The State Department has approved Sweden™s request to buy Patriot missile systems and related services from the U.S. government under a potential $3.2 billion foreign military sales agreement. Raytheon (NYSE: RTN) and Lockheed Martin (NYSE: LMT) will serve as prime contractors in the proposed FMS deal that covers the pr...
TYSONS CORNER, VA, Feb. 22, 2018 ” Lockheed Martin (NYSE: LMT) has been named as a principal contractor on a potential $70 million U.S. foreign military sale of shipborne vertical launching systems, equipment and associated support services to Finland, ExecutiveBiz reported Wednesday. The Defense Security Cooperation Agency said Tuesday&nb...
TYSONS CORNER, VA, Feb. 22, 2018 ” Kratos Defense and Security Solutions will provide unmanned systems as well as command, control and communications services to a U.S. government customer under a potential $81 million contract, ExecutiveBiz reported Wednesday. The company said Tuesday its unmanned systems division will deliver the dr...
Michael Smith, formerly executive vice president for strategy and development at Huntington Ingalls Industries (NYSE: HII), has been named president of HII™s SN3 business. He will directly report to Michael Lempke, president of the company™s nuclear and environmental group, HII said Wednesday. HII™s strategy and develop...
ManTech International (Nasdaq: MANT) posted $1.72 billion in revenue for the full fiscal year 2017 that ended Dec. 31, up from $1.6 billion in FY 2016. ManTech said Wednesday it recorded $98.2 million in FY 2017 operating income, which reflects an 8 percent increase from the previous fiscal year. The company attributed the revenue growth to...
TYSONS CORNER, VA, Feb. 21, 2018 ” Johns Hopkins University Applied Physics Laboratory has granted Gallant Technologies a license to produce and sell a lab-developed explosive detection training tool for canine teams, ExecutiveBiz reported Tuesday. APL said Monday the technology works to help handlers train canines to detect home...
Curtiss-Wright (NYSE: CW) has agreed to buy Siemens™ Dresser-Rand government business through a $212.5 million cash transaction. Curtiss-Wright said Tuesday it will operate Dresser-Rand as part of its power segment and expects to close the acquisition in April, subject to regulatory approval and other customary closing conditions. “T...
https://www.youtube.com/watch?v=9SMSgaRe8zQ In this episode of Voices from DARPA, COL Matthew Hepburn, a program manager since 2013 with the Agency™s Biological Technologies Office (BTO), explains how his urgent ambition to develop ways and means of disarming current and emerging infectious and pandemic diseases”think here of Ebola, influe...
TYSONS CORNER, VA, Feb. 20, 2018 ” A General Atomics business unit has provided its Lithium-ion Fault Tolerant battery technology to power the Dry Combat Submersible platform that Lockheed Martin (NYSE: LMT) is building for the U.S. Special Operations Command, ExecutiveBiz reported Friday. Lockheed awarded a contract to...
TYSONS CORNER, VA, Feb. 20, 2018 ” Raytheon (NYSE: RTN) executive Michael Daly has said collaboration between state government, election and cybersecurity officials will help build on the security of U.S. voting systems in preparation for the upcoming midterm elections, ExecutiveBiz reported Friday. He said in a company feature published Wednes...
