
Phebe Novakovic, chairman and CEO of General Dynamics (NYSE: GD) and a 2019 Wash100 award winner, said the Reston, Va.-based defense contractor expects to start building the U.S. Navy’s Columbia-class ballistic missile submarine by the end of 2020, the Washington Business Journal reported Wednesday....
Lockheed Martin (NYSE: LMT) will perform additional baseline upgrades to the Aegis ballistic missile defense system under a potential one-year, $185.6M contract modification. The award has a base value of $139.7M and a three-month option that would increase the total contract value to $3.21B....