General Dynamics (NYSE: GD) and Ellwood National Forge have won a $682.9 million contract with the U.S. Army to produce BLU-109 penetrator bomb bodies and parts for Turkey under a foreign military sales agreement. The Defense Department said Friday the companies will manufacture the bomb bodies and components through Dec. 31, 2020. The BLU-109 ...
The team of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) will not pursue a legal challenge in federal claims court of the U.S. Air Force™s award of the Long Range Strike Bomber contract to Northrop Grumman (NYSE: NOC), Bloomberg reported Friday. Julie Johnsson writes the decision comes a week after the Government Accoun...
TYSONS CORNER, VA, February 22, 2016 ” Tony Frazier, senior vice president of government solutions at DigitalGlobe (NYSE: DGI), has said the company uses deep-learning and crowdsourcing tools to analyze satellite imagery, ExecutiveBiz reported Thursday. GCN reported Wednesday that Frazier has pointed to MrGeo, NVIDIA graphics process...
The Government Accountability Office has denied the Boeing (NYSE: BA)-Lockheed Martin (NYSE: LMT) team’s protest of the U.S. Air Force‘s award of the highly-classified Long Range Strike Bomber contract to Northrop Grumman (NYSE: NOC) in a ruling that could give way for engineering and development work to start. Boeing and Lockheed hold a...
TYSONS CORNER, VA, January 15, 2016 ” Boeing (NYSE: BA) has upgraded six B-52 bomber planes of the U.S. Air Force with increased capacity for internal weapons, ExecutiveBiz reported Thursday. The company said Wednesday the upgraded internal weapons bay launchers can load up to eight Joint Direct Attack Munitions. “The upgrades t...
TYSONS CORNER, VA, January 7, 2016 ” Parsons has appointed a new group executive vice president to oversee its federal business unit’s global sales operations and strategy, GovCon Executive reported Wednesday. “[Gina Trombley] is an accomplished executive and has a proven track record of developing new businesses and markets, &...
SpaceX has acquired artificial intelligence company xAI as part of a push to combine the two companies under a single corporate structure to integrate AI development with space launch, satellite-based communications and related infrastructure. As SpaceX moves to integrate AI with space-based infrastructure, government and industry leaders continue t...
Geoforce has expanded its asset intelligence capabilities with the acquisition of AssetLink Global, a provider of satellite-enabled remote monitoring systems focused on defense and other field-centric industries. Geoforce said Thursday that the transaction strengthens its mission to provide real-time asset intelligence even in the most remote and ha...
HII has named Fatina Brave as vice president of infrastructure and sustainability at its Ingalls Shipbuilding division, placing a longtime shipyard leader in charge of key operational support functions tied to facilities, safety and maintenance. The company said Thursday that Brave succeeds Eric Crooker, who has moved into the role of vice president...
General Dynamics has recorded fourth-quarter net earnings of $1.1 billion and a revenue of $14.38 billion, with full fiscal year 2025 net earnings of $4.2 billion, an 11.3 percent year-over-year increase, and revenue of $52.55 billion, a 10.1 percent growth compared to fiscal 2024. Phebe N. Novakovic, the company’s chairperson and CEO and a ni...
