Lockheed Martin (NYSE: LMT) has initiated talks with suppliers to generate $5 billion in cost savings on the F-35 program as the company negotiates a contract to produce the 11th batch of fighter jets, Bloomberg reported Tuesday. Julie Johnsson and Anthony Capaccio write Lockheed CEO Marillyn Hewson, also an inductee into Executive Mosaic™...
Lockheed Martin‘s (NYSE: LMT) rotary and mission systems business has secured a $98.5 million contract modification to update the U.S. Navy‘s AN/SLQ-32 electronic warfare system. The Defense Department said Friday the modification covers full-rate production of the Surface Electronic Warfare Improvement Program‘s Block 2 ...
Herbert œHawk Carlisle, a retired Air Force general, has been appointed president and CEO of the National Defense Industrial Association in a move that will take effect in June. Carlisle will succeed Craig McKinley, who announced plans in August 2016 to retire after a two-year term as NDIA™s president and CEO. œHawk is a seasoned...
Northrop Grumman (NYSE: NOC) has been awarded a potential $812 million contract by the U.S. Navy to manufacture gun mission modules for the service branch’s Littoral Combat Ships. The company will also support basic outfitting assembly installation, engineering, sustainment and interim depot-level maintenance of LCS gun mission modul...
Shareholders at CenturyLink (NYSE: CTL) and Level 3 Communications (NYSE: LVLT) have separately approved the deal originally announced in October 2016 for CenturyLink to buy Level 3 for approximately $34 billion in a cash-and-stock transaction. Holders of approximately 81.2 percent of all outstanding shares in Level 3 voted in favor o...
Weekly Roundup March 13 – March 17 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson It™s been a busy week for the Trump administration, with further federal budget alterations, official appointments and executive orders. The changes implemented by President Trump a...
Executive Mosaic, Tysons Corner, VA March 15, 2017 ” Joe Ayers, vice president and general manager for the federal enterprise group at Hewlett Packard Enterprise, has been named to this year’s Executive Mosaic Wash100 for his leadership in systems integration and data storage. The Wash100 is the premier group of private and public se...
https://www.youtube.com/watch?v=og86EPpEsVs The innovative SeaRAM system combines key attributes of the Phalanx® close-in weapon system and the RAM„¢ guided weapon system. Discover how this system provides the highest level of ship self-defense....
Constellis has agreed to buy Centerra Group and its subsidiaries from an Alvarez & Marsal Capital affiliate for an undisclosed sum in a move to expand Constellis™ U.S. footprint and build up its relationships with government customers in the risk management sector. Both companies expect to complete the transaction in the second quarter...
Executive Mosaic, Tysons Corner, VA March 13, 2017 ” Barbara Humpton, president and CEO of Siemens™ U.S. federal government subsidiary, has been included in this year’s Executive Mosaic Wash100 for her leadership in energy conservation programs. The Wash100 is the premier group of private and public sector executives selected by...
