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Federal contracting veteran Craig Reed has been named a strategic partner at Donovan Capital Group, a Virginia-based investment company focused on the aerospace, defense and government services industries, DCG announced Monday. “In addition to strengthening our investment team, Craig deepens our firm’s ability to guide the companies we work with...

Srini Dixit, chief financial officer of the global spectrum dominance unit at Raytheon for the past year, has taken on CFO responsibilities within the air power unit of RTX’s (NYSE: RTX) defense-focused business. Dixit announced his new position at Raytheon in a LinkedIn post and concurrently holds the vice president of finance title. He joine...

Information technology services provider Integral Federal has named David Gillispie as vice president of technology and appointed Kristen Mullins as VP of human resources. Gillispie will serve as the company’s technology subject matter expert and help drive business growth strategy and technology road map, Integral Federal said Tuesday. His 30...

Parsons Chair, President and CEO Carey Smith has been appointed chair of Executive Mosaic’s 4×24 Group 1 Leadership. The 4×24 executive leadership program is designed to connect senior industry leaders with influential government officials in a series of collaborative and supportive dinner events aimed at advancing critica...

Matthew Moshier, director of financial planning and analysis at Leidos‘ (NYSE: LDOS) defense group, has been promoted to vice president with responsibility over corporate FP&A functions. The 18-year industry veteran announced his VP post Tuesday on LinkedIn and brings nearly two decades of finance and business operations management experie...

The U.S. Navy has disclosed that Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) are pursuing the airframe development contract for the next-generation fighter jet program, dubbed F/A-XX, Aviation Week reported Sunday. Pratt & Whitney and GE Aerospace are competing to build the engine for the service branch’...

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...

Army Issues $2.5B Contract Extension to 16 IT Vendors; Parsons Buys SealingTech for $200M; Lockheed, Northrop Book $1.5B in SDA Satellite Prototype Agreements; Stan Sloane Appointed CACI Independent Director Click to Unmute ...

Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary has secured a potential $2.7 billion contract from the U.S. Navy to develop and deliver 35 more CH-53K King Stallion heavy-lift helicopters. The contract includes the development of 12 units of Lot 7 CH-53Ks and 15 Lot 8 aircraft for the U.S. Marine Corps and eight helicopters for Israel’...