The Department of Defense is working to adopt commercial technologies at a faster rate than ever before as the United States’ peer and near-peer competitors increase their own technological capabilities. This approach, known as a “fast follower” strategy, was outlined in the 2022 National Defense Strategy, which called for the DOD t...
The U.S. government’s technology pipeline can be bound up in years of regulations, requirements and confirmation. In the military specifically, the process of developing, prototyping, testing and delivering a tool to the warfighter can take years. It has left defense components scrambling for new sources of innovation, striving to speed the proces...
Donna Bennett, enterprise chief information security officer of the State Department, said that safeguarding information is the organization’s “top priority” and it has undertaken a “monumental effort” to fortify its cyber defenses and consolidate its array of networks to keep pace with the increasingly digital threat environment. Ben...
Collins Aerospace, a unit of Raytheon Technologies (NYSE: RTX), has booked a potential $140 million indefinite-delivery/indefinite-quantity contract from the U.S. Air Force to perform repairs on the propeller system of C-130 military transport planes. The sole-source award includes $116.8 million in options and a firm-fixed-price pricing provision, ...
Leonardo’s U.S. defense subsidiary reported revenues of $820 million during the fourth quarter and $2.7 billion for the full fiscal year of 2022. Leonardo DRS (Nasdaq: DRS) said Tuesday its Q4 FY22 bookings reached $852 million and full-year awards hit $3.2 billion driven by the rise in demand for its platforms across four key technology...
Andrew Ivers, a veteran defense and communications electronics industry leader, will assume the role of CEO of Communications & Power Industries and its parent company, CPI International, by the end of May. He will succeed Bob Fickett, who will transition to the position of executive chairman of CPI’s board of directors and serve as a...
Raytheon Technologies (NYSE: RTX) will continue to manufacture AN/SPY-6(V) radar systems for the U.S. Navy under a $619 million contract option. The award will enable the service branch to install the air and missile defense radar technology on initial Arleigh Burke-class Flight IIA destroyer ships, the company said Wednesday. SPY-6 is designed to h...
Jamie Landers, former director of business development for advanced programs at Lockheed Martin (NYSE: LMT), has joined Maxar Technologies (NYSE: MAXR) as vice president of business development. She announced her new role at the satellite imagery provider in a LinkedIn post Tuesday. Landers led BD functions for Lockheed’s Advanced Program Deve...
Raytheon Technologies (NYSE: RTX) and Lockheed Martin (NYSE: LMT) received separate contracts worth $116 million combined to design carrier-based, air-launched hypersonic missile systems for the U.S. Navy. Both companies have been tasked with conducting technical maturation and development efforts under the Hypersonic Air Launched Offensive An...
Raytheon Technologies (NYSE: RTX) has won a potential $1.2 billion contract from the U.S. Army for Patriot Missile System fire units. Army Contracting Command received two offers for the firm-fixed-price contract and obligated the whole contract amount using foreign military sales funds for fiscal year 2023, the Department of Defense said Tuesday. W...
