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Switzerland will buy from the U.S. government 36 Lockheed Martin-built (NYSE: LMT) F-35A fighter jets under a potential $6.25 billion contract. The European country expects deliveries of the F-35 conventional takeoff-and-landing variant to occur between 2027 and 2030 to replace its fleet of F/A-18 Hornet and F-5 Tiger fighter jets under the procurem...
The Department of Defense has stepped up efforts to encourage defense contractors to start decoupling their supply chains from China and begun using artificial intelligence to quickly determine whether raw materials, electronics and aircraft components come from China and other potential competitors, The Wall Street Journal reported Sunday. The U.S....
Former State Department official Thomas Smitham has been named chief of the U.S. business development unit at aerospace and defense conglomerate Leonardo. Smitham, who most recently served as acting ambassador to Italy, will be responsible for helping grow the company’s market presence in the U.S through commercial campaigns and instituti...
The General Services Administration has released requests for proposals for Historically Underutilized Business Zone and service-disabled veteran-owned small business pools of the Polaris governmentwide acquisition contract for information technology products and services. GSA said Friday it will accept proposals through Nov. 4 for SDVOSB and HUBZon...
Anthony Robbins, vice president of the federal business at NVIDIA, accepted his 2022 Wash100 Award, the highest honor in government contracting (GovCon), from Executive Mosaic CEO Jim Garrettson during a recent visit to the company’s office in Herndon, VA. “Anthony Robbins is an artificial intelligence evangelist known to almost everyone in t...
Beacon Global Strategies has hired four former government officials who will bring their knowledge of national security matters to the company’s advisory work in various practice areas such as risk analysis and government acquisition. Michael Groen, a retired U.S. Marine Corps general who formerly led the Department of Defense’s Joint Ar...
Space technology developer Intuitive Machines has agreed to go public as part of a planned merger with New York-based blank check company Inflection Point Acquisition Corp. (Nasdaq: IPAX). The combined entity will list securities on the Nasdaq upon completion of the deal and estimates it will exceed $1 billion in pro forma equity value, Intuitive...
Barry Broadus, chief financial officer of ICF, was featured in a recent Executive Spotlight interview published Wednesday. He talked about joining the company and the attributes of its mission that attracted him to the role. The Q&A also tackled ICF’s recent growth initiatives, acquisitions and partnerships aimed at helping the company exp...
Biggs Porter, executive vice president and chief financial officer of Maxar Technologies (NYSE: MAXR), will retire in 2023 and hold a consulting role after his retirement until March 2024 to help with the transition. Maxar said Thursday it has begun its search for Porter’s successor in the CFO role. Dan Jablonsky, president and CEO of...
President Joe Biden has signed an executive order to update the review process of the Committee on Foreign Investment in the U.S. by outlining five additional national security factors that CFIUS should consider when evaluating covered transactions. The EO directs CFIUS to consider the effect of a transaction on the resilience of critical U.S. suppl...
