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An affiliate of private equity firm TJC has agreed to acquire the commercial aviation solutions business of L3Harris Technologies (NYSE: LHX) for approximately $800 million. L3Harris said Monday it expects the transaction to conclude in the first half of 2024, subject to regulatory approvals and other customary closing conditions. “Today’s annou...
Murali Krishnan, most recently sector vice president of strategic growth at Northrop Grumman’s (NYSE: NOC) mission systems business, has been promoted to sector VP and general manager of the payload and ground systems division within the Falls Church, Virginia-based aerospace and defense contractor’s space systems business, GovCon Wire has l...
Laura Wilde, an industry executive focused on advancing quality management across international organizations, has joined the maritime business unit of U.K.-based defense and security company Ultra Electronics as vice president of quality. She will be based in the U.S. and will report to Carlo Zaffanella, president and CEO of Ultra Maritime, as she ...
Tessa Baerlocher, most recently deputy general manager of the space superiority business group at LinQuest, has assumed the role of vice president and business lead of the space systems technology developer’s TMC Design subsidiary. In this capacity, she will oversee growth initiatives within TMC and advance modernization in the areas of digita...
L3Harris Technologies (NYSE: LHX) has received orders worth more than $247 million to produce and deliver AN/PRC-158 and AN/PRC-163 Manpack and Leader radios to the U.S. Army. The orders will be used by the Army Integrated Tactical Network and funded under the branch’s Handheld, Manpack and Small Form Fit program, the company said Wednesday. M...
Quinlan Lyte, a nearly two-decade aerospace industry veteran, has joined L3Harris Technologies (NYSE: LHX) as vice president and general manager of space and sensors. He announced his new position Monday on LinkedIn and came to L3Harris after more than four years of work managing Collins Aerospace’s propeller systems business. Previously, Lyte...
Praveen Kurian, former senior director and general manager of the space superiority division at L3Harris Technologies (NYSE: LHX), has joined Science Applications International Corp. (NYSE: SAIC) as vice president of defense space, according to his LinkedIn post. He has over 15 years of experience in the defense contracting industry, mostly serving ...
Defense electronics supplier TSS Solutions has appointed Chris Fronk, former finance director at L3Harris Technologies (NYSE: LHX), as chief financial and administrative officer. He will be responsible for driving growth in TSS’ radar depot business and developing strategies to stimulate profitability in new product segments, such as frequency...
A new McAleese & Associates report shows that defense prime contractors posted a 7 percent to 9 percent rise in sales during the second quarter of 2022 and record-high backlogs as the Department of Defense accelerates contract awards. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, presented an analysis of the...
The State Department has approved Australia’s request to procure up to 22 M142 High Mobility Artillery Rocket System launchers and related equipment from the U.S. government under a potential $975 million foreign military sale agreement. The proposed FMS transaction includes unitary and alternative warhead missile pods for the Guided Multiple ...
