Five companies have been awarded contracts to help NASA identify strategies to reduce the risk and cost of a potential future demonstration of subsonic transport aircraft technologies. The agency chose Boeing (NYSE: BA), Raytheon Technologies (NYSE: RTN), General Electric (NYSE: GE), Blended Wing Aircraft and ROHR to support the Future Subsonic Demo...
Leonardo‘s U.S. defense subsidiary has purchased Ascendant Engineering Solutions, a producer of gimbals that allow sensors or cameras to rotate and change direction, in a move to offer integrated sensing platforms in the domestic military sector. Arlington, Virginia-based Leonardo DRS said Thursday it plans to combine its electro-optical and i...
Raymond Karrenbauer, a veteran of the insurance and information technology sectors, has joined the Cybersecurity Maturity Model Certification Accreditation Body as executive vice president and chief financial officer. He will oversee the technology portfolio, business operations and financial accounts of the organization responsible for managing CMM...
Drone technology and service provider Red Cat Holdings (Nasdaq: RCAT) has entered into an all-stock deal to acquire Teal Drones, a Utah-based manufacturer of unmanned aircraft systems for government and military applications. Puerto Rico-based Red Cat said Tuesday that Teal will tie up with the former’s enterprise group that offers the Skypers...
Jared Shepard, CEO of Hypori, was featured on Monday in the latest Executive Spotlight interview with ExecutiveBiz to discuss the recent Series A investment from GreatPoint Ventures, the benefits it will have on Hypori. Shepard also spoke with ExecutiveBiz about the impact of bring-your-own-device (BYOD) environments, the demand for zero-trust...
Prachi Sukhatankar, vice president of technology solutions with Amentum, was featured on Thursday in the latest Executive Spotlight interview with ExecutiveBiz. During the discussion, Sukhatankar discussed the company’s technology strategy including common challenges, business alignment, key initiatives and innovation. She also discussed how...
This past Wednesday, Potomac Officers Club (POC) hosted its 2021 CMMC Forum to provide the government contracting (GovCon) and federal sector’s members his overview and vision of the CMMC Rollout as well as the top priorities for the board and how industry feedback will help to improve the vision behind how the organization develops for the...
Mathias Winter, president of Winter Strategic Solutions and a retired U.S. Navy vice admiral, has joined the board of directors at San Diego-based airborne systems provider Global Air Logistics and Training. Winter brings more than 35 years of defense sector experience as GALT aims to meet its profitability and growth objectives, the veteran-owned c...
Lockheed Martin (NYSE: LMT) has received a $1.01 billion sole-source contract from the Space and Missile Systems Center to provide logistics services supporting the Space Based Infrared Surveillance system. SMC expects Lockheed to complete the requirements under the fixed-price-incentive-fee, cost-plus-incentive-fee and cost-reimbursement contract b...
Raytheon Technologies (NYSE: RTX) and Millennium Space Systems have received separate contracts to create digital models of sensor technology for the U.S. Space Force’s future missile warning satellite constellation. The Missile Track Custody Prototype contracts call for the two companies to perform modeling work as part of the Next Generation...
