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A new PwC report says the aerospace and defense sector recorded $728 billion in 2017 revenue, reflecting a 4 percent increase from the previous year. PwC reported that A&D companies posted a combined operating profit of $77 billion in 2017 with an on operating margin of 10.6 percent, up from 9.3 percent in 2016. The professional s...

United Technologies Corp.™s (NYSE: UTX) Pratt & Whitney subsidiary has received a potential three-year, $2 billion contract modification from the U.S. Navy to produce the 11th batch of F135 engines for all three variants of the Lockheed Martin-built (NYSE: LMT) F-35 Lightning II aircraft. Pratt & Whitney said Thursday it will build...

The American Council for Technology and Industry Advisory Council has announced the election of Paul Strasser, executive vice president of information management solutions group at Data Systems Analysts, as executive vice chair of IAC, effective July 1. Strasser, who currently serves as vice chair for finance at IAC™s executive committee, ...

Robert Sanders, a more than 20-year aerospace and defense industry veteran, has taken a new role as vice president of Ensco‘s avionics subsidiaries in the U.S. and Canada. Ensco said Tuesday Sanders will lead two businesses that offer avionics engineering products and services to the aerospace sector. He previously worked at Hon...

https://www.youtube.com/watch?v=DaBzB10J2DE&t=66s Lockheed Martin continues to actively work with Belgian industry on expanding business opportunities, signifying a strong commitment in exploring industrial cooperation in high- technology defense, aerospace, cyber and security sectors. Learn more: https://lmt.co/2L2aMCI...

Sandra Gillespie, formerly senior vice president and general manager of NCI‘s agile and analytics sector, has been promoted to chief operating officer at the Reston, Va.-based government technology services contractor. The three-decade information technology veteran will oversee operational programs and help align organizational functions...