shea Ferring was elevated to the role of chief technology officer at Firefly Aerospace, where he recently served as senior vice president of engineering responsible for leading its four key launch vehicle product activities. In a LinkedIn post Wednesday, the AE Industrial Partners portfolio company highlighted Ferring’s contribution to the Fir...

Michael Parker, vice president of business development at Salesforce (NYSE: CRM), said government leaders looking to address the talent gap and meet missions should invest in technologies. “With the right investment in technology and talent, leaders can manage through the current challenges and achieve a posture where positive change is a constant...

The Department of the Navy has recognized the need for modernization and is working tirelessly to ensure that its forces are properly equipped for today’s constantly evolving battlespace. Informed by both Department of Defense-wide and internal strategies, the DON is taking major steps toward a future-ready fleet. For Rear Adm. Fred...

Tony Calderon, formerly a chief financial officer within Raytheon Intelligence & Space, has been appointed vice president of finance for the integrated mission systems unit at L3Harris Technologies (NYSE: LHX). He announced his new position in a LinkedIn post published Sunday and will oversee the financial performance of an organization that off...

Forty-six companies have won spots on a follow-on $1 billion U.S. Air Force contract vehicle to develop testing and evaluation platforms for weapons systems. Contractors will compete for delivery orders to provide highly specialized technologies that could support the branch’s developmental and operational test requirements under the Test &...

In an age of rapidly intensifying global competition, the U.S. Department of the Navy (DON) is investing heavily in numerous initiatives guided by Navy Secretary Carlos Del Toro’s three enduring priorities: strengthening maritime dominance, empowering the DON’s people and strengthening partnerships. Since the release of these priorities in ...

NavalX, the innovation cell serving the Department of the Navy, is emerging from a five-year “culture campaign” during which top leaders took a hard look at how to foster an environment for rapid, meaningful innovation to support the nation’s sailors and Marines. Now, it’s moving into a new era: NavalX 2.0. “In 2018, Secretary Geurts...

Lockheed Martin (NYSE: LMT) has issued a statement saying it will continue to work with the U.S. government on the Adaptive Engine Transition Program and other capability upgrades for the F-35 fighter aircraft. “AETP technologies deliver more power and greater cooling capability, which is required as we modernize the F-35 beyond Block 4,” Lockhe...