Tria Federal, a middle-market tech and advisory services firm, has established a new group to build and test emerging technologies designed to address the challenges facing federal government customers. The company said Thursday Tria Federal Chief Technology Officer John Cho and a team of engineers, technologists and developers will lead the tech in...
CyberCore Technologies, now a wholly-owned subsidiary of HP’s (NYSE: HPQ) federal arm, has appointed Randy Anderson, a more than three-decade defense industry executive, as senior vice president of programs. The company said Thursday Anderson will lead program execution and drive on-contract growth initiatives across CyberCore’s business portfo...
Robert “Kelly” Ortberg was appointed president and CEO of Boeing (NYSE: BA), effective Aug. 8. The industry veteran will bring more than 35 years of aerospace experience and succeed Dave Calhoun, who is retiring from the company, Boeing said Tuesday. Ortberg, who was chairman, president and CEO of the former Rockwell Collins company, was...
An RTX (NYSE: RTX) business has secured a U.S. Army contract worth $2.1 billion for low-rate initial production of the Lower Tier Air and Missile Defense System. The Department of Defense said Wednesday Raytheon will perform contract work at its Andover, Massachusetts location over a four-year period. LTAMDS is a radar intended to defeat hypersonic...
Parsons (NYSE: PSN) posted a record revenue of $1.7 billion during the second quarter of 2024, reflecting a year-over-year growth of 23 percent, and ended the quarter with a total backlog of $8.8 billion with a book-to-bill ratio of 0.9x on net bookings of $1.5 billion. The Centreville, Virginia-based defense and infrastructure engineering company s...
Clear Ridge Defense, or CRD, has won a potential $113 million contract to support the cyberspace operations of various U.S. Marine Corps units. The cybersecurity consulting company said Tuesday the prime contract will cover critical cyberspace services for the Marine Corps Forces Cyberspace Command, Marine Corps Cyberspace Warfare Group, Joint Force...
The U.S. Navy has started soliciting proposals for a potential $939.6 million multiple-award contract to develop and produce Multifunctional Information Distribution System Weapons Data Link small weapons attritable family 2 radios. According to a solicitation notice published Tuesday, Naval Information Warfare Systems Command will launch a full and...
The State Department has approved a potential $600 million foreign military sales agreement with the government of Slovakia to buy 12 AH-1Z attack helicopters, 26 T-700 GE 401C engines and related equipment and services from the U.S. government. The Defense Security Cooperation Agency said Wednesday Textron’s (NYSE: TXT) Bell subsidiary and Ge...
TransDigm Group (NYSE: TDG) has finalized its acquisition of Raptor Scientific for approximately $655 million in cash. The Cleveland, Ohio-based aircraft component supplier said Wednesday Raptor Scientific, a portfolio company of L Squared Capital Partners, is a global manufacturer of test and measurement products for aerospace and defense end marke...
CGI’s (NYSE: GIB) U.S. government arm has agreed to acquire Aeyon to expand its portfolio of technology offerings and relationships with U.S. military agencies and other critical national security customers. CGI Federal said Tuesday both parties expect the transaction to conclude in the fourth quarter of fiscal year 2024, pending regulatory cleara...
