Intelligence analysis and cybersecurity company Daybreak is set to merge business operations with geospatial analytics firm Azimuth1 at the start of March. Manik Rath, a former executive at LMI and Alion Science and Technology, will serve as CEO of the combined entity named Daybreak LLC, the company said Monday. Jason Dalton, founder and CEO of...
Michael Bloomberg, founder and CEO of media conglomerate Bloomberg and former mayor of New York City, has been nominated by Defense Secretary Lloyd Austin to serve as chair of the Defense Innovation Board. He will lead a group of leaders and experts to provide recommendations and advice on technology and innovation to help the Department...
Northrop Grumman (NYSE: NOC) has received a sole-source contract worth $150 million to maintain and update an integrated electronic countermeasures system on the U.S. Air Force’s B-1B bomber planes. The company’s defense systems sector will provide engineering support and perform block cycle updates to the AN/ALQ-161A Operational Flight ...
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...
