Collins Aerospace, a unit of Raytheon Technologies (NYSE: RTX), has secured a potential $708 million contract to manufacture and engineer eight-blade propeller systems for the U.S. Air Force’s military transport planes. Under the indefinite-delivery/indefinite-quantity contract, Collins Aerospace will supply NP2000 propellers, an electronic pr...
Steve Richmond, a Lockheed Martin (NYSE: LMT) veteran, has joined BlueHalo as senior vice president of Army solutions business within the company’s defense sector, he announced in a LinkedIn post Sunday. “I am truly honored to be a part of this incredible team and excited about the mission-critical innovations we are developing and deliverin...
The U.S. Army has awarded AM General a potential 10-year, $8.66 billion contract to produce up to 20,682 Joint Light Tactical Vehicles and 9,883 JLTV trailers for the joint force and foreign military sales customers. The recompete contract has a five-year base ordering period and five option years, the Army said Thursday. “From the start...
Poland has requested to procure Lockheed Martin-built (NYSE: LMT) high mobility artillery rocket system launchers and related equipment from the U.S. government under a $10 billion foreign military sales agreement approved by the State Department. The proposed FMS transaction includes 18 M142 HIMARS launchers, tactical missile systems, extended-rang...
President Joe Biden has appointed several industry leaders to an advisory panel that advises and offers policy recommendations to the White House on issues related to the preparedness, security and reliability of the U.S. communications and information infrastructure. Scott Charney, vice president for security policy at Microsoft (Nasdaq: MSFT), and...
An affiliate of private equity firm Lone Star Funds has agreed to buy ship repair services provider Titan Acquisition Holdings from Carlyle (Nasdaq: CG) and Stellex Capital Management for an undisclosed sum. The parties expect the transaction to conclude in 2023, pending government approvals and other customary closing conditions, and Titan CEO Jim ...
Stephen O’Bryan, a senior aerospace and defense industry executive, will assume the role of corporate vice president and global business development officer at Northrop Grumman (NYSE: NOC) on Feb. 6. He has been elected by Northrop’s board of directors to succeed David Perry, who is set to retire by the end of March after a...
Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary has secured a $656.8 million modification under an U.S. Army contract for the production and delivery of UH-60M Black Hawk helicopters to Australia. The Australian government obligated the full amount of the award through the Department of Defense’s foreign military sales program, according t...
Executive Mosaic, the government contracting sector’s leading media and events organization, is honored to announce the winners of the 2023 Wash100 Award in celebration of the award’s 10th anniversary. The Wash100 Award, GovCon’s most powerful accolade, annually honors the top 100 executives of consequence in the government contracting co...
Northrop Grumman (NYSE: NOC) has begun development work on an active electronically scanned array radar for the Lockheed Martin-built (NYSE: LMT) F-35 Lightning II fighter aircraft. Northrop said Wednesday the AN/APG-85 AESA system is a multifunction sensor that will be compatible with all F-35 variants designed to provide warfighters situational aw...
