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Sierra Nevada Corp. has purchased a portfolio of infrastructure-independent, vertical takeoff and landing aerial drones from Volansi in a strategy to build up SNC’s position in the market for unmanned aerial vehicles. The deal covers Volansi’s Voly-50 and Voly-T offerings, a factory in Bend, Oregon, and key personnel, SNC said Monday. SN...

A Raytheon Technologies (NYSE: RTX) subsidiary has secured a $207 million contract to equip two U.S. Army units with counter-unmanned aerial system radar and effectors. Raytheon Missiles & Defense will provide Ku-band Radio Frequency Sensors and Coyote effectors and additional assets supporting operational deployments and flight tests, the compa...

Maria Ricciardone Lee, a corporate finance executive with two decades of industry experience, has been appointed to succeed Greg Gardner as vice president of investor relations at Lockheed Martin (NYSE: LMT). She will assume the position on Oct. 17 while Gardner will stay at Lockheed until he retires on Dec. 31 after a 37-year career,...

Kuwait seeks to procure a medium-range air defense system from the U.S. government through a potential $3 billion foreign military sales transaction cleared by the State Department. Raytheon Technologies (NYSE: RTX), which produces the National Advanced Surface-To-Air Missile System in partnership with Norwegian company Kongsberg, will be the main c...

Cybersecurity has become the latest frontier in national security with the expansion and proliferation of the digital environment in recent decades. Today, cyber is also an emerging and important component of warfighting, and the U.S. government has placed a high priority on better protecting our critical information, data and cyber assets as the th...

Swami Swaminathan has been promoted to the chief executive officer role at Reli Group, where he formerly served as a chief information officer for more than five years. Swaminathan, who has also served as acting CEO since July, will be responsible for overseeing Reli’s delivery and operational areas in his full-time position, the health infor...

ColdQuanta has appointed Laura Hale, a space technology market veteran, as vice president of government programs and made three other appointments to its leadership team. Hale brings an extensive background in multidomain program and product management and systems engineering to her new position, the quantum technology company said Monday. Chris Woo...

The Defense Information Systems Agency has awarded Iron Bow Technologies a potential five-year, $743 million contract to provide software support services to the Department of Defense’s Fourth Estate agencies. The 4th Estate Cisco Software Enterprise Agreement has three support areas and the first one is the Global Enterprise Modernization Softwar...