Northrop Grumman (NYSE: NOC) has booked a $147 million production order from the U.S. Army for aircraft common infrared countermeasure systems, marking the fourth award on a $959.1 million contract announced in May 2021. The company said Wednesday it has 336 additional order of the CIRCM shipset on top of the 500 units already delivered...
A report by financial services company Raymond James (NYSE: RJF) shows that there were 76 mergers and acquisitions in the defense and space industry during the first quarter of 2024, a 55 percent increase from the same period the previous year and a 31 percent rise from the previous quarter. Defense and Space M&A Activity...
Maxar Technologies’ intelligence business has named Lisa Henke, a veteran technology executive, as chief of technology and innovation for the U.S. government. Henke announced her promotion at Maxar Intelligence in a LinkedIn post published Thursday. She most recently served as USG account executive for Army and Space Force programs, according to h...
Jun Choi, formerly CEO of information technology services company NextNow, has joined IT Concepts as senior vice president of human capital services, according to his LinkedIn post. He will oversee employee, partner and customer engagement to support the company’s strategic growth and human capital management initiatives. From March 2020 to Ap...
The State Department has approved NATO’s request to buy Alliance Ground Surveillance system equipment and related support services from the U.S. government under a foreign military sales agreement worth approximately $250.2 million. The Defense Security Cooperation Agency said Thursday Northrop Grumman (NYSE: NOC) will serve as the principal c...
Northrop Grumman’s (NYSE: NOC) board of directors has elected finance executive Kenneth Crews to succeed the retiring Dave Keffer as the company’s chief financial officer, effective Oct. 1. The Falls Church, Virginia-based company said Tuesday Keffer intends to retire on Feb. 21 to spend more time with his family. Crews, currently vice president...
The U.S. Navy has awarded eight companies contract options worth $1.86 billion combined to continue providing professional management and technical services in support of the military branch’s cyberspace operation systems and capabilities. The award exercises the second option year of a previously awarded indefinite-delivery/indefinite-quantit...
Northrop Grumman (NYSE: NOC) has secured a $169.7 million contract to provide sustainment engineering and logistics support services for the MQ-4C Triton remotely piloted aircraft systems of the U.S. Navy and Australian air force. The contract covers the provision of life cycle program planning, spare and repair parts, support equipment, engineering...
Northrop Grumman (NYSE: NOC) has received a potential five-year, $7 billion contract from the U.S. Air Force to provide modernization and sustainment support services for the B-2 Spirit stealth bomber. The Department of Defense said Thursday the sole-source, indefinite-delivery/indefinite-quantity contract includes software maintenance, engineering,...
John Nichols, a 25-year aerospace industry veteran, has joined Fornax Advanced Materials as vice president and chief scientist. In a LinkedIn post published Friday, the Chicago-based company said Nichols brings over two decades of experience supporting major satellite development efforts for NASA and the Department of Defense to his position. Nichol...
