A new McAleese & Associates report says most defense prime contractors recorded a 2 percent to 3 percent increase in sales during 2021. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, presented an analysis of the fourth-quarter and full-year 2021 financial performance of Boeing (NYSE: BA), General Dynamics (NY...
Joseph Dunford, a retired U.S. Marine Corps general and senior managing director at Liberty Strategic Capital, has joined the board of directors of Satellogic (Nasdaq: SATL). “Drawing on his distinguished career as a national security leader, General Dunford will offer invaluable perspective and insight as Satellogic works to unlock high-resolutio...
Finland’s defense ministry has formalized an agreement to procure 64 F-35A conventional takeoff and landing jets along with associated equipment and sustainment services from the U.S. government for approximately $9.4 billion, Reuters reported Friday. The signing of the procurement documents came one month after Lockheed Martin‘s (NYSE: ...
Executive Mosaic is honored to announce Phebe Novakovic, chairman and CEO of General Dynamics, as a 2022 Wash100 Award recipient to recognize her deep conviction that the defense industry plays a vital role in bringing advanced technologies to the military. This marks her eighth Wash100 win in the nine-year history of Executive Mosaic’s annual...
Garett Presson, formerly vice president of enterprise platforms at Abt Associates, has been promoted to global chief information officer of the Rockville, Maryland-based consulting and research company. He will lead the global strategy and operations of Abt’s information technology organization with responsibility for cybersecurity, infrastruc...
DOD CIO John Sherman to Assume CMMC Program Responsibility; Kathy Warden on Northrop’s Space Segment-Driven Sales Growth; Lockheed Books $1.4B USAF C-130J Fleet Maintenance Deal; Executive Spotlight With GovCon Expert Jill Singer Click to Unmute...
Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary has secured a contract from the U.S. Navy to produce nine more CH-53K King Stallion helicopters for the U.S. Marine Corps. Lockheed said Thursday the nine helicopters are part of the Marine Corps’ 200 program of record aircraft and are expected to be delivered starting in 2025. CH-53K King...
The State Department has approved a potential $4.21 billion foreign military sale of F-16 Block 70 aircraft, manufactured by Lockheed Martin (NYSE: LMT), and related equipment to the Jordanian government. Jordan asked to procure a dozen units of the updated F-16 C and four of the D configuration to support the country’s fighter aircraft fleet...
Cybereason confidentially filed with U.S. regulators for an initial public offering that could give the Boston-based security startup a valuation of more than $5 billion, Reuters reported Monday. Reuters cited sources that say the cybersecurity company has finalized the underwriters for the IPO, which could kick off in the second half of 2022. Cyber...
Egypt has asked to buy a dozen C-130J military transport planes and associated equipment from the U.S. government under a $2.2 billion foreign military sales proposal approved by the State Department. The Defense Security Cooperation Agency said Tuesday the proposed FMS deal for Lockheed Martin‘s (NYSE: LMT) Super Hercules offering seeks to ad...
