Lockheed to Produce Additional HIMARS Launchers Under $1.9B Army Deal; Jennifer Kauffman Named CyberCore CEO; TransDigm Closes $1.4B Cash Buy of CPI’s Electron Device Business; Executive Spotlight With Axellio CEO Scott Aken Click to Unmute ...
The State Department has approved two foreign military sale agreements worth $1.95 billion combined to provide UH-60M Black Hawk helicopters and related equipment to the governments of Austria and Sweden. Austria asked to procure 12 UH-60M aircraft, manufactured by Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary, and their associated compone...
The State Department has approved a potential $950 million foreign military sale of UH-60M Black Hawk helicopters and related components to the Brazilian government. Lockheed Martin (NYSE: LMT) will serve as the lead contractor on the proposed FMS deal, which includes 12 UH-60M Black Hawk helicopters, associated equipment, logistics and program supp...
Conducting and facilitating cyber operations is one line of effort set forth in the Department of the Navy’s first-ever Cyber Strategy, which was released in November 2023. A key part of this broad objective is “mixing and matching the correct combination of non-kinetic effects,” one of which is electronic warfare, or EW. Join us at the...
A report by financial services company Raymond James (NYSE: RJF) shows that there were 76 mergers and acquisitions in the defense and space industry during the first quarter of 2024, a 55 percent increase from the same period the previous year and a 31 percent rise from the previous quarter. Defense and Space M&A Activity...
Maxar Technologies’ intelligence business has named Lisa Henke, a veteran technology executive, as chief of technology and innovation for the U.S. government. Henke announced her promotion at Maxar Intelligence in a LinkedIn post published Thursday. She most recently served as USG account executive for Army and Space Force programs, according to h...
The National Defense Authorization Act for Fiscal Year 2024 was signed into law at the end of 2023. Among its various mandates were that the Department of Defense cultivate private 5G networks at its service branch bases and outposts. These bases total around 800 globally, representing a clear opportunity for telecommunications providers to offer th...
Jeremy Wensinger to Succeed Chuck Prow as V2X President & CEO; Lockheed Receives $553M in Army MRLS Supply Contract Modifications; Pentagon Releases Regional Sustainment Framework; Executive Spotlight With SAIC’s Hilary Hageman Click to Unmute ...
Mark Santamaria, formerly senior vice president and chief financial officer at CAES, has assumed the CFO role at Austal‘s shipbuilding arm in the U.S. He has three decades of experience in finance and executive leadership, including more than 20 years at Lockheed Martin (NYSE: LMT), where he was divisional CFO, Austal USA said Thursday. “We...
Executive Mosaic’s GovCon Index and Wall Street ended the week strong due to a broad market rally. The index, which tracks the stock performances of 30 major government contractors, edged 0.21% higher Friday to $4,871.91, suitable for a 1.94% week-on-week gain. The Nasdaq Composite advanced 2.02% for a weekly gain of 4.2%. Alphabet (Nasdaq: G...
