Biggs Porter, executive vice president and chief financial officer of Maxar Technologies (NYSE: MAXR), will retire in 2023 and hold a consulting role after his retirement until March 2024 to help with the transition. Maxar said Thursday it has begun its search for Porter’s successor in the CFO role. Dan Jablonsky, president and CEO of...
Joseph Chontos, acting general counsel at Aerojet Rocketdyne Holdings (NYSE: AJRD), has been promoted to the positions of vice president, general counsel and corporate secretary. Chontos will oversee the El Segundo, California-headquartered aerospace and defense company’s legal, ethics, regulatory and international trade compliance functions, ...
Curtiss-Wright (NYSE: CW) will supply generators to Northrop Grumman (NYSE: NOC) for use on the latter’s work in support of the U.S. Navy’s next generation Columbia-class ballistic missile submarine program. Deliveries will be made under recently awarded contracts worth potentially $120 million, the Davidson, North Carolina-based aerospa...
Bill Weber, former president and CEO of KeyW, has assumed the CEO role at Texas-based space transportation developer Firefly Aerospace. He will lead Firefly’s next phase of expansion and take over for Peter Schumacher, who has held the chief executive role in an interim capacity since July, the company said Thursday. An aerospace and defense...
Lockheed Martin (NYSE: LMT), Astrobotic Technology and Honeybee Robotics have been shortlisted from an initial roster of five companies to continue developing vertically deployable solar array systems meant for use on robotic and human missions to explore the moon. The downselected entities will receive $19.4 million in total funds to build prototyp...
LMI has elevated Joe Niehaus, a 23-year industry veteran, to senior vice president of the consultancy’s logistics service line and hired Zaki Saleh, formerly an executive at Peraton, to serve as SVP for the health and civilian market. Pete Pflugrath, executive VP of markets and growth at LMI, said in a statement released Monday the...
The U.S. Air Force has awarded five companies positions on a potential 10-year, $975 million contract to perform technology maturation and risk reduction work under a program that seeks to build prototypes of an adaptive engine for next-generation fighter aircraft. The awardees are General Electric’s (NYSE: GE) Edison Works business, Raytheon Tech...
A new McAleese & Associates report shows major defense prime contractors posted sector operating margins of approximately 11 percent in the second quarter of 2022, reflecting limited impact from the current 8.5 percent inflation. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, presented an analysis of the Q2 2...
Mustafa Veziroglu, former chief operating officer of CACI International’s (NYSE: CACI) SA Photonics subsidiary, has been named president of Mynaric (Nasdaq: MYNA) and member of the laser communication equipment manufacturer’s management board. He will be based at Mynaric’s headquarters in Munich, Germany, and oversee product develo...
Dr. Colin Chinn, chief medical officer of the global health and financial solutions sector at Peraton, has joined a federal advisory committee that advises the Department of Defense on health-related matters. He will serve a four-year term on the Defense Health Board and help provide independent advice to the DOD secretary on issues associated with...
