John Tierney, an L3Harris Technologies (NYSE: LHX) veteran, has assumed the role of VP and general manager of the surface and C5 systems segment newly established under the company’s integrated mission systems business. He will be in charge of leading a global team that provides autonomous surface vessels, integrated command, control, compute...
GovCon industry veteran Damian DiPippa has been appointed CEO of Aretum, the newly created government services platform company within Renovus Capital Partners. Atif Gilani, founding partner at Renovus Capital, said in a statement published Thursday DiPippa’s experience and knowledge of the government services sector will enable him to impleme...
Lentech, a small disadvantaged business that offers information technology and space systems engineering support to government customers, has purchased the assets of fellow IT company Eclipse Engineering. Eclipse will become a division of Lentech and the combined organization will have software, cloud, cyber service offerings for federal civilian, d...
General Dynamics (NYSE: GD) reported $9.9 billion in revenue during the first quarter of 2023, up 5.2 percent from the prior-year period, and ended the quarter with a total backlog of $89.8 billion, of which $77.1 billion was funded. The Reston, Virginia-based defense contractor said Wednesday the companywide backlog represented a 3 percent increase...
The State Department has cleared Norway’s request to procure MH-60R multimission helicopters and C-130J transport aircraft sustainment services under a pair of foreign military sale deals worth approximately $1.16 billion combined. Norway asked to buy six anti-submarine and anti-surface warfare helicopters equipped with tactical data link radi...
Ensco has acquired rail infrastructure inspection system provider KLD Labs through an equity purchase transaction. The two companies will combine their technology platforms and engineering services to help customers inspect train tracks and vehicles, Ensco said Tuesday. Hauppauge, New York-based KLD offers digital tools to support automated manageme...
Raytheon Technologies (NYSE: RTX) reported $17.2 billion in sales during the first quarter of 2023, up 10 percent from the prior-year period, and saw earnings for the period rise 6 percent to $1.22 per share. The Arlington, Virginia-based aerospace and defense contractor said Wednesday it ended the quarter with a record backlog of $180 billion...
Artificial intelligence has exploded in recent months, and in the public sector, officials are harnessing AI technology across a myriad of missions, information technology operations, weapons systems and more. Executive Mosaic spoke with ECS President John Heneghan, a 2023 Wash100 Award winner, in a new video interview to get his thoughts on whic...
A report from the Stockholm International Peace Research Institute shows that amid high inflation, U.S. defense spending hit $877 billion in 2022, accounting for 39 percent of total military expenditure worldwide and reflecting a 0.7 percent real terms increase in spending. SIPRI said Monday the U.S. earmarked $295 billion to military operations and...
The U.S. Air Force has released a presolicitation notice for a range of services in support of electromagnetic systems, events and signatures over a potential 10-year period. According to a draft request for proposals posted Friday on SAM.gov, Sensor Beam 2024 is a sole-source contract with a ceiling of $400 million, a base ordering period...
