The State Department has approved South Korea’s request to procure Lockheed Martin-manufactured (NYSE: LMT) fighter jets and Pratt & Whitney-built engines from the U.S. government under a potential $5.06 billion foreign military sales agreement. The potential FMS deal includes 25 F-35 conventional take-off and landing aircraft and up to 26...
Andy Windon, a more than two-decade defense industry veteran, has joined aerospace technology manufacturer CAE as vice president of engineering and technology within its defense and security business, according to a LinkedIn post. Windon spent over a decade at Raytheon, now an RTX (NYSE: RTX) business, where he most recently served as principal engi...
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...
Apogee has established a governing board of directors in line with the company’s push to expand its footprint in the government market and named Chairman and CEO Wes Georges as lead of the new body. Other inaugural governing board members are Dave Dacquino, former CEO at Serco Group‘s North American business arm, and Landmark Systems...
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...
