Peraton Chairman, President and CEO Stu Shea accepted his 2023 Wash100 Award from Executive Mosaic CEO Jim Garrettson during a recent presentation ceremony. This marks Shea’s seventh year of recognition in the elite Wash100 roster, which serves as a list of the top 100 most powerful, impactful executives to watch within the go...
The U.S. government is expected to receive an approximately $3 billion purchase request from Israel for 25 F-35 aircraft manufactured by Lockheed Martin (NYSE: LMT). Yoav Gallant, the Israeli defense minister, approved a proposal to expand the air force fleet to 75 stealth fighter jets by acquiring a third squadron of the “Adir” F-35 air...
Kristen McLeod, an accounting and finance professional with about two decades of industry experience, has been promoted to senior vice president of finance and accounting and controller at Calibre Systems. McLeod, a former VP, will continue providing guidance on corporate strategy development, budget execution and the synchronization of business app...
The federal government allocates substantial financial services amounting to millions and even billions of dollars to procure a diverse range of services encompassing defense, weaponry, healthcare, cybersecurity, space missions, and more. Federal agencies enter into contracts with private companies that offer these specialized services to accomplish...
The United States’ semiconductor chip manufacturing output has been steadily slipping over the last few decades, jeopardizing the country’s power in an increasingly critical industry on the global stage. But one key piece of legislation, the CHIPS and Science Act of 2022, aims to rewrite this narrative and place the U.S. back on top. The CH...
Lockheed Martin (NYSE: LMT) will develop a long-range electronic warfare system prototype for the second phase of a U.S. Army program aimed at providing higher echelons with situational awareness through the detection and disruption of signals of interest from adversaries. The Terrestrial Layer System-Echelons Above Brigade is designed to support EW...
Central Ohio is eyed to accommodate an estimated $7.8 billion project by Amazon‘s (Nasdaq: AMZN) cloud computing business to broaden its data center operations in the state. The new campuses will expand Amazon Web Services‘ cloud computing capability by hosting additional servers, data storage drives, networking equipment and other relat...
During his nearly four years as chief information officer for the Department of the Navy, Aaron Weis championed widespread information technology modernization efforts and asserted that the service branch’s cybersecurity strategy needed to evolve to keep up with emerging threats. Now, as managing director of technology at Google Public Sector, We...
Michael Garrett, a nearly four-decade U.S. Army veteran, has been appointed to the board of directors at Textron (NYSE: TXT) in a move that takes effect July 1. “His extensive experience in the military and deep understanding of training and deploying U.S. military forces will enable our company to better serve our military customers,” Scott...
HII‘s (NYSE: HII) Newport News Shipbuilding division has booked contract modifications worth $393.3 million from the U.S. Navy to implement a new ship delivery strategy for the second Gerald R. Ford-class aircraft carrier. The branch now expects to receive the USS John F. Kennedy (CVN 79) on July 31, 2025, the company said Friday. “This...
