Raytheon Technologies (NYSE: RTX) posted sales of $15.3 billion and earnings per share of $0.90 for the first quarter of its 2021 fiscal year. The Waltham, Massachusetts-based defense and aerospace contractor said Tuesday its defense segment backlog at the end of FY 2021 Q1 was $65.2 billion. Major bookings for the quarter include $1.4 billion...
GovCon Expert Chuck Brooks, a highly esteemed leader to the cybersecurity and government contracting (GovCon) sectors as well as an influential member of Executive Mosaic’s GovCon Expert program, has released his latest article with the program. Previously, Brooks discussed the details in understanding cybersecurity in our sector, its massive capa...
Jenn Azzolina of Cloudera (NYSE: CLDR) and Michael Daly of Raytheon Technologies (NYSE: RTX) said the two companies have teamed up to develop a technology platform to help government agencies glean insights from large volumes of data while ensuring data security using plug-and-play analytics and zero trust approach. Azzolina and Daly wrote th...
The Department of Defense has issued a request for prototype proposals for the Operational Spectrum Comprehension, Analytics and Response project under a potential five-year, $2.5 billion other transaction agreement with the National Spectrum Consortium. The OSCAR requirement seeks to develop a software application with automated workflows, sensor n...
Ball Aerospace has won a five-year, $91 million contract to help the U.S. Air Force develop protected mission systems using an open systems approach and modern computing technology. The company will perform cybersecurity, open-system architecture, high-speed networks, modeling and simulation, precision timing and heterogeneous processing work under ...
Spire Global, a space-based data and analytics provider, will receive a convertible term loan worth $70 million from global investment firm Francisco Partners as part of a growth financing deal. Spire CEO Peter Platzer said in a statement published Friday the financing will help the San Francisco-based company accelerate the deployment of intersatel...
The State Department has approved Australia’s request to buy General Atomics-built MQ-9B remotely piloted aircraft, related equipment and services under a $1.651 billion foreign military sales agreement. The transaction includes the purchase of up to 12 units of MQ-9B, Multispectral Targeting systems-D EO/IR sensors, Lynx AN/APY-8 synthetic apertu...
Raytheon Technologies (NYSE: RTX) has received a $243.2 million contract modification from the Missile Defense Agency for the delivery of one AN/TPY-2 radar designed for detecting ballistic missiles and guiding the Terminal High Altitude Area Defense system to help it shoot down the threat. The award raised the contract’s total cumulative face...
The Six Pillars of a Zero Trust Security Model for 2021 By Antonio Redding, Cybersecurity...
Russell Smith, former vice president of cyber practice at Science Applications International Corp. (NYSE: SAIC), has joined ManTech International (Nasdaq: MANT) to serve as its cybersecurity program director. Smith made the announcement through a LinkedIn post published Monday. He spent nearly two and a half years at SAIC. As VP, the cybersecurity a...
