Lithuania has requested to buy Lockheed Martin-built (NYSE: LMT) multiple launch rocket systems and associated equipment from the U.S. government under a $495 million foreign military sales agreement approved by the State Department. The proposed FMS deal includes eight M142 High Mobility Artillery Rocket System launchers, missile and rocket pods, b...
Ernie Rhyne, formerly a managing director at Microsoft (Nasdaq: MSFT), has been appointed vice president of the U.S. public sector business at information security company CyberArk, according to a LinkedIn post published Friday. Rhyne spent more than 13 years at Microsoft, where he previously oversaw modern work and security offerings under the comp...
HII’s (NYSE: HII) mission technologies division will conduct technical research and analysis for the Air Force Research Laboratory under a $70 million task order. The award includes IT services such as data analytics, modeling and simulation and system engineering to support AFRL’s information technology modernization efforts involving artif...
The U.S. government has arrived at a seemingly widespread acceptance of the importance of maintaining and evolving its cybersecurity protections, particularly within the Intelligence Community. Without these measures, classified information could be at risk from both state-based and independent bad actors from across the globe looking to exploit vul...
Kathleen Hicks, deputy secretary of the Department of Defense and a 2022 Wash100 Award recipient, spoke with leaders of eight large primes to discuss strategic priorities for the Pentagon and business challenges facing the industry. DOD said Tuesday executives at BAE Systems, Boeing (NYSE: BA), General Dynamics (NYSE: GD), HII (NYSE: HII), L3Harris ...
Nazzic Keene, CEO of Science Applications International Corp., accepted her 2022 Wash100 Award during a recent visit by Executive Mosaic founder and CEO Jim Garrettson. Keene has been chosen five times to the Wash100 list and her selection this year is in recognition of her company’s strategy to invest in and align with areas it...
V2X (NYSE: VVX) reported $958.2 million in revenue during the third quarter of 2022 and saw its pro forma revenue climb 10 percent year-over-year to $961.3 million. The company said Tuesday the quarterly results reflect the contributions of Vectrus between July 1 and end of September and Vertex from July 5 to Sept. 30. On...
Rich Sawchak, a member of the board of directors of Systems Planning and Analysis, will succeed the retiring William Vantine as CEO of SPA, effective Nov. 21. Vantine will continue to serve on the board of the Alexandria, Virginia-based defense technology services contractor, SPA said Tuesday. “The timing of Bill’s retirement was planned...
ICF (Nasdaq: ICFI) reported $359.9 million in revenue from government clients during the third quarter of fiscal year 2022, reflecting a 25.6 percent increase from the prior-year period. The Fairfax, Virginia-based company said Thursday Q3 sales from U.S. federal government clients rose 39 percent to $271.3 million and represented 58 percent of tota...
Leonardo has agreed to sell the air traffic management business of its Selex ES subsidiary to an Indra Sistemas company for an undisclosed sum under a sales transaction that is expected to close in the first quarter of 2023. ATM focuses on developing, producing and offering en route navigation and surveillance technologies as well as...
