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James Taiclet, a board member at Lockheed Martin (NYSE: LMT) since 2018, on Monday officially assumed his duties as president and CEO of the company. He succeeds Marillyn Hewson, who now serves as executive chairman of the board and continues to support the leadership transition....

Alion Science and Technology has been awarded a $75M contract to support research, development, test, and evaluation of all Navy Minotaur software platforms for Naval Air Systems Command and Naval Surface Warfare Center Crane, the company announced Monday. ...