Lockheed Martin (NYSE: LMT), L3Harris Technologies (NYSE: LHX) and Northrop Grumman (NYSE: NOC) will continue the development of air-to-ground weapon system offerings for a U.S. Air Force program under separate contracts worth nearly $54 million combined. USAF awarded $18 million each to Lockheed and Northrop and another $17.7 million to L3Harris fo...
Edward Rice, Jr., a retired U.S. Air Force general who was a commander of its Air Education and Training Command, has joined the board of directors of L3Harris Technologies (NYSE: LHX). The company said Friday it looks to leverage Rice’s extensive military and national security background in developing products to address existing and future t...
NV5 Global (Nasdaq: NVEE) has acquired location data analytics and mapping services provider Axim Geospatial for an undisclosed sum. Wisconsin-headquartered Axim has 340 employees across the globe and works with clients in the fields of enterprise GIS, survey and mapping and data analysis, NV5 said Thursday. The acquired company maintains over 200 g...
Andrew Bream, a two-decade information technology professional in the defense and aerospace industries, has joined SOS International as vice president for information technology. His new role involves continuously improving SOSi’s enterprise IT security and systems while leading the development of innovations used in the digital transformation...
Stephen O’Bryan, a senior aerospace and defense industry executive, will assume the role of corporate vice president and global business development officer at Northrop Grumman (NYSE: NOC) on Feb. 6. He has been elected by Northrop’s board of directors to succeed David Perry, who is set to retire by the end of March after a...
L3Harris Technologies (NYSE: LHX) recorded $4.6 billion in revenue for the fourth quarter of 2022, up 5 percent from the prior-year period and 6 percent on an organic basis, and attributed the growth to the company’s communications systems and space and airborne systems segments. The Melbourne, Florida-based defense contractor said Thursday its fu...
Mark Kenny, formerly a vice president at L3Harris Technologies (NYSE: LHX), has been appointed senior VP of strategy and business development at Ultra Electronics‘ maritime division. The retired U.S. Navy admiral will report to Carlo Zaffanella, president and CEO of Ultra Maritime, and will work in the Washington, D.C. area to oversee Ultra Ma...
The Department of Commerce has cleared a joint NASA-National Oceanic and Atmospheric Administration program to acquire spacecraft that will follow the Geostationary Operational Environmental Satellite R Series. The agencies can now start the contracting process to build a Geostationary Extended Observations system and associated instruments, NOAA...
Kirk Riggs, a U.S. Air Force veteran and a former executive at L3Harris Technologies (NYSE: LHX), has been appointed vice president of strategy and business development operations within the intelligence group at Leidos (NYSE: LDOS), according to a LinkedIn post published Monday. While at L3Harris, Riggs oversaw similar functions under the company&#...
L3Harris Technologies‘ (NYSE: LHX) board of directors has approved a plan to repurchase another $3.0 billion of its common stock. The Melbourne, Florida-based defense technology supplier said Friday the additional stock re-acquisition will bring total buyback authorization for L3Harris to approximately $4.5 billion. Stockholders of record as o...
