Satellogic, which aims to provide geospatial data to the government and commercial sectors, went public Wednesday following the completion of the satellite imagery provider’s merger with a Cantor Fitzgerald-backed special purpose acquisition company. The combination with CF Acquisition Corp. V, which was first announced in July 2021, would bri...
BAE Systems‘ land and armaments division has received a $169.3 million contract modification to manufacture an additional 33 amphibious combat vehicles for the U.S. Marine Corps. USMC exercised options under the ACV production contract with a potential value of $3.35 billion, the Department of Defense said Wednesday. The branch will obligate $...
Raytheon Technologies (NYSE: RTX) has received a $250 million award that increases the potential value of its contract with the U.S. Air Force to incorporate baseline engineering changes into the StormBreaker glide bomb system baseline. The sole-source contract calls for Raytheon Missiles and Defense to design, develop, integrate, test and engineer ...
Matthew Bromberg, most recently president of the military engines business at Raytheon Technologies’ (NYSE: RTX) Pratt & Whitney subsidiary, has been appointed to serve as corporate vice president of global operations at Northrop Grumman (NYSE: NOC). He will assume his new position on Feb. 16 and will oversee Northrop’s programs, quality, su...
Kathy Warden, chairman, president and CEO of Northrop Grumman (NYSE: NOC) and a six-time Wash100 Award winner, discussed the company’s involvement in the modernization of two components of the nuclear triad and one of the programs she talked about is the B-21 bomber. She told CNBC in a video interview posted Friday that the company...
Austal‘s U.S. business arm has received a potential five-year, $215.9 million contract from the U.S. Navy to repair and maintain littoral combat ships stationed in the countries and ports within the Western Pacific and the Indian Ocean. Under a $72.5 million base contract award, Austal USA will primarily perform work in Singapore from January 2022...
The Office of Management and Budget has introduced a three-part framework that serves as a roadmap for advancing the Biden administration’s management priorities to strengthen the federal government’s capacity to deliver results to all U.S. citizens. The Biden-Harris Management Agenda Vision has three priorities: strengthening and empowe...
Leidos (NYSE: LDOS) has received a potential five-year, $531 million task order to provide operational support to the Air Combat Command’s intelligence, surveillance and reconnaissance program. The company said Monday it will help command personnel mitigate potential threats to ISR operations and conduct analysis, assessment and training effor...
Rolls-Royce has won a potential 17-year, $2.6 billion contract to provide replacement engines for the U.S. Air Force’s fleet of Boeing-built (NYSE: BA) B-52H Stratofortress bombers. The Air Force Life Cycle Management Center received four bids for the indefinite-delivery/indefinite-quantity contract, which has a base period of six years worth appr...
TYSONS CORNER, VA, Sept. 27, 2021 — Kord Technologies, a KBR (NSYE: KBR) subsidiary, has completed a combat shoot-off at Fort Sill in Oklahoma as part of the Directed Energy Maneuver-Short Range Air Defense program, marking progress in its development of a directed energy system for U.S. Army, ExecutiveBiz reported Sept. 9. The demonstration showc...
