The U.S. Navy has awarded Lockheed Martin‘s (NYSE: LMT) Sikorsky Aircraft subsidiary a three-year, $542M contract modification to begin low-rate initial production of VH-92A presidential transport helicopters. Sikorsky will build six lot 1 LRIP units and provide interim support, spare parts, support equipment and replenishment services under...
Jeffrey Chesko, a more than two-decade contract and program management veteran, has been appointed vice president of indefinite-delivery/indefinite-quantity and governmentwide acquisition contract programs at NCI Information Systems, G2Xchange ETC reported Friday....
United Technologies Corp. (NYSE: UTX) has appointed Judith Marks, president of Otis since 2017 and a three-time Wash100 winner, as CEO of UTC’s elevators manufacturing subsidiary. Marks previously served as CEO of Siemens USA and head of the industrial conglomerate’s Dresser-Rand business. She also held senior leadership positions at Lockheed...
John Mengucci, chief operating officer at CACI International (NYSE: CACI), has been elected to serve as president, CEO and board member of the company, effective July 1. He will succeed Ken Asbury, a six-time Wash100 Award recipient who will retire as president and CEO of CACI by the end of June, the company said Tuesday....
Seventeen large and small contractors won spots on a potential five-year, $248.9M contract to provide sustainment equipment to U.S. Navy Fleet Readiness Centers. Contractors may compete for each order under 14 functional areas covering ancillary, measurement, sustainment, protection and testing platforms, the Department of Defense said Tuesday. The ...
Jim Garrettson, founder and CEO of Executive Mosaic, presented Martha Shepard, the vice president of Contracts with BAE Systems, the Chairman™s Award for completing her second year as the chairman of Contracts Group for Executive Mosaic™s 4×24 program. This is the second consecutive year that Shepard has received the Chairman™s A...
Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary will build and deliver a total of 12 CH-53K King Stallion helicopters to the U.S. Navy under a $1.13B contract modification. This award is for low-rate initial production lots 2 and 3 including logistics support and aircraft system spares, the Department of Defense said Friday. The Navy will ob...
Tom Arseneault, chief operating officer of BAE Systems’ U.S. arm, has assumed additional duties as president of the subsidiary. He was also named to the board of directors of BAE Systems Inc. and will assume functional leadership responsibilities, the company said Thursday. “Tom has a proven track record leading complex organizat...
The U.S. Army has awarded a Dynetics-led industry team a potential $130M contract to build and demonstrate a 100-kilowatt-class laser weapons system. Dynetics said Wednesday its partners for the High Energy Laser Tactical Vehicle Demonstrator program are Lockheed Martin (NYSE: LMT), Rolls-Royce and MZA Associates. “High energy laser weapo...
United Launch Alliance has received a $149.4M contract modification to manufacture a Delta IV heavy-lift rocket variant for the U.S. Air Force™s National Security Space Launch program. The modification increases the total value of a previously awarded contract to $449.8M and tasks the Boeing (NYSE: BA)-Lockheed Martin (NYSE: LMT) joint venture ...
