Kimberly Lebak, an executive in Huntington Ingalls Industries‘ (NYSE: HII) technical solutions division, has been named as head of an HII and BWX Technologies (NYSE: BWXT) joint venture that performs cleanup work at the Department of Energy’s Los Alamos National Laboratory in New Mexico. HII said Tuesday that Lebak will oversee the $1.4 ...
IBM (NYSE: IBM) has hired seven former military and government officials and industry veterans to serve as partners on its Washington, D.C.-based federal global business services team. The company said Monday the key additions reflect its commitment to helping federal agencies advance information technology modernization efforts. Brian Davis, a reti...
Susan Balaguer, a more than 30-year human resources leader, has joined Parsons (NYSE: PSN) as chief HR officer. She will oversee talent acquisition, business unit partnership, employee engagement, talent mobility, compensation and benefits and other HR functions and will report to Carey Smith, president and CEO of Parsons and a 2021 Wash100 Award wi...
GlobalFoundries has announced plans to build a new manufacturing facility in Malta, New York, and invest $1 billion to support the annual production of additional 150,000 wafers at its existing Fab 8 facility to help address the current chip shortage. The company said Monday it expects the new fab to result in the creation of...
Jeff Shockey, most recently vice president of global sales and marketing for Boeing‘s (NYSE: BA) defense, space and security business, has been appointed senior vice president of global government relations at Raytheon Technologies (NYSE: RTX). Shockey will succeed Timothy McBride, who will formally depart his role later this year, and will co...
Huntington Ingalls Industries (NYSE: HII) has secured a nearly $273 million indefinite-delivery/indefinite-quantity contract to help the U.S. Navy maintain aircraft carriers and surface ships. Under the five-year contract, HII’s fleet support group will support repair and overhaul planning activity for ship equipment and systems, the Departmen...
Intel (Nasdaq: INTC) is in discussions to acquire GlobalFoundries for approximately $30 billion, The Wall Street Journal reported Thursday. GlobalFoundries is a semiconductor company based in Malta, New York, that was established after Advanced Micro Devices (Nasdaq: AMD) decided to spin off its chip manufacturing operations. The company is now owne...
Huntington Ingalls Industries (NYSE: HII) has agreed to buy Alion Science and Technology from Veritas Capital for approximately $1.65 billion in cash as part of a push to expand its technical capabilities and portfolio of national security platforms. HII said Tuesday it expects the transaction to conclude in the second half of 2021 and help...
Ned Miller, former chief technology strategist at McAfee (Nasdaq: MCFE), has joined Appgate to serve as senior vice president and general manager of the cybersecurity company’s federal arm. He will be responsible for working with sales and technical teams to deliver zero-trust security products to clients, and leading market strategies that gu...
Raytheon Technologies (NYSE: RTX) has received a $328.16 million contract to manufacture lot 21 of updated AIM-9X Sidewinder multimission missiles for U.S. and foreign military customers. The Department of Defense said Wednesday the three-year contract from Naval Air Systems Command covers the production of Block II all up round tactical and air tra...
