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Brian Fitzpatrick, chief growth officer of LMI, has been selected by the board of directors to replace David Zolet as the company’s CEO on an acting basis. Zolet, who also serves as LMI president and a 2020 Wash100 award winner, will step down from his current roles to pursue a new career opportunity, while the board will begin its search for his...
The Defense Innovation Unit and the U.S. Navy have selected L3Harris Technologies (NYSE:LHX) to build and test an underwater drone for the service branch. L3Harris said Wednesday it will provide the Iver4-900 unmanned undersea vehicle as part of an other transaction agreement to support the Navy's Next Generation Small-Class Maritime Expeditio...