Four companies have secured other transaction agreements worth a combined $24.25 million to offer commercially based variants of the U.S. Army’s Common Tactical Truck. Mack Defense, Navistar Defense, Oshkosh Defense and the American Rheinmetall Vehicles–GM Defense team will each submit three prototypes of the M915 Line Haul Tractor and M...
Lockheed Martin‘s (NYSE: LMT) venture capital arm has invested in Machina Labs, a Los Angeles-based manufacturing company that uses artificial intelligence and robotics to make advanced sheet metal products. Machina Labs said Thursday the money will support research and development and business growth efforts as well as advance the production ...
The U.S. Air Force has awarded a General Dynamics (NYSE: GD) subsidiary two contract modifications worth $124 million combined to support aircraft platforms used to transport high-ranking government and defense officials. Gulfstream will provide logistics services for both the C-20 and C-37 planes under the first firm-fixed-price modification valued...
NASA is seeking comments on a draft solicitation for a potential $98.1 million contract that will support the development and operations of space flight systems development and operations at the agency’s Glenn Research Center in Ohio. A notice posted Wednesday on SAM.gov says the Space Flight Systems Development and Operations Contract III cal...
Industry executive Robin Dewar has joined Herndon, Virginia-based technology services contractor Akima as vice president of business development, she announced in a LinkedIn post. Prior to Akima, she was a business development executive at information technology and professional services provider Empower AI, formerly NCI Information Systems. At Empo...
Photo from Skanska USA Official Website Skanska USA is among the largest and most secure companies specializing in building and development in the United States. The corporation also operates globally, mainly in North America and Europe, and constructs public infrastructure, commercial structures, and public-private establishments. Here are the top ...
Northrop Grumman (NYSE: NOC) reported $10 billion in revenue for the fourth quarter of 2022, up 16 percent from $8.6 billion in the prior-year period, and a 3 percent increase in organic sales for the full year ended Dec. 31. The Falls Church, Virginia-based aerospace and defense contractor said Thursday the sales growth was driven...
Mark Kenny, formerly a vice president at L3Harris Technologies (NYSE: LHX), has been appointed senior VP of strategy and business development at Ultra Electronics‘ maritime division. The retired U.S. Navy admiral will report to Carlo Zaffanella, president and CEO of Ultra Maritime, and will work in the Washington, D.C. area to oversee Ultra Ma...
Digital transformation and the adoption of emerging technologies have served as major catalysts for innovation and progress for the federal government in recent years. However, as agencies move to the cloud, capabilities extend to the tactical edge and remote work continues, the traditional perimeters of an organization are extending and even disapp...
Claudia Jaramillo, executive vice president of strategy and corporate development at Jacobs (NYSE: J), has been chosen to assume the role of EVP and chief financial officer effective Aug. 14. The company said Thursday she will succeed outgoing CFO Kevin Berryman, who will stay on as adviser to CEO Bob Pragada. Jaramillo, who was appointed...
