Voyager Space has appointed Matt Magana, an aerospace and defense industry leader, as executive vice president of national security. Supporting National Security Programs The space technology company said Thursday Magana will use his team development and strategic leadership experience to help drive Voyager’s efforts to support the national se...
GovCon industry veterans Ron Fehlen and Jeff Schrader announced in separate LinkedIn posts that they have assumed new vice president roles within Lockheed Martin’s (NYSE: LMT) space business. Fehlen will serve as VP of mission architect for national security space at Lockheed Martin Space and Schrader will take on the role of VP of strategy...
Erin Kocourek, an aerospace and defense industry executive, has been appointed vice president of business development for the national security and innovative systems sector at CACI International. She announced her move to CACI in a LinkedIn post published Monday. Kocourek brings to the role her enterprise leadership experience, P&L expertise, k...
Judy Lewis has assumed the role of vice president of business winning at BAE Systems, she announced on LinkedIn Friday, moving from a VP position at Science Applications International Corp. (NYSE: SAIC). In her new capacity, she will oversee BAE’s business development, growth and capture efforts in the United States. During her ...
RTX (NYSE: RTX) will continue manufacturing and supplying terrain-following/terrain-avoidance radars and spare components under a five-year, $321.27 million contract from Special Operations Command. Work on Silent Knight Radar systems will be conducted in McKinney, Texas; and Forest, Mississippi, through Dec. 31, 2028, the Department of Defense said...
RTX (NYSE: RTX) has agreed to sell its Raytheon’s cybersecurity, intelligence and services business to an undisclosed buyer for approximately $1.3 billion. The company announced the move in its third-quarter earnings report published Tuesday. Reuters reported that private equity firm Blackstone was the prospective purchaser of the business. The Ra...
TPG (Nasdaq: TPG), a global alternative asset management firm, has finalized its acquisition of Forcepoint’s government-focused cybersecurity unit from investment firm Francisco Partners and appointed technology industry leader Sean Berg as CEO of the newly acquired business. Berg, most recently president of global governments and critical infrast...
Contracts procurement executives hold one of the most crucial steps in the government contracting landscape. This process of contract procurement ensures the federal government meets the specific requirements for the capabilities, products, and solutions. These are requisites for major industries, such as defense, healthcare, intelligence, space, an...
RTX (NYSE: RTX), formerly Raytheon Technologies, posted $18.3 billion in fiscal 2023 second quarter sales, up 12 percent from the prior-year period, and saw its adjusted earnings per share increase 11 percent to $1.29 during the quarter. The Arlington, Virginia-based aerospace and defense contractor said Tuesday its backlog at the end of the quarter...
Each year, the federal government allocates substantial funding toward defense and security contracts. Government agencies, such as the Department of Defense and the US Armed Forces, tap into the expertise of multiple companies dedicated to developing and providing cutting-edge solutions for defense and warfare initiatives across various domains, su...
