Arvind Krishna, chairman and CEO of IBM (NYSE: IBM), has joined the board of directors of Northrop Grumman (NYSE: NOC). The 32-year Big Blue veteran has steered the technology company through market expansion initiatives across the areas of cloud and quantum computing, artificial intelligence and blockchain, Northrop said Wednesday. Krishna has serv...
A Lockheed Martin (NYSE: LMT) spacecraft launched aboard NASA’s Space Launch System rocket early Wednesday in the start of the agency’s program to land humans again on the lunar surface. The uncrewed Orion separated from the SLS upper stage at a speed of 22,600 mph two hours after liftoff at the Kennedy Space Center in...
Seventh Dimension has won a five-year, $137.1 million contract from the U.S. Special Operations Command to support a military education center at Fort Bragg in North Carolina that helps soldiers hone their tactical skills. The company will perform work for the U.S. Army John F. Kennedy Special Warfare Center and 1st Special Warfare Training Group,...
The State Department has cleared a potential $700 million sale of up to 72 modernized Patriot missile systems and associated equipment to the Swiss government. Lockheed Martin (NYSE: LMT) will serve as the principal contractor on the proposed foreign military sales agreement that will include trainers, skid kits, canister consumables, launcher stati...
John Gastright, senior vice president for government affairs at Falls Church, Virginia-based government services contractor Amentum, has been appointed chairman of the board of directors of the International Stability Operations Association, GovCon Wire has learned. He succeeds Thomas Lampley, who has been at the helm of ISOA since October 2021, the...
John Ustica’s career with Siemens spans over two decades — a tenure whose length he sees as a strategic benefit in the government contracting landscape today. His previous posts at the technology and manufacturing company cover a wide range of roles from financial leadership to manufacturing plant management as he has moved up the ranks. ...
AE Industrial Partners, a private equity firm focused on the aerospace and government markets, has wrapped up its acquisition of a majority stake in small satellite builder York Space Systems. Financial terms of the transaction were not disclosed and AEI said Monday that York founder Dick Wallinger will stay as CEO while Chairman Charles Beames...
As the U.S. military pivots toward the escalating peer competition and accelerates its migration to the cloud, its leaders are examining how to leverage cloud computing from operational scenarios all the way to the tactical edge. Expanding the military’s technological capabilities at the edge is going to be paramount in the future fight, according...
Kevin Sullivan, former corporate comptroller of Valiant Integrated Services, has been promoted to senior vice president and chief financial officer at the Herndon, Virginia-based government contractor. He replaces Mike Devoto, who has served as Valiant’s CFO on an acting basis and will transition to the position of executive VP for strategic p...
Brett Pierson, former vice president of defense strategy and sales at Textron’s (NYSE: TXT) aviation segment, has been promoted to president and CEO of the Textron Aviation Defense business. He succeeds the retiring Tom Hammoor and will also hold the title of senior VP for defense and special missions, the company said Monday. As president...
