The State Department has approved the proposed sale of an anti-tank weapon system and related equipment to the Egyptian government through a potential $691 million foreign military sales contract. Egypt is seeking to buy 5,070 units of the Raytheon Technologies-built (NYSE: RTX) TOW 2A radio frequency missile technology along with spare parts, techn...
The Vertex Company has secured a potential five-year, $130 million contract to help the U.S. Air Force Global Strike Command maintain aircraft and weapons that support strategic deterrence operations. The company said Wednesday it will support the UH-1N and the MH-139 aircraft fleets assigned to the branch’s 582nd Helicopter Group at F.E...
Raytheon Technologies‘ (NYSE: RTX) Collins Aerospace subsidiary has received a potential five-year, $805.7 million contract modification from the U.S. Air Force to continue supporting the service’s Tactical Reconnaissance Pod program. The latest award brings the contract’s total cumulative face value to approximately $1 billion, the Depart...
Intelsat has appointed four aerospace and technology executives to market and innovation roles in line with its strategy to offer transformational technology-powered global connections. The company said Thursday Anthony O’Brien, formerly chief financial officer at Raytheon Technologies (NYSE: RTX) will assume the same post at Intelsat while Michae...
Steve Ratner, a more than two-decade human resources leader, will join Mercury Systems (Nasdaq: MRCY) on May 2 to serve as senior vice president and chief HR officer. He will report to Mark Aslett, president and CEO of Mercury Systems and a previous Wash100 awardee, as he oversees talent recruitment and retention efforts and supports...
The State Department has approved a potential $368.53 million foreign military sale, through which Raytheon Technologies (NYSE: RTX) could provide follow-on support services and related equipment for the U.K.’s Tomahawk Weapon System. Raytheon’s missile and defense business in Tucson, Arizona, will be the prime contractor on the proposed...
Deborah Cegielski, a more than 25-year human resource executive, has joined Cubic as senior vice president and chief HR and diversity officer. She will directly report to Stevan Slijepcevic, president and CEO of Cubic and a 2022 Wash100 Award winner, and will oversee the company’s talent acquisition and management functions, HR systems, public rel...
Vectrus (NYSE: VEC) saw its full 2021 revenue increase 28 percent to $1.78 billion and reported $419.4 million in sales for the fourth quarter of 2021, up 18 percent from the prior-year period. The Colorado Springs, Colorado-based government services contractor said Monday it ended the year with a total backlog of $5 billion, of which...
Dave Wajsgras, a two-decade aerospace and defense industry leader and a six-time Wash100 awardee, will assume the role of CEO of Intelsat on April 4. He will succeed the retiring Stephen Spengler, who has served in various senior leadership roles for more than 18 years and as CEO of the satellite communications company for seven...
Judy Lewis, a defense industry executive with more than 25 years of experience, has been appointed vice president of business development at Science Applications International Corp. (NYSE: SAIC). SAIC Senior Vice President Jon Rucker said in a LinkedIn post published Monday that Lewis will be part of the company’s business unit that provides s...
