Over 200 industry professionals were attendance on Wednesday as the Potomac Officers Club convened at the Defense Research and Development Summit to discuss the programs that those in the intelligence community know that they cannot talk about without a clearance. Given the rapid pace that technology advances in the private sector, the Department of...
Thomas Kennedy, chairman and CEO of Raytheon (NYSE: RTN), has said he expects the company to gain a controlling share of a potential $8 billion market for surface-to-surface missiles over a decade, Defense News reported Tuesday. Kennedy said Thursday at the company™s earnings call that the proposed Naval Strike Missile is ready to transition to...
TYSONS CORNER, VA, Jan. 30, 2018 ” An affiliate of General Atomics will develop, deliver and sustain software for the Air Force Special Operations Command’s and Air Combat Command’s MQ-9 Reaper unmanned aerial vehicle under a potential $49.3 million task order, ExecutiveBiz reported Monday. The Defense Depar...
TYSONS CORNER, VA, Jan. 30, 2018 ” Lockheed Martin (NYSE: LMT) will provide hardware and services to help advance U.S. Air Force programs for updates to the Global Positioning System control segment under a potential $10.8 million contract modification, ExecutiveBiz reported Monday. The Defense Department said Friday the award covers ...
Greg Jones, former vice president of corporate business development and international programs at Orbital ATK (NYSE: OA), has been named senior VP of strategy and business development at Aerojet Rocketdyne (NYSE: AJRD) in a move that takes effect Feb. 5. Aerojet Rocketdyne said Monday Jones will oversee strategic planni...
https://www.youtube.com/watch?v=L_cQrb5P-Jc Commander, Task Force (CTF) 75 showcases local Guam activities and sites for Sailors permanently assigned to units under CTF-75’s operational control at Naval Base Guam. CTF 75 provides expeditionary combat capabilities in the U.S. Navy’s 7th Fleet area of responsibility. CTF 75 is capable of p...
Weekly Roundup January 22 – January 26, 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson On Thursday, January 25th Executive Mosaic announced the recipients of the 2018 Wash100 award, the most influential and impactful executives of consequence at the intersection of go...
Serco Inc., the British contractor’s North American business, has wrapped up its acquisition of Ludlow, Massachusetts-based technology and professional services contractor BTP Systems. Both companies first announced the deal in October of last year and Serco Inc. said Friday it plans to integrate BTP operations within its c...
A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector reached $72 billion in 2017, exceeding the previous record of $67 billion set in 2015. PwC reported that A&D companies worldwide recorded 454 M&A transactions last year with an average deal size of $411 million. Signific...
Raytheon (NYSE:RTN) has received a potential $92 million contract to engineer and provide technical support for Stinger air defense systems of the U.S. Army, Taiwan and Poland. The Defense Department said Thursday it expects the company to complete work under the combined domestic and foreign military sales contract by Dec. ...
