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The U.S. Army awarded Lockheed Martin (NYSE: LMT) a $237.5M contract to perform hardware design modification on the Guided Multiple Launch Rocket System. Lockheed will also support the qualification process for the modified GMLRS design under the fixed-price-incentive contract, the Department of Defense said Friday. Work is scheduled to occur t...
TYSONS CORNER, VA, March 27, 2019 ” An industry team consisting of Boeing (NYSE: BA), Northrop Grumman (NYSE: NOC) and Raytheon (NYSE: RTN) worked with the Missile Defense Agency to test the Ground-Based Midcourse Defense system’s ability to intercept an intercontinental ballistic missile, ExecutiveBiz reported Tuesday. Boeing said Monday...
TYSONS CORNER, VA, March 25, 2019 ” ST Engineering is moving to prepare its Bronco all-terrain tracked carrier for international availability and has sent a variant of the platform to a tire and vehicle testing facility in Finland to assess its performance in cold weather and heavy snow, ExecutiveBiz reported March 13. EDR On-Line reported...
Northrop Grumman (NYSE: NOC) has secured a spot on the U.S. Army™s potential $982M R4 indefinite-delivery/indefinite-quantity contract for cyber and electronic warfare capabilities. The service will use the R4 IDIQ contract to support cyber electromagnetic activities needed to build up the force™s lethality in non-kinetic combat engagement...
Boeing (NYSE: BA) has received a $326.3M delivery order to develop Increment 3 Block systems for the P-8A Poseidon maritime patrol aircraft in support of the U.S. Navy and Australia. The cost-plus-fixed-fee order falls under a previously awarded basic ordering agreement and covers development, integration and testing services, the Department of...
Jim Garrettson, founder and CEO of Executive Mosaic, presented Mark Gerencser, chairman of the University of Maryland University College™s board of directors, with his third Wash100 Award on Friday. Executive Mosaic recognizes Gerencser for his leadership and supporting UMUC Ventures through non-academic initiatives like AccelerEd. We are...
Mark Gray, President and CEO of ASRC Federal and 2018 Heart Walk Chair, helps raise $2.458 Million in support of the American Heart Association™s Mission (Washington, DC, March 7, 2019) “ The American Heart Association announced that is has raised a record-breaking amount of $2.458M from the Heart Walk on November 3, 2018. The funds...
McAleese and Associates, a consulting firm, released a report on key takeaways from a discussion hosted by the Center for a New American Security with Army Undersecretary Ryan McCarthy and Lt. Gen. Eric Wesley of Army Futures Command on the service™s multidomain operations concept and modernization plans. Wesley discussed the development of the...
Raytheon (NYSE: RTN) secured a $91.9M contract option to provide round packs and spare parts for the Rolling Airframe Missile‘s Block 2 variant to the U.S. Navy. The company served as co-developer of a guided missile weapon system through an international cooperative program that aims to defend naval platforms against anti-ship warheads, the D...
Timothy Dills, the former president of Scitor, has been named president and CEO of space systems technology developer LinQuest. He will work in LinQuest’s Chantilly, Va., office and will lead corporate development strategy aimed at identifying new business opportunities, expanding customer base, attracting talent and increasing stakehol...
