Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary has been awarded a one-year, $155.2 million contract modification by the U.S. Navy to obtain long-lead materials in preparation for lot 6 production of CH-53K King Stallion helicopters. The award is for parts and components needed to manufacture nine CH-53K aircraft, the Department of Defense s...
A new McAleese & Associates report noted the fourth quarter 2020 financial performance of large prime defense contractors Boeing (NYSE: BA), General Dynamics (NYSE: GD), Huntington Ingalls Industries (NYSE: HII), Lockheed Martin (NYSE: LMT). Northrop Grumman (NYSE: NOC) and Raytheon Technologies (NYSE: RTX). Jim McAleese, founder of McAleese &am...
PCX Aerosystems, a mechanical parts supplier to the military and commercial aerospace sectors, has agreed to acquire the Connecticut-based metallic components manufacturing business of British technology company Senior for an undisclosed sum. The deal would add Senior Aerospace Connecticut‘s transmission and rotorhead products to the PCX portf...
The Defense Advanced Research Projects Agency has selected the research teams that will work to meet the research objectives of a program that seeks to develop semantic technology platforms designed to automate the detection, characterization and attribution of falsified media assets. Kitware, SRI International, Purdue University and the University ...
Since its inception in 2019, the Space Development Agency (SDA) has continually worked to develop and modernize architecture concepts, systems designs, innovative technologies and emerging capabilities to enable leaders across the space domain to leverage next-generation space capabilities that increase warfighters’ lethality, maneuverability and ...
Small satellite launch services provider Rocket Lab is close to finalizing an estimated $4.1 billion agreement with a Vector Capital-backed special purpose acquisition company to merge operations, The Wall Street Journal reported Sunday. Rocket Lab would go public if the company combines with Vector Acquisition (Nasdaq: VACQ), which the former expec...
Charles Stark Draper Laboratory has received a $207.5 million contract to provide the U.S. Navy with a new boost guidance system that will be equipped into the service branch’s submarine-launched Trident II (D5) fleet ballistic missiles. The Department of Defense said Friday the cost-plus-incentive fee contract covers the Trident II (D5) Strat...
Executive Mosaic is pleased to announce that Tina Dolph, president and chief executive officer CEO of Siemens Government Technologies (SGT) has been recognized as a 2021 Wash100 Award recipient for driving the company’s expansion in the federal sector by winning new work with various agencies. “After more than 18 years with Lockheed Martin, Tina...
Since its inception in 2019, the Space Development Agency (SDA) has continually worked to develop and modernize architecture concepts, systems designs, innovative technologies and emerging capabilities to enable leaders across the space domain to leverage next-generation space capabilities that increase warfighters’ lethality, maneuverability and ...
Roger Krone, chairman and CEO of Leidos (NYSE: LDOS) and 2021 Wash100 awardee, said the company wants to continue pursuing mergers and acquisitions amid the consolidation and competition for big information technology contracts within the federal market, the Washington Business Journal reported Friday. “For us, now is not a time to become risk-adv...
