Dallas-based telecommunication company COMSovereign Holding (Nasdaq: COMS) has agreed to acquire signal processing technology developer Innovation Digital through an $8 million transaction both parties expect to close within a 10-day period. COMSovereign said Wednesday the deal would add signal processing tools and intellectual property to the vendo...
Executive Mosaic is pleased to introduce Gwynne Shotwell, president and chief operating officer of SpaceX, as a recipient of the 2021 Wash100 Award for the fourth time in the eight-year history of the Wash100 Award, the industry standard for excellence in the government contracting (GovCon) sector. This marks Shotwell’s fourth Wash100 win in the l...
The U.S. Air Force has named Boeing (NYSE: BA), L3Harris Technologies (NYSE: LHX), Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and Raytheon Technologies (NYSE: RTX) to its list of sources that could support the service’s plan to rapidly prototype a stand-in attack weapon within 60 months. SiAW is an air-to-ground weapon system that c...
The U.S. Navy has awarded 11 companies positions on a potential six-year, $778.9 million contract to provide engineering and technical services in support of the modernization of the service’s hull, mechanical and electrical systems. The Naval Surface Warfare Center Philadelphia Division received 11 offers for the multiple-award, indefinite-delive...
Roger Krone, chairman and CEO of Leidos (NYSE: LDOS) and 2021 Wash100 awardee, said the company wants to continue pursuing mergers and acquisitions amid the consolidation and competition for big information technology contracts within the federal market, the Washington Business Journal reported Friday. “For us, now is not a time to become risk-adv...
Northrop Grumman (NYSE: NOC) will aim to demonstrate a space-based sensor technology for defending against hypersonic weapons and other sophisticated missile threats under a $155 million prototype award from the Missile Defense Agency. The company will perform on-orbit demonstration, launch and initial orbit testing work under Phase IIa of MDA’...
A state-by-state analysis of Department of Defense spending showed Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) took the first three spots on a list of top 10 contract awardees during fiscal year 2019. Lockheed received $45.6B in FY 2019 contracts, while Boeing and Northrop secured $25.7B and $19.5B in contracts,...
The State Department has cleared Kazakhstan's request to buy King Air B300ER Scorpion multimission aircraft along with related intelligence, surveillance and reconnaissance equipment from the U.S. government through a potential $128.1M foreign military sales transaction....
The Space Development Agency has asked companies that competed for contracts to build missile-tracking satellites for the proposed national defense space architecture to resubmit bids for reevaluation, SpaceNews reported Tuesday....
Kathy Warden – chairman, CEO and president of Northrop Grumman (NYSE: NOC) and a 2020 Wash100 winner -- has been appointed to succeed Kelly Ortberg as chairman of the Aerospace Industries Association's board of governors. AIA named Mike Petters, president and CEO of Huntington Ingalls Industries (NYSE: HII) and a previous Wash100 awardee, as...
