Honeywell (Nasdaq: HON) has agreed to purchase the heads-up-display product line from Swedish defense technology manufacturer Saab in an effort to advance its avionics and safety portfolio of offerings. Saab’s HUD assets will be integrated into Honeywell Anthem, the aerospace business’ first cloud-native cockpit system customizable for a...
The Department of the Navy has recognized the need for modernization and is working tirelessly to ensure that its forces are properly equipped for today’s constantly evolving battlespace. Informed by both Department of Defense-wide and internal strategies, the DON is taking major steps toward a future-ready fleet. For Rear Adm. Fred...
Curtis Puckett, a three-decade defense and federal contracting sector veteran, has been named president of Red River‘s business that provides technology services to the government. He will be responsible for managing and driving strategic growth for Red Rivers’ government program portfolio, which includes mission-critical IT services, th...
Red 6 has raised $70 million in a Series B funding round meant to help the augmented reality startup to continue investing in its proprietary technology for a combat pilot training system. RedBird Capital Partners led the financing round, in which Lockheed Martin‘s venture capital arm and Boeing‘s investment partnership with A...
The great power competition has been steadily intensifying over the past couple of decades and now, U.S. defense leaders are preparing for a potential future fight with its peer competitors in the Indo-Pacific region. The U.S. Navy will play a critical role in deterring adversaries and overcoming the tyranny of distance in this key geographical...
In recent years, major geopolitical events like the Russian re-invasion of Ukraine have taught global leaders important lessons about potential future conflicts, the importance of cybersecurity and the vulnerabilities adversaries can exploit. But how are these lessons translating into actions? Tina Dolph, president and chief operating officer for CR...
The U.S. Navy is looking at using artificial intelligence paired with unmanned vessels to solve its most urgent fleet readiness challenges in some of the most consequential theaters to the intensifying peer competition. In recent months, the service has made notable strides forward in exploring how AI and unmanned or minimally manned vessels can be...
Alicia Calef, a two-decade veteran of Raytheon Technologies (NYSE: RTX), has joined Parsons (NYSE: PSN) to serve as senior vice president of operations for engineered systems. In a LinkedIn post, Calef said she will work with the business president and sector leaders to advance growth initiatives. She will lead strategic and tactical operations to m...
Space infrastructure developer Redwire (NYSE: RDW) reported a 75.3 percent year-on-year increase in revenue for the first quarter of 2023, driven in part by its contributions to commercial space launches during the period. Redwire executives held a quarterly earnings call on Wednesday, highlighting $57.6 million in sales and $4.3 million in positive...
Mark Bortfeld, a three-decade government contracting industry veteran, has joined ManTech as senior vice president of the Navy segment. He succeeds Red Hoover, who went into retirement after a more than 10-year career at ManTech, and will directly report to David Hathaway, executive VP and general manager of the company’s defense sector, the H...
