In recent years, the Department of the Air Force has made significant strides in its modernization journey, but the service is still dealing with lingering issues, alongside emerging ones, as it continues to stretch its area of responsibility over two of the world’s largest, most quickly evolving domains. The DAF’s number one challenge today is...
HII’s (NYSE: HII) mission technologies division will provide decisive mission actions and technology services to the Department of Defense under a potential five-year, $826 million task order. The company said Monday it will perform support work for military services, research laboratories, national intelligence agencies, combatant commands and fo...
A partnership between L3Harris Technologies (NYSE: LHX) and Air Tractor has won a potential $3 billion indefinite-quantity/indefinite-delivery contract to build a fleet of up to 75 fixed-wing aircraft for U.S. Special Operations Command. L3Harris said Monday the industry team will provide its single-engine Sky Warden platform to SOCOM’s Armed ...
SES has completed its $450 million acquisition of DRS Global Enterprise Solutions, formerly owned by defense contractor Leonardo DRS. SES said Monday it will merge the newly acquired business with the company’s government solutions subsidiary in a push to bring multi-orbit satellite communications services to the Department of Defense and othe...
By Light Professional IT Services looks to expand its product portfolio with its recent acquisition of Veraxx Engineering, a Chantilly, Virginia-based provider of flight simulation training platforms and exercises. Bob Donahue, founder and CEO of By Light, said in a statement published Monday that the modeling and simulation and virtual training cap...
ExecutiveBiz featured James Gordon, CEO of DRT Strategies and a 2022 Wash100 Award recipient, in its most recent Executive Spotlight interview published Monday. He talked about his move to DRT Strategies and his goal to expand the company on multiple fronts: customer base, products and services, brand and workforce. Gordon also discussed how D...
Northrop Grumman (NYSE: NOC) has won a potential five-year, $3.29 billion contract from the Missile Defense Agency to design, build, test and deploy a next-generation weapon system for defending against ballistic missile strikes. The company will aim to produce Ground-Based Midcourse Defense software and hardware that would exceed the performance of...
General Dynamics (NYSE: GD) logged a $766 million profit for the second quarter of its 2022 fiscal year and $9.2 billion in revenue, figures respectively 3.9 percent higher and relatively flat compared to the same period last year. The Reston, Virginia-based defense contractor said Wednesday earnings totaled $2.27 per share, up 5.4 percent from the...
BAE Systems has secured a two-year, $299 million order from the U.S. Army to manufacture additional self-propelled howitzers and carrier ammunition-tracked vehicles. The company said Wednesday it will produce and deliver 40 sets of M109A7 howitzers and M992A3 CAT platforms and spare parts to the service branch. Work will occur at BAE locations in Pe...
A Thales subsidiary has acquired the remaining stake of Leonardo DRS in Advanced Acoustic Concepts, the joint venture between the two organizations, for an undisclosed amount as part of the former’s efforts to expand engineering offerings for the U.S. military. Thales Defense & Security Inc. now has full ownership of AAC, which generated $...
