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An affiliate of private equity firm Lone Star Funds has agreed to buy ship repair services provider Titan Acquisition Holdings from Carlyle (Nasdaq: CG) and Stellex Capital Management for an undisclosed sum. The parties expect the transaction to conclude in 2023, pending government approvals and other customary closing conditions, and Titan CEO Jim ...

Northrop Grumman (NYSE: NOC) received a $92 million contract modification to integrate the Department of the Navy’s Large Aircraft Infrared Countermeasures system onto multiple aircraft platforms operated by four U.S. military branches. The award covers the procurement of 78 DoN LAIRCM processors and 814 other weapon replaceable assemblies, th...

Scott Sloan, former managing director of armed forces growth and strategy at Accenture’s (NYSE: ACN) federal services unit, has joined Virginia-based information technology services provider StratasCorp Technologies as president. StratasCorp said he brings more than two decades of government and business experience to the company. Sloan starte...

Stephen O’Bryan, a senior aerospace and defense industry executive, will assume the role of corporate vice president and global business development officer at Northrop Grumman (NYSE: NOC) on Feb. 6. He has been elected by Northrop’s board of directors to succeed David Perry, who is set to retire by the end of March after a...

Northrop Grumman (NYSE: NOC) and the military products division of Global Ordnance will compete for 155 millimeter ammunition orders from the U.S. Army under a shared contract worth potentially $522.3 million. Army Contracting Command received two bids for the firm-fixed-price procurement and delivery contract via the internet, the Department o...

Executive Mosaic is honored to announce Roger Krone, chairman and CEO of Leidos, as a 2023 Wash100 Award winner in recognition of his leadership strategy that works to sustain the company’s growth through innovation, major program wins and acquisitions. Krone, a 45-year GovCon industry veteran, has made all 10 classes of the Wash100 for his ...

Heather Conigliaro SkyePoint Decisions, a cybersecurity architecture and engineering services provider, has appointed company veteran Heather Conigliaro as chief strategy officer and hired industry professional Heather Newlin as chief operating officer.  Conigliaro brings to the role over two decades of leadership experience as she oversees Sky...

Northrop Grumman (NYSE: NOC) reported $10 billion in revenue for the fourth quarter of 2022, up 16 percent from $8.6 billion in the prior-year period, and a 3 percent increase in organic sales for the full year ended Dec. 31. The Falls Church, Virginia-based aerospace and defense contractor said Thursday the sales growth was driven...

Mark Kenny, formerly a vice president at L3Harris Technologies (NYSE: LHX), has been appointed senior VP of strategy and business development at Ultra Electronics‘ maritime division. The retired U.S. Navy admiral will report to Carlo Zaffanella, president and CEO of Ultra Maritime, and will work in the Washington, D.C. area to oversee Ultra Ma...

Srini Iyer, former senior vice president and chief technology officer at ManTech, has been appointed to a similar dual role at the health business group of Leidos (NYSE: LDOS). Iyer joined Leidos after taking “a brief sabbatical,” according to his LinkedIn post published Tuesday. He worked at ManTech from June 2015 to October 2022...