Explore the largest military shipbuilding companies, building the U.S. Navy and Coast Guard fleet and ensuring maritime strength and security. Strengthening maritime presence has consistently remained a key priority of the U.S. federal government. In pursuit of this objective, the military engages in contracts with the largest shipbuilding co...
The Federal Trade Commission and the Department of Justice are seeking public comments on a draft update of guidelines meant to help federal regulators determine if merger and acquisition deals affect U.S. market competition. FTC said Wednesday the draft enforcement manual outlines 13 guidelines agencies may use to determine whether a proposed...
Each year, the federal government allocates substantial funding toward defense and security contracts. Government agencies, such as the Department of Defense and the US Armed Forces, tap into the expertise of multiple companies dedicated to developing and providing cutting-edge solutions for defense and warfare initiatives across various domains, su...
To maintain preparedness for current and future conflicts, the U.S. Army has embraced the “Army of 2030,” a momentous modernization effort designed to shift the service branch’s priorities to fit the characteristics of today’s international competition and deploy the technologies necessary to succeed in the evolving battlefield. The pla...
Lockheed Martin (NYSE: LMT) will continue providing the U.S. Navy with AN/SQQ-89A (V) 15 anti-submarine warfare systems, spares and support services under a $100 million contract modification. The Department of Defense said Thursday Lockheed’s rotary and mission systems business was contracted for work on Hypervisor Technology Zero AN/SQQ-89A ...
The Biden administration has released its first iteration of a multi-year plan to implement the U.S. federal government’s new national strategy to defend cyberspace. The implementation plan outlines more than 65 high-impact initiatives assigned to specific federal agencies and aligned with the five pillars and 27 strategic objectives of the Na...
RTX (NYSE: RTX) has secured a potential $282.6 million contract to modernize the Rolling Airframe Missile, a ship self-defense capability, for the U.S. Navy and three foreign military customers. The award from Naval Sea Systems Command covers design agent and engineering support to the MK 31 Guided Missile Weapon System Improvement Program, the Depa...
The European Commission has approved Broadcom‘s (Nasdaq: AVGO) proposed $61 billion acquisition of multicloud services provider VMware (NYSE: VMW) following the completion of an in-depth review. Broadcom said Tuesday the two companies believe combining their operations would not hamper cloud market competition and could provide enterprise cust...
In recent years, space has become a warfighting domain as global tensions rise, new threats emerge and the peer competition heats up. Now, more than ever, the ability to collect, process, and understand intelligence from space is critical to gaining and maintaining technological dominance on the global stage. Under its eighth director, Vice Admiral...
As the digital world continues to expand, cybersecurity, data and new technologies are rising to the forefront and becoming essential to government and industry organizations alike. M9 Solutions President and Chief Revenue Officer Sean DuGuay sat down with Executive Mosaic to discuss how the defense landscape is changing, which emerging technol...
