A new McAleese & Associates report shows defense prime contractors recorded a 3 percent increase in sales during the third quarter of 2022 and sector operating margin of 11 percent. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, offered an analysis of the Q3 financial performance of Lockheed Martin (NYSE: LMT...
John Kem, a retired U.S. Army major general, has been named director of business development at Dewberry’s federal practice. His new role entails support of government clients such as the U.S. Army Corps of Engineers and he will work from a company office in Fairfax, Virginia, Dewberry said Friday. The 35-year Army veteran previously led...
SpaceX has introduced Starshield, a satellite network specifically aimed at supporting government organizations’ national security efforts while utilizing the technology and launch capability of the company’s commercially inclined satellite internet constellation Starlink. According to the SpaceX website, Starshield has three initial foc...
Scott Goldstein, head of advanced missions at Anduril Industries, has assumed additional responsibilities as chief scientist at the defense technology startup, GovCon Wire has learned. Goldstein, a U.S. Air Force Reserve major general, leads Anduril’s technical development initiatives for the company’s government partners. He brings to the dual-...
Northrop Grumman (NYSE: NOC) and the U.S. Air Force have introduced the B-21 Raider long-range strike bomber plane as part of the country’s nuclear triad meant to deter potential adversaries. B-21 is a sixth-generation aircraft that is backed by a digital ecosystem and comes with stealth capabilities and open systems architecture to facilitate...
ExecutiveBiz featured Bill Rowan, vice president of public sector at Splunk and three-time Wash100 Award winner, in its recent Executive Spotlight interview published Thursday. The executive talked about cybersecurity and data-related challenges in the federal landscape, and discussed his strategic goals for the coming year and Splunk’s effort...
Rocket Lab USA (Nasdaq: RKLB) has established a wholly owned subsidiary to offer spacecraft manufacturing, space systems capabilities and launch services to defense and intelligence community clients. Rocket Lab National Security will be based in the U.S. and will build on its parent company’s performance delivering separation systems, space solar...
The Department of Defense has stood up an office with the goal of helping technology developers find the capital they need to bring platforms to the military and national security markets. Defense Secretary and two-time Wash100 Award recipient Lloyd Austin said in a statement released Thursday the Office of Strategic Capital will work to address...
Jacobs (NYSE: J) has secured a potential five-year, $92.5 million contract to perform architecture and engineering work for NASA’s environmental cleanup efforts at a former rocket engine and nuclear reactor test site in Ventura County, California. The company will support the Santa Susana Field Laboratory across environmental due diligence and...
Raytheon Technologies’ (NYSE: RTX) missiles and defense business and Lockheed Martin (NYSE: LMT) will serve as principal contractors for a potential $380 million foreign military sale of FIM-92K Stinger man-portable ground-to-air missiles and related equipment to the government of Finland. The Defense Security Cooperation Agency said Thursday the ...
