A new McAleese & Associates report says Huntington Ingalls Industries (NYSE: HII) saw its sales rise 8 percent to $2.2B, primarily driven by a 7 percent revenue growth at HII’s Newport News Shipbuilding division and a 38 percent sales increase at technical solutions segment....
Huntington Ingalls Industries (NYSE: HII) veterans Damon Saetre and Brian Fields have been promoted to new leadership roles at the company's Newport News Shipbuilding division as part of business transformation efforts. Saetre will serve as VP of integrated planning and production control, while Fields be chief transformation officer and V...
A report by consulting firm McAleese & Associates says BAE Systems’ U.S. electronic systems sector saw its sales climb 11 percent to $2.8B during the first half of 2019 with a 14.8 percent operating margin and sector profit of $409M....
Susan Lynch, who previously served as chief financial officer at Raytheon (NYSE: RTN) and Hitachi Data Systems, will formally assume the positions of senior vice president and CFO at Vectrus (NYSE: VEC) on Aug. 7. The 25-year finance veteran will oversee Vectrus' financial planning and analysis, tax, controllership and treasury functions, the ...
The Defense Intelligence Agency has awarded 16 companies spots on a potential 10-year, $17.1B contract to provide military intelligence support for national security policymakers, defense planners and warfighters....
Raj Parameswaran, president of the federal information technology business at Maximus, has said that agencies should adopt a holistic approach to address workforce and technology implementation challenges that may arise when modernizing information technology assets....
The U.S. Air Force has selected Raytheon (NYSE: RTN) to develop two prototypes of a High Energy Laser Weapon System for experimental use under a $23.8M sole-source contract. Raytheon will aim to complete the HELWS project by Nov. 1 of next year, the Department of Defense said Friday....
On Monday, GovConWire reported that President Trump would nominate Rep. John Ratcliffe (R-Texas) to succeed Dan Coats as the director of National Intelligence. “I think that John Ratcliffe is going to do an incredible job, if he gets approved,” Trump told reporters at the White House via CNN. “I think we need somebody like th...
A new PwC report says the U.S. aerospace and defense industry recorded $244B in 2018 sales and was the A&D exports leader last year with $132B in revenue....
Atlas Research has secured a task order under the General Services Administration’s Human Capital and Training Solutions contract to help the Veterans Health Administration assess and introduce changes to VHA’s policies, practices and structure in order to improve the delivery of care to military retirees and their families....
