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The State Department has approved Poland’s request to buy 250 M1A2 SEPv3 main battle tanks, manufactured by General Dynamics (NYSE: GD), through an approximately $6 billion foreign military sales agreement. Pieces of equipment covered by the FMS package include 250 AN/VLQ-12 counter-improvised explosive device systems, 26 M88A2 Hercules combat rec...

The Department of Defense has released a report that provides an overview of the state of competition in the defense industrial base and offers recommendations to promote competition in the DIB. The five recommendations outlined in the report are strengthening merger oversight; addressing intellectual property limitations; increasing new entrants; i...

Eric Evans, director of the Massachusetts Institute of Technology Lincoln Laboratory, has assumed chairmanship of the Defense Science Board. The Department of Defense said Monday Evans will lead the civilian group that advises Department of Defense leaders on matters related to science, technology, manufacturing and acquisition process. He has gaine...

Executive Mosaic is honored to announce Defense Secretary Lloyd Austin as an inductee into the 2022 Wash100 — the annual list of public and private sector leaders who are at the forefront of trends and events that shape government contracting activity. This marks the second consecutive year that he’s been selected to receive the most presti...

The State Department has approved a potential sale to Indonesia of F-15 fighter aircraft built by Boeing (NYSE: BA) and associated equipment through an estimated $13.9 billion government-to-government agreement with the U.S. Indonesia’s foreign military sales request includes 36 F-15ID jets, 87 F110-GE-129 or F100-PW-229 engines, 92 embedded G...

TYSONS CORNER, VA, Feb. 11, 2022 — Sigma Defense Systems looks to expand its software-based offerings for defense customers with its recent purchase of Solute, a San Diego-based software development and systems engineering company, ExecutiveBiz reported. “The acquisition of Solute furthers Sigma Defense’s strategy of delivering a compr...

Michael Bloomberg, founder and CEO of media conglomerate Bloomberg and former mayor of New York City, has been nominated by Defense Secretary Lloyd Austin to serve as chair of the Defense Innovation Board. He will lead a group of leaders and experts to provide recommendations and advice on technology and innovation to help the Department...

In its most recent Executive Spotlight interview, ExecutiveBiz sat with Mary Petryszyn, corporate vice president and president of defense systems business at Northrop Grumman as well as a 2022 Wash100 Award recipient, to talk about the company’s $1.4 billion contract with the U.S. Army for the Integrated Battle Command System and about the impact ...