Rocky Thurston, chief operating officer of Digital Management Inc. since January 2022, has succeeded Sunny Bajaj as CEO at the Bethesda, Maryland-based company. Bajaj, DMI’s founder and chief executive for the past 21 years, will continue to serve on the board of directors, the technology services provider said Tuesday. In his prior role, Thur...
The Missile Defense Agency intends to award a potential 10-year, $4.1 billion follow-on contract to Lockheed Martin (NYSE: LMT) to extend work on the Command and Control, Battle Management and Communications System. According to a SAM.gov notice for C2BMC Next, Lockheed’s rotary mission systems business is currently the only contractor with in...
Wes Postol, a 22-year U.S. Army veteran, has been named senior vice president of business development at information technology company Electrosoft. The retired Army chief warrant officer will oversee the company’s overall BD strategy to advance its cybersecurity offerings in the defense and civilian markets, Electrosoft said Monday. “We...
Lockheed Martin’s (NYSE: LMT) space business has received a potential $474.2 million contract modification to manufacture submarine-launched fleet ballistic missiles for the U.S. Navy. The award exercised options under an existing contract for the production of Trident II D5 missiles and delivery of related deployed systems services and supports a...
Jon Rucker, formerly a senior vice president at Science Applications International Corp. (NYSE: SAIC), has been appointed president and CEO of Ultra‘s intelligence and communications business unit. He will take over from Dan Verwiel, who has served as acting CEO of Ultra Intelligence & Communications since September and will return t...
Kevin Sullivan, former corporate comptroller of Valiant Integrated Services, has been promoted to senior vice president and chief financial officer at the Herndon, Virginia-based government contractor. He replaces Mike Devoto, who has served as Valiant’s CFO on an acting basis and will transition to the position of executive VP for strategic p...
Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA) and Raytheon Technologies (NYSE: RTX) received the most money through Department of Defense contracts during the government’s 2021 fiscal year, according to data from the Pentagon’s Office of Local Defense Community Cooperation. The “Fiscal Year 2021 Defense Spending by State” report...
Robert Lightfoot, executive vice president of Lockheed Martin Space, accepted his 2022 Wash100 Award, the most significant award of consequence in all of government contracting (GovCon), last Wednesday for his leadership and drive for innovation in space technology, including the advancement of space exploration and expanding Lockheed...
TYSONS CORNER, VA, Aug. 4, 2022 — Robert Lightfoot, executive vice president of Lockheed Martin’s (NYSE: LMT) space business, has reiterated the importance of the company’s collaboration with technology companies on the continued development of defense capabilities, ExecutiveBiz reported. “By partnering with and investing in the best of ...
The State Department has cleared a potential $397 million purchase request from the government of Kuwait for missiles, bombs, tail kits and other equipment in support of its Eurofighter Typhoon aircraft fleet. The potential foreign military sales transaction will include 60 AIM-120 C-7/8 Advanced Medium Range Air-to-Air Missiles, several hundred MK-...
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