Boeing (NYSE: BA) has received U.S. approval to propose its F-15EX fighter jet to India’s air force, which intends to purchase 114 multirole aircraft in a deal that could be valued at more than $18 billion, Reuters reported Thursday. Ankur Kanaglekar, director and India fighters lead at Boeing’s defense, space and security business, said the...
David Young, former vice president of advanced program development at Lockheed Martin‘s (NYSE: LMT) space segment, has joined Cobham Advanced Electronic Solutions as chief technology officer. He will coordinate with four operating divisions within CAES to implement a technical strategic roadmap, introduce research and prototyping efforts, spea...
Lockheed Martin’s (NYSE: LMT) Sikorsky subsidiary and Boeing (NYSE: BA) unveiled DEFIANT X, a helicopter the industry team plans to offer for the U.S. Army’s Future Long-Range Assault Aircraft program. DEFIANT X features Sikorsky’s X2 Technology designed to provide soldiers greater maneuverability while flying the aircraft at low altitudes and...
Traviss Green, former director of regional sales at McAfee (Nasdaq: MCFE), has joined Millennium to serve as chief operating officer and oversee the business operations, growth strategy development and executive management team of the Arlington, Virginia-based management, cybersecurity and systems engineering firm. Millennium said Thursday Green wil...
The U.S. and the United Arab Emirates have signed an agreement for the UAE to buy 50 Lockheed Martin-built (NYSE: LMT) F-35 fighter jets and up to 18 drones, Reuters reported Thursday. The F-35s are part of a potential $23 billion deal that includes the procurement of high-tech weapons systems from Lockheed, General Atomics and...
R. Clarke Cooper, assistant secretary of state for political-military affairs, said the U.S. government is expected to sign a potential $23.37B deal for the sale of Lockheed Martin-built (NYSE: LMT) F-35 fighter jets, drones and other weapons systems to the United Arab Emirates before the Trump administration ends, Defense News reported Friday. “B...
The State Department has approved Kuwait’s request to buy Boeing-built (NYSE: BA) AH-64E Apache helicopters, related equipment and services under a potential $4B foreign military sales agreement....
A spending package that includes $900B in COVID-19 relief funds is now headed to the White House for President Donald Trump’s signature after the Senate passed the bill in a 92-6 vote late Monday, The Wall Street Journal reported Tuesday. The Senate’s decision came hours after the House voted 359-53 to approve the relief measure and a $1.4T spen...
On January 7th, Potomac Officers Club’s 5G Summit will feature notable federal and industry leaders on the “5G Space: The Ultimate Connected High Ground” Panel. The panelists will discuss emerging programs, priorities and challenges within the integration process of the new 5G framework. To register for the 5G Summit, and view other upcoming e...
Oroco Capital to Buy AECOM Civil Construction Business; Troy Rudd Quoted AECOM has entered into a definitive agreement to sell its civil construction business, including the Shimmick Construction unit, to Oroco Capital. AECOM said Thursday it expects to complete the sale in January upon the satisfaction of customary closing conditions. ArchInte...
