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Huntington Ingalls Industries (NYSE: HII) has finalized its acquisition of Pocasset, Mass.-based marine robotics provider Hydroid from Kongsberg Maritime for approximately $350M as part of efforts to expand its capabilities in the autonomous and unmanned maritime systems market. HII said Thursday it will operate Hydroid as part of unmanned sy...

Lockheed Martin (NYSE: LMT) emerged as the final contender for the U.S. Army’s Precision Strike Missile prototyping competition, Jane’s 360 reported Tuesday. The PrSM program seeks to develop a precision-strike, surface-to-surface guided missile to replace the Army Tactical Missile System and that can be fired from the M142 High Mobility Artill...

Executive Mosaic is honored to present Chuck Prow, president and CEO of Vectrus, as an inductee into the 2020 Wash100 Award for leading the company to drive company growth through big contract awards, acquisition and continued excellence in the government contracting (GovCon) sector. This marks the sixth-time that Prow has won a Wash100 Award in th...

Lockheed Martin (NYSE: LMT) has received a potential $789.6M contract from the U.S. Navy to provide sustainment and maintenance support for the combat management system of the service’s littoral combat ships. The sole-source contract for the Littoral Combat Ship Component Based Total Ship System – 21st Century program has a base amount worth $9...

The Food and Drug Administration (FDA) has responded to the COVID-19 pandemic by facilitating medical countermeasures to treat and prevent the disease and surveilling the medical product and food supply chains for potential shortages or disruptions and helping to mitigate impacts, the FDA reported Friday....

CACI International (NYSE: CACI) has secured a potential $83.1M task order from the U.S. Navy to provide administrative, engineering, managerial and technical support services to Portsmouth Naval Shipyard in Kittery, Maine....