Thirty-seven vendors have won spots on a potential 10-year, $32.5 billion multiple-award contract for the design, development, production and sustainment of training systems. The Training Systems Acquisition IV indefinite-delivery/indefinite-quantity contract covers analysis, installation, integration and testing support for aircrew, maintenance and...
The U.S. Army has selected a dozen companies for a 10-year, $450 million contract vehicle to support its modernization and combat overmatch capability development efforts. Army Contracting Command received 27 bids for the cost-plus-fixed-fee, firm-fixed-price contract via an online solicitation and will determine funds and work locations on a per-or...
Suzanne Jones, formerly a senior director at BAE Systems, has been named vice president of business winning at nonprofit engineering innovation company Draper. She will lead Draper’s capture and proposal process restructuring efforts and brings 21 years of experience to her new position, the organization said Wednesday. Jones most recently ser...
The U.S. Army has exercised the first option period of its other transaction agreements with four companies to review proposed designs for increment two of the Future Tactical Unmanned Aircraft System. Griffon Aerospace, Northrop Grumman (NYSE: NOC), Sierra Nevada Corp. and Texton Systems (NYSE: TXT) will go through preliminary and critical design r...
Executive Mosaic CEO Jim Garrettson presented the 2023 Wash100 Award plaque to Mark Caylor, president of the mission systems business sector at Northrop Grumman, during a recent office visit. Caylor’s first Wash100 citation honors his leadership in the development of mission-critical software and hardware products for defense and intellig...
Northrop Grumman (NYSE: NOC) has increased its quarterly dividend by 8 percent to $1.87 per share. The company said Tuesday its board of directors authorized the raise and that shareholders of record as of the close of business on May 30 will receive the dividend June 14. Kathy Warden, chair, CEO and president of Northrop,...
Northrop Grumman (NYSE: NOC) will continue to help the Missile Defense Agency maintain complex simulation and modeling platforms under a three-year, $244.7 million contract modification. This award falls under an indefinite-delivery/indefinite-quality contract and includes work on advanced discrimination approaches that support MDA’s Ballistic...
Northrop Grumman (NYSE: NOC) and Raytheon Technologies (NYSE: RTX) have secured other transaction prototype agreement modifications to extend the companies’ technology development services under the Missile Defense Agency’s Glide Phase Interceptor program. The additional funds would allow the contractors to fine-tune GPI concepts, as par...
Mary Petryszyn, former corporate vice president of Northrop Grumman (NYSE: NOC), was named to the board of directors of Saab, according to the Swedish aerospace and defense company. The executive retired from Northrop in mid-January, wrapping up her decadelong career at the company, where she most recently served as president of its defense systems ...
After a competitive four months and tens of thousands of votes, Executive Mosaic is excited to announce that the winner of the 2023 Wash100 popular vote competition is the resolute Department of Defense cornerstone, Defense Secretary Lloyd Austin. This year, a staggering nearly 40,000 votes were cast in support of the esteemed recipients of the 2...
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