Chris Montferret, a more than two-decade veteran at General Dynamics‘ (NYSE: GD) mission systems business, was elevated to the role of vice president of strategy and business development for the maritime and strategic systems unit. In a LinkedIn post, he announced his executive move within General Dynamics Mission Systems and welcomed the oppo...
Jon Rucker, formerly a senior vice president at Science Applications International Corp. (NYSE: SAIC), has been appointed president and CEO of Ultra‘s intelligence and communications business unit. He will take over from Dan Verwiel, who has served as acting CEO of Ultra Intelligence & Communications since September and will return t...
The Missile Defense Agency has awarded Raytheon Technologies (NYSE: RTX) and Northrop Grumman (NYSE: NOC) other transaction prototype agreement modifications to continue the development and refinement of the companies’ respective concepts of the Glide Phase Interceptor. Both contractors will work to polish their prototypes for the â€...
The State Department has cleared a potential $700 million sale of up to 72 modernized Patriot missile systems and associated equipment to the Swiss government. Lockheed Martin (NYSE: LMT) will serve as the principal contractor on the proposed foreign military sales agreement that will include trainers, skid kits, canister consumables, launcher stati...
AE Industrial Partners, a private equity firm focused on the aerospace and government markets, has wrapped up its acquisition of a majority stake in small satellite builder York Space Systems. Financial terms of the transaction were not disclosed and AEI said Monday that York founder Dick Wallinger will stay as CEO while Chairman Charles Beames...
Kevin Sullivan, former corporate comptroller of Valiant Integrated Services, has been promoted to senior vice president and chief financial officer at the Herndon, Virginia-based government contractor. He replaces Mike Devoto, who has served as Valiant’s CFO on an acting basis and will transition to the position of executive VP for strategic p...
Top seasoned executives in the government contracting industry including NetImpact Strategies CEO Venkatapathi “PV” Puvvada, KBR Government Solutions President Byron Bright, CACI International President and CEO John Mengucci are scheduled to share insights at the 2022 Government & Defense Conference that will be hosted by Baird on No...
Kathleen Hicks, deputy secretary of the Department of Defense, met with members of the Defense Business Board and informed them about the initiatives to strengthen the defense industrial base’s resiliency, according to a DOD meeting readout released Thursday. During DBB’s first quarterly meeting for fiscal year 2023, the two-time Wash100...
Tim Reardon, a 25-year GovCon industry leader and a four-time Wash100 awardee, has been appointed CEO and chairman of the board of Sayres Defense, a portfolio company of Charlotte, North Carolina-based private equity firm Broadtree Partners. He succeeds Joel Willett as chief executive of Sayres and will oversee sourcing, investment strategy and acqu...
Lithuania has requested to buy Lockheed Martin-built (NYSE: LMT) multiple launch rocket systems and associated equipment from the U.S. government under a $495 million foreign military sales agreement approved by the State Department. The proposed FMS deal includes eight M142 High Mobility Artillery Rocket System launchers, missile and rocket pods, b...
