The State Department has approved Norway’s request to purchase Raytheon Technologies-made (NYSE: RTX) AIM-120 advanced medium-range air-to-air missile and related equipment from the U.S. government under a potential $950 million foreign military sales agreement. The Norwegian government wants to buy 205 AIM-120 D-series, 60 AIM-120 C-8 or D-series...
The Department of Defense has begun its search for a new executive who will succeed Michael Brown as director of the Defense Innovation Unit, which helps DOD speed up the adoption of commercial technologies to strengthen national security. Brown, a 2022 Wash100 Award winner, will step down from his role as DIU director once his...
Vince Vlasho, a senior managing director and defense portfolio lead for Accenture Federal Services (AFS), was recently presented his first Wash100 Award, the highest honor in government contracting (GovCon), by Executive Mosaic CEO Jim Garrettson during a visit to the company’s office. Executive Mosaic recognizes Vince Vlasho as a 2022 Wash10...
In late February 2022, the Russian invasion of Ukraine sparked drastic changes in the geopolitical landscape and challenged complex global relations. During the months since the war’s onset, and as the conflict continues to unfold, it’s clear that electronic and cyber warfare are playing a major role in military actions on both sides, and these...
Lt. Gen. Maria Barrett, commanding general of U.S. Army Cyber Command, is scheduled to headline a July 12 virtual forum to discuss how the service branch is working to advance its capabilities in the strategic digital environment. Barrett became the fifth top uniformed officer over ARCYBER in May and leads the Army organization responsible for...
Edward Anderson, a retired U.S. Navy rear admiral, has joined Sigma Defense Systems as vice president of maritime strategy. He will report to Sigma Defense CEO Matt Jones and oversee the company’s development efforts and strategy with a focus on connected networks and maritime matters, the company said Monday. Jones said Anderson brings to the...
Software investor Insight Partners has named seven public sector leaders to its newly created government advisory board to advise the private equity firm on investment strategy and programs meant to further build up its portfolio companies that are supporting government clients. “Our inaugural GAB members come with different experiences across the...
Perkins Technical Services will provide power supplies to the U.S. Army under a potential five-year, $90.1 million contract from the Defense Logistics Agency’s land and maritime organization. The sole-source, firm-fixed-price contract has a base performance period of three years and a pair of one-year options, the Department of Defense said Th...
A new McAleese & Associates report indicates that defense stock prices have spiked 18 percent to 20 percent year-to-date and outperformed the S&P 500 as sector investors react to the Russian invasion of Ukraine. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, noted investors see a 10 percent spike in Depar...
Robert Geckle, chairman and CEO of Airbus U.S. Space & Defense, was featured in a recent Executive Spotlight interview published Wednesday. He talked about company projects, such as building the militarized version of the H-145 aircraft, that he considers “most rewarding.” Geckle also discussed his strategic goals for the year, the m...
