A Leonardo DRS subsidiary has won a potential five-year, $191.3 million contract from the U.S. Navy for the procurement of hardware and engineering services in support of Ship Self Defense System Technical Insertion 2016 effort. DRS Laurel Technologies will perform work at its Johnstown, Pennsylvania location through April 2023 under the initial awa...
Private equity firm Brightstar Capital Partners has agreed to acquire Oasis Systems with its portfolio company ERC to expand cybersecurity, engineering and technology-focused consulting offerings for aerospace and defense customers worldwide. Brightstar said Wednesday it expects the transaction to close in the second quarter of 2022 and the combined...
ExecutiveBiz featured Mike Costas, general manager of defense and space business at Bechtel, in its most recent Executive Spotlight interview published Tuesday. He talked about the company’s 125- year history as well as its efforts to help bridge gaps in U.S. infrastructure modernization and latest technology implementation. Costas also shared his...
The State Department has approved a request by Taiwan’s economic and cultural representative office to obtain technical assistance and related equipment for the Raytheon Technologies-built (NYSE: RTX) Patriot air defense system through a $95 million foreign military sales transaction with the U.S. government. The Taiwanese government is seekin...
The State Department has approved Bulgaria’s request to buy Lockheed Martin-built (NYSE: LMT) F-16 Block 70 aircraft, related equipment and services through a potential $1.67 billion foreign military sales agreement. The government of Bulgaria asked to purchase four F-16 C units and four of the aircraft’s D variant to improve its capability to c...
Patrick Shanahan, former acting secretary of the Department of Defense and a previous Wash100 awardee, has joined the board of directors at defense and security platforms manufacturer CAE. Shanahan has gained three decades of sector experience and expertise in areas such as artificial intelligence, cloud computing and cybersecurity modernization, th...
Innovative Defense Technologies has won a potential three-year, $98.6 million contract to provide software for distributed maritime operations to the U.S. Navy. IDT will use its prototype environment designed to accommodate software development and simultaneous monitoring of change-driven effects in the software’s physical and cyber aspects, t...
Executive Mosaic has featured Michael Brown, director of the Defense Innovation Unit, in the 2022 Wash100 class for his leadership in agency efforts to bring advanced commercial technology to the U.S. military. This marks the first time Brown has been selected to Executive Mosaic’s annual list of leaders who shape the government contracting la...
The State Department has approved a potential $368.53 million foreign military sale, through which Raytheon Technologies (NYSE: RTX) could provide follow-on support services and related equipment for the U.K.’s Tomahawk Weapon System. Raytheon’s missile and defense business in Tucson, Arizona, will be the prime contractor on the proposed...
Gregory Kausner, formerly an executive director at the Department of Defense, has been appointed to lead the global defense business at Anduril Industries. The government service veteran will be responsible for driving Anduril’s growth initiatives and introducing its technology to potential partners in the international defense market, the com...
