The State Department has approved Israel’s two foreign military sales, or FMS, requests worth about $7.41 billion combined for AGM-114 Hellfire missiles, munitions, guidance kits and related equipment and support services. The Defense Security Cooperation Agency said Friday it has already informed Congress of the proposed FMS deals. Munitions,...
The State Department has cleared Egypt’s two foreign military sales requests worth approximately $929 million combined to provide AN/TPS-78 long-range radars, COMBATSS-21 combat management systems to support the fast missile craft modernization effort and related equipment and support services. The Defense Security Cooperation Agency sai...
Northrop Grumman reports having generated $10.68 billion in sales for the fourth quarter of 2024 and $41.03 billion in total sales for the whole year. The company said Thursday the figures reflected strong, continuing demand for its services and products. Sales Totals and Sales Drivers The sales total for the fourth quarter of 2024 is...
HII has promoted Derek Murphy to vice president of new construction aircraft carriers at its Newport News Shipbuilding division. Murphy, a two-decade company veteran, will now be in charge of the shipyard’s production of all new construction aircraft carriers, including the USS John F. Kennedy, USS Enterprise and USS Doris Miller, HII sa...
Serco Group‘s U.S. subsidiary will acquire MT&S, Northrop Grumman‘s mission training and satellite ground network communications software business, for $327 million in cash. MT&S has almost a thousand workforce and supports U.S. military programs through advanced mission training services and software engineering, Serco said Thur...
Dawn Pinto, former senior vice president at Jacobs, was appointed chief financial offer at Raft. The company said Pinto will be responsible for its financial strategies, analysis, operations, business transformation and efforts to enhance profitability. “I am thrilled to welcome Dawn to the Raft team and look forward to working with her as she...
Matthew Boehm has joined LMI as vice president of program management. The Tysons, Virginia-headquartered company announced Boehm’s appointment in a LinkedIn post Wednesday. Who is Matthew Boehm? According to LMI, Boehm brings to the company extensive leadership experience within the defense, healthcare and government technology markets. He p...
Toby Hess, a seasoned business development executive with 25 years of industry experience, has been named vice president of radar and electronic warfare at Antenna Research Associates. The company said Monday Hess will spearhead its growth in the field of EW technology while leading efforts to address the demands of the defense sector. Toby Hes...
Investment banking firm Evercore has issued its January report, highlighting the market performances of several U.S. defense and government services companies. The monthly update released by the firm’s aerospace, defense and government services team shows the enterprise and equity values, share performances and operating metrics of several U.S...
Jennifer Walsmith, a former Northrop Grumman executive, has been named president of intelligence and cybersecurity at Amentum. The advanced engineering and innovative technology services provider said Tuesday Walsmith will supervise the team responsible for developing and delivering innovative national security, intelligence and cyber...
