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Raytheon Technologies‘ (NYSE: RTX) Pratt & Whitney business has secured a $2 billion contract modification for lot 17 F-35 aircraft engine manufacturing services in support of U.S. and international defense customers. The award from the U.S. Navy’s Naval Air Systems Command will fund the procurement of propulsion system materials, pa...

A new McAleese & Associates report estimates most defense prime contractors recorded a 3 percent growth in sales during the first quarter of 2023, indicating that labor availability is improving and supply chain deliveries are starting to stabilize. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, offered an an...

Thirty-seven vendors have won spots on a potential 10-year, $32.5 billion multiple-award contract for the design, development, production and sustainment of training systems. The Training Systems Acquisition IV indefinite-delivery/indefinite-quantity contract covers analysis, installation, integration and testing support for aircrew, maintenance and...

In recent years, major geopolitical events like the Russian re-invasion of Ukraine have taught global leaders important lessons about potential future conflicts, the importance of cybersecurity and the vulnerabilities adversaries can exploit. But how are these lessons translating into actions? Tina Dolph, president and chief operating officer for CR...

Artificial Intelligence (AI) is one of the biggest trends in the world today, from generative AI to sophisticated cybersecurity, with a promise to transform the industry and society. While 84% of chief executives recognize AI’s importance in achieving their growth objective, most organizations are lagging behind the curve regarding AI and machine ...

Viasat Clears Final Regulatory Hurdle in $7.3B Inmarsat Acquisition Deal; Blue Origin-Led Team Secures $3.4B NASA Contract to Build 2nd Artemis Lunar Lander; Stacy Kubicek Begins New VP, GM Role at Lockheed Missiles, Fire Control Unit Click to Unmute ...

Jon Rucker’s penchant for being at the forefront of innovative technology development was sparked during his time as an undergraduate at Virginia Tech. He was drawn to aerospace engineering, which led him to a job post-college at Lockheed Martin, where he focused his efforts on the tactical part of the business, conducting highly complex engineeri...

John Amsden, former senior vice president for strategy and growth at Precise Systems, took on a new role as the company’s chief strategy officer. He will be responsible for helping Presice to expand organic capability expansion initiatives in the defense and federal markets, while driving the transition of its newly absorbed and cross-function...

Blue Origin has received a potential $3.4 billion contract from NASA to develop a human landing system for the Artemis V lunar mission. The company said Friday it will work with Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA), Astrobotic, Draper and Honeybee Robotics to design, develop, test and demonstrate its Blue Moon lander under the...