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Cheryl Peace, formerly a senior executive at the National Security Agency, has joined Cyxtera Technologies as chief operating officer of the information technology infrastructure company™s federal group. Peace™s œexperience offers a deep understanding of the complex challenges that government agencies face in securing their infrastruc...

Canada has named five aerospace companies that have been asked to participate in a potential $15 billion competition to produce 88 new fighter planes, Defense News reported Friday. Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT), Airbus, Dassault and Saab have been included in a list of approved suppliers that will be invited to submit proposals...

The State Department has approved Sweden™s request to buy Patriot missile systems and related services from the U.S. government under a potential $3.2 billion foreign military sales agreement. Raytheon (NYSE: RTN) and Lockheed Martin (NYSE: LMT) will serve as prime contractors in the proposed FMS deal that covers the pr...

The State Department has approved a potential $259 million foreign military sales transaction for Kuwait to procure four King Air 350ER aircraft and related equipment from the U.S. government. Sierra Nevada will serve as principal contractor in the proposed deal that also covers PT6A-67A engines, AN/AAQ-35 Wescam MX-15HDi electro-optical/infrar...

The State Department has approved a potential $100 million foreign military sale of Kvichak-built fast patrol boats to Kuwait. Washington-based Kvichak is a subsidiary of Vigor Industrial and will serve as the prime contractor under the 15-boat FMS deal, the Defense Security Cooperation Agency said Tuesday. Kuwait also ordered 30...

The State Department has approved the Dutch government™s request to procure from the U.S. government equipment and services to support upgrades to AH-64D Block II Apache attack helicopters under a potential $1.2 billion foreign military sales agreement. Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) will serve as principal con...

TYSONS CORNER, VA, Feb. 20, 2018 ” Boeing‘s (NYSE: BA) investment arm and partner WestRiver Group have led the Series B funding round for digital educational program provider Singularity University, ExecutiveBiz reported Friday. The company said Thursday its HorizonX Ventures unit’s investment aims to facilitate custo...

General Dynamics˜ (NYSE: GD) Electric Boat subsidiary has secured a potential $137.9 million contract to support a U.S. Navy research and development program aimed at formulating submarine concepts. Electric Boat will provide engineering and technical design services to the Navy and a foreign military sales customer under the cost-plu...