A Lockheed Martin (NYSE: LMT) spacecraft launched aboard NASA’s Space Launch System rocket early Wednesday in the start of the agency’s program to land humans again on the lunar surface. The uncrewed Orion separated from the SLS upper stage at a speed of 22,600 mph two hours after liftoff at the Kennedy Space Center in...
BAE Systems’ land and armaments business will manufacture an additional 30 amphibious combat vehicles for the U.S. Marine Corps after the service branch exercised full-rate production contract options worth $153.7 million. The options are part of a modification that will also cover the costs of fielding and support services and will put the c...
ExecutiveBiz featured Bill Marion, a managing director at Accenture Federal Services, in its recent Executive Spotlight interview published Wednesday. He talked about how digital platforms are accelerating business operations and in connection, are driving growth across the defense and federal space. The Q&A also tackled the importance of human-...
Seventh Dimension has won a five-year, $137.1 million contract from the U.S. Special Operations Command to support a military education center at Fort Bragg in North Carolina that helps soldiers hone their tactical skills. The company will perform work for the U.S. Army John F. Kennedy Special Warfare Center and 1st Special Warfare Training Group,...
The State Department has cleared a potential $700 million sale of up to 72 modernized Patriot missile systems and associated equipment to the Swiss government. Lockheed Martin (NYSE: LMT) will serve as the principal contractor on the proposed foreign military sales agreement that will include trainers, skid kits, canister consumables, launcher stati...
SpaceX has received a potential $1.15 billion contract modification from NASA to continue development work on its Starship human landing system and provide a second manned demonstration landing on the moon as part of the agency’s Artemis program. NASA said Tuesday the Option B modification was awarded under the Next Space Technologies for Explorat...
AE Industrial Partners, a private equity firm focused on the aerospace and government markets, has wrapped up its acquisition of a majority stake in small satellite builder York Space Systems. Financial terms of the transaction were not disclosed and AEI said Monday that York founder Dick Wallinger will stay as CEO while Chairman Charles Beames...
As the U.S. military pivots toward the escalating peer competition and accelerates its migration to the cloud, its leaders are examining how to leverage cloud computing from operational scenarios all the way to the tactical edge. Expanding the military’s technological capabilities at the edge is going to be paramount in the future fight, according...
Todd Helfrich, vice president of federal sales at SentinelOne (NYSE: S), said government agencies should advance cyber resiliency, adopt industry best practices and reduce the identity attack surface to protect endpoints and networks from cyber adversaries. Helfrich wrote that cyber resiliency has been highlighted by the release of guidance by the N...
The financial ecosystem of the government contracting landscape is constantly evolving and changing to address emerging mission needs, support new requirements and propel the nation forward in today’s era of global competition. Having been in GovCon finance for over two decades, Chris Cage is both uniquely familiar with and well-positio...
