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TYSONS CORNER, VA, January 10, 2018 ” Leanne Caret, president and CEO of Boeing‘s (NYSE: BA) defense, space and security business, has said she believes the challenges that women professionals encounter in the defense sector are more “aspirational” instead of institutional, as the industry sees a surge in women leaders at top ...

Preferred Systems Solutions (PSS), a portfolio company of CM Equity Partners, announced on Wednesday that Randy Morgan has been appointed as CEO and a member of the PSS Board of Directors. Jim Ballard, current CEO and member of the board, is transitioning to chairman of the board. Morgan will be responsible for growing PSS™ professional...

Raytheon (NYSE: RTN) has received a potential $434.4M contract modification to produce and deliver lot 18 AIM-9X Sidewinder Block II missiles for the U.S. Navy, U.S. Air Force and seven foreign military sales clients. The modification covers the production of AIM-9X Block II all-up round tactical missiles, captive and special air training ...

United Technologies Corp.™s (NYSE: UTX) Pratt & Whitney subsidiary has received a five-year, $230.1M contract from the U.S. Navy to support flight testing of a new F-35 aircraft propulsion system. Pratt & Whitney will help test F-35 Block 4 engine technology for Navy, the U.S. Air Force, U.S. Marine Corps and non-Dep...

Lockheed Martin (NYSE: LMT) has received a potential $99.2M contract to purchase tools and equipment needed to maximize the production rate of Joint Air-to-Surface Standoff Missiles and Long Range Anti-Ship Missiles for the U.S. Air Force. Work will take place in Orlando, Fla., through Feb. 28, 2022, the Department of Defens...

The U.S. Air Force has awarded Raytheon (NYSE: RTN) a $141.4M contract option to manufacture a fifth batch of air-launched, precision-strike glide bombs. Raytheon’s missile systems business will produce 1.2K Small Diameter Bomb II munitions, 389 single-weapon containers and 344 dual-weapon containers, the Dep...

Boeing (NYSE: BA) has received a potential five-year, $91.7M contract to deliver training systems for aircrew and maintenance personnel of the U.S. Navy‘s and U.S. Air Force‘s F/A-18E/F and EA-18G planes. The company will also update training equipment for both aircraft platforms in an effort to interoperability with the F...

TechFlow has received a potential five-year, $967.9M contract from the Department of Homeland Security to maintain and provide logistics support for explosive detection systems. A FedBizOpps notice posted Thursday says the contract covers preventive maintenance; calibration and test equipment; radiation surveys; tools; parts obsolescence; and s...

A General Dynamics (NYSE: GD) business unit has received a potential $264.8M firm-fixed-price contract to provide bomb components to the U.S. Army. General Dynamics Ordnance and Tactical Systems will manufacture parts for the military service’s MK80 and BLU-109 Tritonal bombs, the Department of Defense said Thursday. Army Contra...