Small satellite builder Terran Orbital has completed its merger with Tailwind Two Acquisition Corp. and the combination raised $255.4 million in gross proceeds via the transaction. Tailwind Two said Friday the combined entity will operate under the name Terran Orbital and officially go public Monday on the New York Stock Exchange. “The capital rai...
The State Department has approved a potential $175.98 million foreign military sale, through which Bahrain seeks assistance to update M270 Multiple Launch Rocket Systems manufactured by Lockheed Martin (NYSE: LMT). Bahrain wants to convert nine MLRS units into the M270 A1 configuration, spare parts and logistical and program support services through...
Lockheed Martin (NYSE: LMT) has received a $318.9 million contract modification to supply the U.S. Air Force with additional Joint Air-to-Surface Standoff Missile systems. The service branch ordered 308 more JASSM-Extended Range missiles and containers from the company’s missiles and fire control business as part of lot 20 production work, the...
Executive Mosaic is honored to present Mary Petryszyn, corporate vice president and president of defense systems business at Northrop Grumman, as a 2022 Wash100 Award recipient for her efforts to help enable military and allied forces to interoperate and network across all domains as well as to continue advancing defense capabilities and services....
Lori Stallard, formerly an executive at Leidos (NYSE: LDOS), has joined KBR (NYSE: KBR) as vice president of business development for the science and space segment. Stallard wrote in a LinkedIn post that she will support KBR’s government solutions business in her new position. She most recently served as VP of BD and capture strategy...
Former senior U.S. national security leaders Sue Gordon, Richard Spencer and Ryan McCarthy have joined the board of the U.S. proxy organization of London-based satellite communications company OneWeb to ensure compliance with U.S. government regulations and safeguard classified information. OneWeb Technologies CEO Bob Roe said in a statement publish...
The State Department has cleared a potential $950 million foreign military sale through which Spain intends to purchase MH-60R multi-mission helicopters made by Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary. Spain wants to purchase eight Seahawk helicopters, 20 T-700-GE-401C engines, two Hellfire II captive air training missiles, four airb...
Mark Serway, chief financial officer of Hitachi Vantara‘s federal arm, has been appointed to serve as president and CEO at the government technology services provider on an acting basis. Hitachi Vantara Federal said Monday its board of directors chose Serway to replace David Turner, who resigned after five years at the helm, as the company...
Judy Lewis, a defense industry executive with more than 25 years of experience, has been appointed vice president of business development at Science Applications International Corp. (NYSE: SAIC). SAIC Senior Vice President Jon Rucker said in a LinkedIn post published Monday that Lewis will be part of the company’s business unit that provides s...
The Space Development Agency has awarded Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC) and York Space Systems prototype agreements valued at approximately $1.8 billion combined to build and demonstrate 126 satellites for the first tranche of the National Defense Space Architecture’s transport layer. The Tranche 1 Transport Layer is exp...
