The State Department has approved a potential $340.8 million foreign military sale of RTX-manufactured (NYSE: RTX) short-range air-to-air missile systems and related equipment to the Romanian government. RTX will serve as the principal contractor for the proposed FMS deal, which includes 300 AIM-9X Sidewinder Block II tactical missiles and a number ...
The Johns Hopkins University Applied Physics Laboratory has received a $515 million contract modification to continue providing the Defense Advanced Research Projects Agency with research, development and engineering services. The award brings the total cumulative value of the indefinite-delivery/indefinite-quantity contract to $740 million and incl...
On June 6, the Potomac Officers Club will host the 2024 Cyber Summit, bringing together the best and brightest cyber leaders from across the public and private sector landscapes to discuss the most urgent and consequential issues and opportunities in the cyber realm. Potomac Officers Club events offer attendees unparalleled networkin...
Tom Vecchiolla, a retired U.S. Navy pilot, a defense industry veteran and a previous Wash100 awardee, has joined the SSA board of directors of the U.K.-based defense technology company QinetiQ‘s U.S. arm. In July 2020, the QinetiQ SSA board was formed after QinetiQ Group signed a special security agreement with the Defense Counterintelligence ...
Indra‘s air traffic business has secured a $198.4 million fixed-price contract from the U.S. Air Force for the man-portable Tactical Air Navigation system replacement program. Under the indefinite-delivery/indefinite-quantity contract, Indra Air Traffic will provide MP TACAN systems, spares and support equipment, the Department of Defense said...
Executive Mosaic’s GovCon Index started May with a modest gain and stayed positive in the subsequent two sessions. On Friday, the index, which tracks the stock performances of 30 major government contractors, advanced 0.58% to $4,923.43 for a 0.89% week-on-week gain. Major US stock indexes ended strong on weaker jobs data, leading to weekly gain...
Northrop Grumman (NYSE: NOC) has received a potential five-year, $7 billion contract from the U.S. Air Force to provide modernization and sustainment support services for the B-2 Spirit stealth bomber. The Department of Defense said Thursday the sole-source, indefinite-delivery/indefinite-quantity contract includes software maintenance, engineering,...
Eric Wolf, formerly a vice president at American Systems, has been named VP of innovation at the Chantilly, Virginia-based information technology and engineering services provider. In this newly created role, Wolf will establish a vision and strategy for developing new processes, products and services and foster a culture of innovation throughout th...
The board of directors at Eutelsat America Corp. has appointed Kevin Steen, president and CEO of OneWeb Technologies, to lead the combined EAC and OneWeb Technologies entity. He will serve as president and CEO of both EAC and OneWeb Technologies and oversee the integration of the companies’ teams and businesses following the completion of thei...
The Potomac Officers Club, the most esteemed events organization in the government contracting industry, has an exciting calendar of events planned for May 2024. These engagements will cover a broad range of relevant GovCon topics, from 5G to joint warfighting and even major trends characterizing this continuously evolving landscape. POC events...
