The State Department has approved a potential $7.3 billion foreign military sales request of Poland for equipment and services to help modify and upgrade the European country’s existing F-16 aircraft to the new Viper configuration. The Defense Security Cooperation Agency said Wednesday Lockheed Martin will be the principal contractor in the pr...
Raytheon has secured $676 million to continue manufacturing tube-launched, optically tracked, wire-guided TOW weapon systems for the U.S. Army. The awards comprise an annual production contract valued at $430 million from fiscal 2023 and an additional $246 million in 2024, Raytheon parent company RTX said Wednesday. Weapons Production in Tucso...
Anirban Bose will succeed Jim Bailey as CEO of the Americas strategic business unit of Capgemini, effective Nov. 1. Capgemini said Wednesday Bose was head of the company’s financial services SBU and a member of the group executive board from 2018. Commenting on the appointment, Capgemini Group CEO Aiman Ezzat said, “Anirban Bose has been...
Rick Garceau, former Federal Aviation Administration leader, was appointed vice president at Changeis. He will build on his four decades of experience in air traffic control management, safety management, technical training and space or UAS new entrant operations to identify and pursue new business opportunities for Changeis, the company said Wednes...
General Dynamics subsidiary Gulfstream Aerospace has won a U.S. Air Force contract worth approximately $991 million to provide logistics support services for C-20 and C-37 aircraft used to transport high-ranking government and defense officials. The Department of Defense said Wednesday the indefinite-delivery/indefinite-quantity contract includes ai...
Boeing subsidiary Millennium Space Systems has received a potential $386 million other transaction agreement from Space Systems Command to deliver a second plane of six Epoch 1 satellites for medium Earth orbit. “Once on orbit, Epoch 1 satellites will play a vital role in delivering advanced missile warning and tracking capabilities,” Lt. Co...
General Dynamics saw its third-quarter 2024 revenue increase 10.4 percent to $11.7 billion and reported operating earnings of $1.2 billion and $3.35 in diluted earnings per share, up 10.2 percent from the prior-year period. In an earnings report published Wednesday, the Reston, Virginia-based defense and aerospace contractor said it achieved a compa...
The State Department has awarded CGI Federal three task orders to provide visa application processing services in support of the Bureau of Consular Affairs in 25 countries. The U.S. operating subsidiary of CGI said Tuesday it will employ its CGI Atlas360 technology to support visa application processing in Scandinavia, Central Europe, China and Sout...
Lockheed Martin posted $17.1 billion in net sales and $1.6 billion in net earnings during the third quarter of 2024. The defense contractor said Tuesday in its financial results for the quarter ended Sept. 29 that its net sales grew 1 percent compared to $16.9 billion in Q3 2023. Business Segment Financial Results The aeronautics...
Integrated Data Services, a portfolio company of Arlington Capital Partners, has appointed industry veteran Tammer Olibah as president and CEO. Leading Delivery of Software to Federal Government Clients IDS said Tuesday Olibah will oversee the execution of the company’s strategic business growth initiatives and delivery of business management soft...
