Northrop Grumman has received an other transaction agreement from the U.S. Army worth approximately $481.3 million to provide software updates for the military branch’s Integrated Air and Missile Defense Battle Command System, or IBCS. The Department of Defense said Thursday the company will perform work in Alabama, Florida, Maryland and Virgi...
Sarah Lord, a 20-year government contracting professional, has been named president of global protection and security engineering services provider System High. The Chantilly, Virginia-based company said Thursday Lord will lead its expansion efforts while achieving its strategic roadmap and prioritizing innovation, employee advancement and...
The State Department has approved a request from Japan to purchase $3.64 billion worth of AIM-120D-3 and AIM-120C-8 Advanced Medium-Range Air-to-Air Missiles, or AMRAAM, and related equipment. Japan’s AMRAAM Foreign Military Sale Details The Defense Security Cooperation Agency said Thursday it has notified Congress of the potential foreign mi...
Gladstone Investment has completed its acquisition of Ricardo Defense, adding the latter to its growing portfolio of businesses. The private equity fund said Thursday it funded the transaction with equity and senior secured debt. In December, Gladstone Investment and Proteus Enterprises signed a definitive agreement to buy Ricardo Defense. Christoph...
Avion Solutions has acquired Tennessee Valley Research Group, or TVRG, to expand its ability to deliver innovative technologies and services to customers across the Department of Defense. Avion said Thursday TVRG brings to the company its programmatic and technical expertise in tactical ballistic missile targets, laser technology systems and hyperso...
The Department of Energy’s National Nuclear Security Administration has announced plans to compete a potential 20-year, $36 billion recompete contract to manage and operate the Savannah River Site, or SRS. According to a presolicitation notice published Tuesday, NNSA expects to release the final request for proposals in the second quarter of f...
Steve Kutchi has been elevated to vice president of engineering and chief technology officer at Thales Defense & Security Inc., the executive shared on LinkedIn Wednesday. In his dual role, Kutchi will oversee TDSI’s technology strategy, product design and development and all engineering services, including engineering labs...
General Dynamics has promoted Alan Perkins, most recently vice president of engineering, to senior VP and general manager of munitions at its ordnance and tactical systems business. Perkins shared that he assumed the new role in a LinkedIn post published Wednesday. Alan Perkins’ Career Background In addition to serving as engineering VP, Perki...
Leonardo DRS has appointed industry veteran Bill Guyan as senior vice president of business development and president, international. Guyan announced his new position in a LinkedIn post published Wednesday. He brings to the role over two decades of industry experience in business strategy and management. Bill Guyan’s C...
Executive Mosaic’s GovCon Index struggled for most of December, with only seven daily gains in 19 trading days. The index, which tracks the stock performances of 30 major government contractors, declined 0.69% to $4,877.81 before the weekend. While the -0.13% overall loss from Dec. 23 to Dec. 27 was the lowest week-on-week decline this month,...
