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Daher Aerospace has agreed to purchase Triumph Group’s (NYSE: TGI) metallic aerostructures production business located in Stuart, Florida, as the French aircraft manufacturer aims to grow its footprint in the North American market. Triumph Group said Wednesday the business it will divest has approximately 600 employees and produces aerospace struc...
A National Defense Industrial Association report says the readiness and health of the defense industrial base received an “unsatisfactory” score of 69 as the industry struggles to address the ongoing challenges posed by the COVID-19 pandemic. The demand for defense goods and services and industry competition for defense contracts were cited as a...
BAE Systems has received a $14 million contract to help the Intelligence Advanced Research Projects Activity develop artificial intelligence and machine learning tools for the detection of radio frequency signals that pose a security risk to military communications. The company will lead a team of commercial and academic organizations in an effort t...
The General Services Administration announced that it expects to release requests for proposals for small business and women-owned small business pools of the Polaris governmentwide acquisition contract for information technology products and services in February. The Polaris GWAC small business and WOSB pools will be multiple-award, indefinite-deli...
Executive Mosaic is pleased to announce Northrop Grumman CEO Kathy Warden as a recipient of the 2022 Wash100, the seventh time she’s won the prestigious award in the nine-year history of Executive Mosaic’s annual list of executives with staying power and influence in the government contracting sector. Warden took the helm of the Falls Church, ...
L3Harris Technologies (NYSE: LHX) has received a $117.25 million award that exercises the third option year of the company’s contract with the U.S. Space Force to maintain infrastructure for tracking objects in space. The Department of Defense said Tuesday USSF is obligating $14.5 million for the contract option, as part of the service branch&...
A Raytheon Technologies (NYSE: RTX) subsidiary has received a potential five-year, $105 million contract to perform technical collection and communications work for U.S. Special Operations Command. USSOCOM received two bids for the indefinite-delivery/indefinite-quantity contract and selected Raytheon Blackbird Technologies to provide field service ...
Frank Jimenez, former general counsel at the Department of the Navy and Raytheon Technologies (NYSE: RTX), joined the board of directors of Huntington Ingalls Industries (NYSE: HII). His appointment took effect Thursday and he is admitted to District of Columbia, New York, Florida and U.S. Supreme Court bars, HII said Tuesday. Jimenez previously hel...
The Defense Innovation Unit awarded 72 prototype other transaction contracts to commercial companies and transitioned eight commercial platforms to Department of Defense end-users in fiscal year 2021, bringing DIU’s cumulative transition rate to 41 percent. The number of awarded prototype OT contracts reflects a 31 percent rise from FY 2020, accor...
MicroStrategy CEO Michael Saylor and Juan Zarate, global co-managing partner and chief strategy officer at K2 Integrity and an inductee into Executive Mosaic’s Wash100 for 2022, recently joined in an exclusive fireside chat to discuss global financial trends, imperative national security and cybersecurity issues and federal government implica...
