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LevelBlue has agreed to acquire Trustwave, a provider of cybersecurity and managed detection and response services, from the MC2 Security Fund, which is sponsored by The Chertoff Group.  Robert McCullen, chairman and CEO of LevelBlue, said Tuesday that the transaction is a pivotal moment not just for his company but for the entire cybersec...

Lockheed Martin has received three contracts worth $3.1 billion combined from the Missile Defense Agency and U.S. Navy to provide continued support for the Aegis Ballistic Missile Defense weapon system. Aegis BMD Combat Systems Engineering Agent Award  The Department of Defense said Tuesday Lockheed’s rotary and mission systems business w...

Boeing has named Stephen Parker as the permanent CEO of its defense, space and security business. Parker’s appointment comes after serving as interim leader of the Boeing business unit since September 2024. Who Is Stephen Parker? Parker was previously BDS’s chief operating officer, overseeing business operations that include quality, man...

Parsons has acquired Chesapeake Technology International, a Bluestone Investment Partners portfolio company, for approximately $89 million as part of a push to expand its electromagnetic warfare and all-domain offerings for the U.S. defense market. Parsons said Tuesday the transaction aligns with its strategy of broadening its portfolio of critical ...

General Dynamics Land Systems has secured a cost-plus-fixed-fee, cost-plus-incentive-fee contract valued at $150 million to support the Abrams Engineering Program.  The Department of Defense said work on the contract will be performed at the company’s facility in Sterling Heights, Michigan, until June 2027.  The Army solicited bids f...

The Department of State has approved Israel’s $510 million foreign military sale request to procure munitions guidance kits, munitions support and related equipment. Israel intends to buy 3,845 Joint Direct Attack Munition guidance kits for the BLU-109 bomb body and 3,280 JDAM guidance kits for the MK 82 bomb body, the Defense Security Cooperation...

Hewlett Packard Enterprise and Juniper Networks have reached a settlement with the Department of Justice, paving the way for HPE to finalize its proposed $14 billion acquisition of the networking products provider. HPE President and CEO Antonio Neri welcomed the agreement with DOJ, saying it maintains the transaction’s intended benefits to sha...

The U.S. Army has awarded Raytheon a $279.2 million cost-plus-fixed-fee contract to provide functional management support for the Land-based Phalanx Weapon System. Work locations and funding will be determined with each order, with an estimated completion date of July 7, 2030, the Department of Defense said. The Army Contracting Command, located at ...

Andy Green, president of the mission technologies division and executive vice president of HII, has accepted the 2025 Wash100 Award from Jim Garrettson, CEO of Executive Mosaic. The Wash100 Award is conferred annually to 100 government and government contracting leaders for driving innovation and growth within their respective organizations and thei...