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TYSONS CORNER, VA, Aug. 3, 2022 — Rick Lober, vice president and general manager of defense and intelligence systems division at Hughes Network Systems, has underscored the possibility of applying a 5G standard to non-terrestrial networks amid the Department of Defense’s continued support to 5G testing and experimentation initiatives, Execut...

TYSONS CORNER, VA, Aug. 2, 2022 — Booz Allen Hamilton (NYSE: BAH) seeks to advance commercial technology development and deployment to support government missions with the help from its recently launched $100 million venture capital arm, ExecutiveBiz reported. “Booz Allen Ventures taps into America’s collective ingenuity by investing in softwa...

The State Department has approved a $300 million foreign military sale of launcher technology and support services for an anti-tank missile system, manufactured by a partnership between Raytheon (NYSE: RTN) and Lockheed Martin (NYSE: LMT), to the British government. The U.K. asked to procure 513 Javelin Lightweight Command Launch Units for use in th...

By Light Professional IT Services looks to expand its product portfolio with its recent acquisition of Veraxx Engineering, a Chantilly, Virginia-based provider of flight simulation training platforms and exercises. Bob Donahue, founder and CEO of By Light, said in a statement published Monday that the modeling and simulation and virtual training cap...

Northrop Grumman (NYSE: NOC) stated an 8 percent year-over-year growth in space segment sales for the second quarter to $2.98 billion with the increase partially offsetting lower revenues at the company’s three other core business sectors. April-June sales were $8.80 billion, compared to $9.15 billion for the same period last year, and Northro...

Stu Shea, chairman, president and CEO of Peraton, was recently presented his 2022 Wash100 Award by Executive Mosaic CEO Jim Garrettson during a recent visit to the company’s office in Reston, VA.  Executive Mosaic is thrilled to recognize Stu Shea as a six-time recipient of the most prestigious and esteemed award in the government c...

In the most recent Executive Spotlight interview, ExecutiveBiz spoke with Dan Deans, executive vice president and chief growth officer at Axient, to talk about the company’s growth initiatives including its creation of five customer-focused business segments. The Q&A also tackled Axient’s target of eclipsing $600 million in annual re...

TYSONS CORNER, VA, Aug. 1, 2022 — Northrop Grumman (NYSE: NOC) looks to expand its defense market footprint with a 113,000-square-foot missile integration facility that is currently being built in West Virginia and is planned to accommodate the second lot of a U.S. Navy missile low rate initial production, ExecutiveBiz reported. “Northrop Grumma...

The Department of the Air Force has undoubtedly led the U.S. military’s modernization push in the last few years — DAF leaders have long been champions of transformational changes like IT improvements, digital transformation efforts and data advancements. But officials argue that financial management, or FM, needs a bigger seat at the table in t...