A new McAleese & Associates report noted that BAE Systems posted a 6 percent sales growth and saw its sector profit increase by 27 percent to approximately $1.4 billion during the first six months of 2021 driven by its U.S. electronic systems sector and U.K. air sector. Jim McAleese, founder of McAleese & Associates and...
The Senate has confirmed Heidi Shyu‘s nomination to become the undersecretary of the Department of Defense for research and engineering, a role first held by Michael Griffin since the fiscal year 2017 National Defense Authorization Act elevated it at undersecretary level. As USD(R&E), Shyu will be responsible for setting the strategy for D...
A Capstone Partners report shows that mergers and acquisitions in defense electronics, space and command, control, communications, computers, intelligence, surveillance and reconnaissance markets reached over 70 transactions in 2020, exceeding the deal volume recorded in 2017, 2018 and 2019. The report attributed the year-over-year increase in deal ...
Executive Mosaic is honored to announce Rick Wagner, president of Microsoft’s federal arm, as a recipient of the 2021 Wash100 Award for his leadership and efforts to drive digital transformation as federal agencies push their adoption of the latest emerging technologies. This marks the fourth consecutive Wash100 Award for Wagner. Previously, Wagne...
Executive Mosaic is pleased to announce that Tiffanny Gates, president and CEO of Novetta, has received a 2021 Wash100 Award, the highest honor in all of government contracting (GovCon), for the third consecutive year. For this year’s Wash100 Award, Gates demonstrated leadership and reliability for driving company growth through its expansion of a...
Jane Chappell, a former Raytheon executive, has been appointed CEO of Altamira Technologies. Her addition to Altamira’s executive team will continue to drive its expertise in space, missile defense, cyber domains and many other critical areas, the company said Friday. “Jane’s executive leadership and lifelong commitment to the national securit...
Dave Wajsgras, a 2020 Wash100 Award recipient and former president of intelligence, information and services (IIS) for the Raytheon company, has joined Rubrik's public advisory board....
Lockheed Martin (NYSE: LMT) has been awarded a potential $339.3M other transaction agreement to help the U.S. Army develop, integrate and test a ground-launched missile prototype to address a mid-range capability gap found during the service branch's fiscal 2020 strategic fires study....
Stephen Sartwell, formerly an executive at L3Harris Technologies (NYSE: LHX), has joined Cobham Advanced Electronic Solutions as senior vice president for program and operations excellence. Sartwell held manufacturing-related roles across his tenure at L3Harris, including leadership over standardization to accommodate boosted production workloads, C...
Paul Harris, a senior vice president at Hampton University, has announced he will join Huntington Ingalls Industries (NYSE: HII) in the coming weeks to serve as the military shipbuilder's corporate VP and chief compliance and privacy officer....
