Marlborough, Massachusetts-based medical technology company Hologic will supply COVID-19 diagnostic tools to the U.S. Army under a three-year, $178.5 million contract. The Army’s Health Contracting Activity ordered Panther Fusion and Aptima SARS-CoV-2 assays, multiplex test kits and various related consumable items through the firm-fixed-price...
Dell Technologies (NYSE: DELL) has agreed to sell its integration platform-as-a-service business Boomi to investment firms Francisco Partners and TPG Capital for approximately $4 billion in cash. Jeff Clarke, vice chairman and chief operating officer of Dell, said in a statement published Sunday the proposed sale comes as the company decides to focu...
The State Department has cleared India’s request to buy an additional six P-8I maritime patrol aircraft, built by Boeing (NYSE: BA), and related equipment under a potential $2.42 billion foreign military sales agreement with the U.S. government. The Defense Security Cooperation Agency said Friday the proposed deal will include the procurement ...
Northrop Grumman (NYSE: NOC) reported $9.5 billion in sales for the first quarter of its 2021 fiscal year, up 6 percent from the prior year period, and attributed the increase to results from its space, aeronautics and mission systems segments. The Falls Church, Virginia-based company said Thursday net bookings for the quarter totaled approximately&...
Stu Shea — chairman, president and CEO at Peraton and a 2021 Wash100 winner — has offered a glimpse into the nine business sectors that will arise out of the Peraton-Perspecta (NYSE: PRSP) merger slated to close in a few weeks. Shea said Thursday in a regulatory filing the businesses set to be formed by...
General Dynamics (NYSE: GD) posted a 7.3 percent jump in revenue year-over-year for the first quarter of its 2021 fiscal year to $9.4 billion and experienced growth in all of its four business segments. The Reston, Virginia-based defense company reported $2.48 earnings per share for the quarter, $3 million net cash from operating activities and...
TODAY is the last chance you have to vote in the 2021 Wash100 Vote Standings to stand behind TEN of your favorite executives who drive success for our industry and community into the future. It’s now or never to submit your votes before this year’s Wash100 voting season will officially come to an end TONIGHT...
Chris Johnson, former president of Boeing‘s (NYSE: BA) satellite systems business, has been appointed as senior vice president of space programs delivery at Maxar Technologies (NYSE: MAXR), effective May 24. The new SVP will be responsible for leading and overseeing 1,900 employees who design, develop, integrate, test and deliver space platfor...
Holly Freedlander, corporate controller of Xator since September 2019, has been promoted to serve as chief financial officer at the Reston, Virginia-based security and intelligence services provider starting May 1. She will succeed the retiring Matt Galaski, who has led the company’s overall financial operations since 2014 and led the financin...
CAE Chief Financial Officer Sonya Branco, four-decade industry veteran Brian Morra and former House Armed Services Committee Chairman Mac Thornberry have joined the board of directors at CAE USA. Montreal-based CAE said Thursday its U.S. subsidiary board includes outside directors who provide oversight for the defense contractor’s government s...
