Biggs Porter, executive vice president and chief financial officer of Maxar Technologies (NYSE: MAXR), will retire in 2023 and hold a consulting role after his retirement until March 2024 to help with the transition. Maxar said Thursday it has begun its search for Porter’s successor in the CFO role. Dan Jablonsky, president and CEO of...
Allen Couture, a 10-year veteran of Raytheon Technologies (NYSE: RTX), will formally join Mercury Systems (Nasdaq: MRCY) on Oct. 3 to serve as senior vice president of execution excellence. He will be responsible for overseeing engineering, supply chain and program management functions in his new position, Mercury Systems said Thursday. Couture most...
The U.S. Army has asked industry to submit white papers to meet its requirement for a prototype high-energy laser weapon system for defending soldiers, facilities and other assets from threats posed by small unmanned aircraft systems. The service plans to award one or more other transaction agreements for prototyping work in support of the Army...
Lisa Costa, chief technology and innovation officer for the U.S. Space Force, was presented her 2022 Wash100 Award by Executive Mosaic CEO Jim Garrettson during a recent visit to its office in the Pentagon. Executive Mosaic is thrilled to recognize Lisa Costa with her first Wash100 Award, the highest honor in all of government contracting (GovCon)...
A Raytheon Technologies (NYSE: RTX) business unit has secured a 10-year, $375 million contract to modernize a satellite-based air navigation system for the Federal Aviation Administration. Raytheon Intelligence & Space will refresh the technical features of and add a dual frequency operation service to the Wide-Area Augmentation System under the...
ManTech International announced on Wednesday that the company’s sale to global investment firm Carlyle has been completed. The all-cash acquisition represents a total enterprise value of roughly $4.2 billion. Robert W. Baird & Co. acted as the financial advisor for Carlyle in the transaction. ManTech Chairman, President and CEO Kevin Phi...
A Raytheon Technologies (NYSE: RTN) and Lockheed Martin (NYSE: LMT) joint venture will manufacture man-portable, anti-tank guided munitions for the U.S. Army as part of a $311.2 million contract modification. The full-rate Javelin production award includes foreign military sales to Jordan and Lithuania, the Department of Defense said Tuesday. Contra...
The government arm of global satellite operator SES’ has expanded its leadership team with the appointment of GovCon industry veterans Scott Galus, Nitin Bhat and Luz Martinez to senior vice president roles to oversee operations, engineering and finance. The leadership appointments come as SES Government Solutions pursues growth in the field of mu...
Raytheon Technologies (NYSE: RTX) and L3Harris Technologies (NYSE: LHX) will develop prototype sensors for the U.S. Army’s next-generation aerial intelligence, surveillance and reconnaissance program under the second phase of an other transaction agreement, Breaking Defense reported Tuesday. The companies will further improve the designs of their ...
Sigma Defense Systems has participated in a $25 million investment round for Raleigh, North Carolina-based Diveplane to help that startup further develop trainable artificial intelligence platforms. The series A funding activity also saw participation from Shield Capital, Calibrate Ventures and L3Harris Technologies (NYSE: LHX), Sigma Defense said M...
