Jackie Schmoll, a nearly two-decade defense and civilian market veteran, has joined Raytheon Technologies (NYSE: RTX) as vice president of requirements and capabilities for space and command and control systems. She is now part of Raytheon’s intelligence and space business unit where she will be responsible for developing and implementing grow...
Lockheed Martin (NYSE: LMT) will serve as the principal contractor on a State Department-authorized $450 million foreign military sale of F-16 sustainment services and related equipment to Pakistan. The proposed transaction calls for the consolidation of previous aircraft sustainment and support cases associated with the Pakistan air force’s F...
Mick Fox, chief operating officer of Technomile, has provided his latest feature as a member of Executive Mosaic’s GovCon Expert program on Tuesday. In his concluding article on the Federal Contract Management Maturity Model, GovCon Expert Mick Fox provided his insights into how organizations are evolving to the Future-Enabling level of matur...
The Defense Security Cooperation Agency has listed four prime contractors for a potential $141.1 million foreign military sale of ground command and control equipment to Morocco. DSCA said Thursday the State Department approved the possible FMS transaction that will involve General Atomics‘ aeronautical systems unit, Lockheed Martin (NYSE: LMT...
The State Department has approved a foreign military sale of multimission military helicopters, manufactured by Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary, to Australia through a $1.95 billion government-to-government transaction. Australia requested to buy 40 UH-60M Black Hawk helicopters along with a range of additional items such as ...
Lockheed Martin (NYSE: LMT), Astrobotic Technology and Honeybee Robotics have been shortlisted from an initial roster of five companies to continue developing vertically deployable solar array systems meant for use on robotic and human missions to explore the moon. The downselected entities will receive $19.4 million in total funds to build prototyp...
Gary Lac, a two-decade biometrics and identity management industry veteran, has been appointed vice president of solutions development at the U.S. subsidiary of Japanese information technology company NEC Corp. He will oversee NEC Corporation of America products across digital services, national security and state and local government verticals, the...
The U.S. Air Force has awarded five companies positions on a potential 10-year, $975 million contract to perform technology maturation and risk reduction work under a program that seeks to build prototypes of an adaptive engine for next-generation fighter aircraft. The awardees are General Electric’s (NYSE: GE) Edison Works business, Raytheon Tech...
A new McAleese & Associates report shows major defense prime contractors posted sector operating margins of approximately 11 percent in the second quarter of 2022, reflecting limited impact from the current 8.5 percent inflation. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, presented an analysis of the Q2 2...
Booz Allen Hamilton (NYSE: BAH) said its move to acquire cybersecurity firm EverWatch would allow it to secure “billions of dollars” worth of contracts and compete with rival contractors such as Lockheed Martin (NYSE: LMT) and Raytheon Technologies (NYSE: RTX), Defense News reported Monday. In March, Booz Allen agreed to buy EverWatch as part of...
