NV5 Global (Nasdaq: NVEE) has agreed to acquire the commercial geospatial technology and software business of L3Harris Technologies (NYSE: LHX). The all-cash transaction for L3Harris’ Visual Information Solutions business is expected to close in the first half of 2023, pending regulatory approvals, NV5 said Thursday. Established in 1977, VIS has a...
A Raytheon Technologies (NYSE: RTX) subsidiary has received a $317.4 million contract modification from the U.S. Navy for AIM-9X Block II air-to-air missile production Lot 23 in support of the Air Force, Army and foreign military sales customers. The award provides for 290 AIM-9X Block II and 181 Block II+ missiles, captive air training systems,...
Raytheon Technologies (NYSE: RTX) will continue to provide sustainment support to the Taiwan Surveillance Radar Program under a $412.6 million contract from the U.S. Air Force, the Department of Defense said Wednesday. The sole-source award is for a foreign military sale of follow-on sustainment services and comes more than three months after the St...
In recent years, the Department of Defense has placed high priority on programs and initiatives designed to increase the speed, connectivity and information advantage of our country’s warfighting capabilities. As the peer and near-peer competition heats up, U.S. military leaders are identifying technologies and capability areas that require improv...
Dan Rice, vice president of 5G.MIL Programs at Lockheed Martin, was featured in a recent Executive Spotlight interview with ExecutiveBiz published Monday. He talked about the company’s 5G.MIL initiative and how it is intended to provide resilient and secure “network-of-networks” connectivity to support U.S. military and allies. The Q&A...
L3Harris Technologies (NYSE: LHX) has received all regulatory clearances needed to advance its acquisition of Link 16, the tactical data link product line of Viasat (Nasdaq: VSAT). L3Harris agreed to buy Viasat’s TDL portfolio for about $1.96 billion in October and now expects the transaction to close by Jan. 3. The Melbourne, Florida-based defens...
The U.S. Army has awarded spots on a $906.57 million order-dependent contract to 30 companies that will compete for tasks to assist government organizations responsible for chemical, biological, radiological, nuclear and explosive threat protection. Work is expected to run through Jan. 2, 2031, with contract locations and fund depending on each orde...
Dave Walsh, formerly a director at Raytheon Technologies‘ (NYSE: RTX) Collins Aerospace subsidiary, has joined defense technology provider Parry Labs as vice president of engineering. He will be responsible for managing engineering, research and product development efforts in his new role, Parry Labs said Monday. In his most recent capac...
Jason Aiken, chief financial officer of General Dynamics (NYSE: GD), has been appointed to serve in the additional role of executive vice president of the company’s technologies segment. His leadership duties will expand at the start of 2023 and he will succeed Chris Marzilli, who has led the segment since 2019 and will retire after...
Carey Smith, chair, president and CEO of Parsons (NYSE: PSN), and Zachary Parker, president, CEO and board chair at DLH (Nasdaq: DLHC), will continue to serve for another year as chair and vice chair, respectively, of the Professional Services Council’s board of directors. John Heller, president and CEO of Amentum, will serve a one-year term...
