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Kuwait seeks to procure a medium-range air defense system from the U.S. government through a potential $3 billion foreign military sales transaction cleared by the State Department. Raytheon Technologies (NYSE: RTX), which produces the National Advanced Surface-To-Air Missile System in partnership with Norwegian company Kongsberg, will be the main c...
General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has secured a $532.9 million contract modification to continue design, development research and lead yard support services associated with the U.S. Navy’s Virginia-class attack submarines. Contract work will occur at Electric Boat’s facilities in Groton, Connecticut, and Newport...
Christopher Scolese, director of the National Reconnaissance Office (NRO), recently accepted his 2022 Wash100 Award, the highest honor in the government contracting (GovCon) community, during a visit by Executive Mosaic CEO Jim Garrettson to the department’s headquarters in Chantilly, Virginia. Executive Mosaic has recognized&n...
Cybersecurity has become the latest frontier in national security with the expansion and proliferation of the digital environment in recent decades. Today, cyber is also an emerging and important component of warfighting, and the U.S. government has placed a high priority on better protecting our critical information, data and cyber assets as the th...
Swami Swaminathan has been promoted to the chief executive officer role at Reli Group, where he formerly served as a chief information officer for more than five years. Swaminathan, who has also served as acting CEO since July, will be responsible for overseeing Reli’s delivery and operational areas in his full-time position, the health infor...
This October is Cybersecurity Awareness month, and the federal government is taking multiple actions to better inform, prepare and protect Americans in the face of rising cyber threats. In a Sep. 30 proclamation, President Biden encouraged not only government and industry organizations, but also American citizens to employ measures like enablin...
Tim Bleck, vice president of finance for the defense segment at Oshkosh (NYSE: OSK), has been selected to succeed Executive VP John Bryant as president of Oshkosh Defense. Bryant will retire on Nov. 1 after a 12-year career with the company and will help with the transition by serving in an advisory capacity through June...
Tom Druggan, a retired U.S. Navy rear admiral, has been named the first chief strategy officer at consulting services provider Strategic Insight. Druggan has technology and defense acquisition experience that aligns with Strategic Insight’s vision for serving current and new customers, the company said Monday. His military career includes serv...
In a recent Executive Spotlight interview, ExecutiveBiz spoke with Amy Wood, chief financial officer at Intelligent Waves, to know about her department’s performance in the previous months and how it functions to support the company’s long-term strategy. The Q&A also tackled her approach as a government contracting CFO as well as the...
Private equity firm AE Industrial Partners has agreed to purchase a controlling stake in small satellite builder York Space Systems for an undisclosed sum. York Founder and CEO Dick Wallinger will continue to oversee the company and Chairman Charles “Chuck” Beames will continue to sit on the board, AEI said Tuesday. Wallinger and Beames ...
