The State Department has cleared Ukraine’s $285 million foreign military sale request for a medium-range air defense system from Raytheon Technologies (NYSE: RTX). Raytheon’s missiles and defense subsidiary will be the principal contractor on the proposed National Advanced Surface-To-Air Missile System sale, the Defense Security Cooperat...
L3Harris Technologies (NYSE: LHX) has received a five-year, $275.2 million contract to help the National Oceanic and Atmospheric Administration update and maintain ground infrastructure for the Geostationary Operational Environmental Satellites-R Series constellation. The company will provide sustainment support to a system that receives data from G...
Arnold Nowinski, former executive director of the launch and safety business at Axient, has been elevated to a vice president role within the same unit under Axient’s national security space segment. He will lead a team of engineers and scientists that conducts new entrant certification for launch platforms, verifies system safety at U.S. Spac...
SpaceX Founder and CEO Elon Musk said the company expects to spend approximately $2 billion on the Starship rocket program in 2023 and might not need to seek outside funding to support the initiative, The Wall Street Journal reported Saturday. “To the best of my knowledge, we do not need to raise incremental funding for...
NASA has released a draft request for proposals for the second iteration of a potential eight-year contract to provide logistics support for the agency’s Marshall Space Flight Center in Alabama. The planned MSFC Logistics Support Services II contract will be a total 8(a) small business set-aside program covering support across the areas of managem...
Jason Hopkins, a nearly two-decade space sector veteran, has been appointed to a vice president role at Lockheed Martin‘s (NYSE: LMT) subsidiary offering lunar infrastructure services. He will oversee strategy and business development functions at Crescent Space, according to a LinkedIn post published Sunday. Lockheed launched Crescent in Marc...
CACI CEO John Mengucci recently accepted his 2023 Wash100 Award during a meeting with Jim Garrettson, CEO of Executive Mosaic and founder of the distinguished recognition. In the award’s monumental 10th year, Mengucci joined the ranks of Wash100 for his role in securing significant contract wins and driving revenue growth. This win ...
Photo Contributor: Tsuguliev/Shutterstock The defense industry is one of the world’s largest and most competitive industries. The U.S. federal government agencies under the Department of Defense are actively procuring defense products and upgrading existing systems with the latest technology to strengthen the nation’s military fo...
The Department of Defense is working to adopt commercial technologies at a faster rate than ever before as the United States’ peer and near-peer competitors increase their own technological capabilities. This approach, known as a “fast follower” strategy, was outlined in the 2022 National Defense Strategy, which called for the DOD t...
President Joe Biden’s budget request for fiscal year 2024 includes $74.4 billion for federal civilian information technology programs, nearly $11 billion of which will be allocated to the Department of Veterans Affairs, according to a report from Deltek’s GovWin federal market analysis team. The report, published Monday, provides initial...
