The State Department has approved Romania’s request to purchase AIM-120 Advanced Medium Range Air-to-Air Missiles and related equipment. The Defense Security Cooperation Agency said Thursday it has notified Congress of the possible $592 million foreign military sale, under which RTX (NYSE: RTX) will serve as the principal contractor.&nbs...
The U.S. Space Force’s innovation arm has selected nine small companies as contract awardees under the Program Year 2024.2 Strategic Funding Increase initiative to help move their defense technologies from the developmental phase to full production and deployment. The PY24.2 cohort for the SpaceWERX STRATFI program accounts for $146 million in...
Heico (NYSE: HEI) has completed its cash acquisition of the aerial delivery and descent devices divisions of Capewell Aerial Systems, a provider of proprietary aircraft cockpit emergency egress and aerial delivery products for aerospace and defense applications. The company said Thursday Capewell’s hardware has been used on U.S. military parac...
V2X (NYSE: VVX) has secured a five-year, $3.7 billion task order from the U.S. Army to ensure warfighter readiness against a wide range of threats. The McLean, Virginia-headquartered contractor said Wednesday that it will provide a flexible enterprise technology meant to enable the Army to employ critical training devices worldwide. The ...
Iridium Communications (Nasdaq: IRDM) has appointed senior finance executive Vincent O’Neill as chief financial officer and business development leader Timothy Last as executive vice president of sales and marketing, effective Jan. 1. The McLean, Virginia-based company said Wednesday O’Neill will succeed the retiring Thomas Fitzpatrick, ...
Ted Davis, a retired U.S. Air Force colonel, has been elevated to the role of president and general manager of Auterion Government Solutions, a robotics and autonomous systems software company. Auterion said Tuesday he served as vice president of government solutions before his promotion and will now succeed Errol Farr, who is taking an ad...
Viasat (Nasdaq: VSAT) has received a potential five-year, $153.4 million contract from the Defense Information Systems Agency to provide support services for Project Manager Mission Command’s Blue Force Tracker 2 requirement. DISA announced the sole-source award in a notice published Wednesday on SAM.gov. Under the contract, the vendor will su...
General Dynamics Information Technology has named Chris Internicola, a more than 25-year project management and growth leader, as vice president of capture for the federal civilian division. Internicola announced his new role at the General Dynamics (NYSE: GD) subsidiary in a LinkedIn post published Wednesday. In this capacity, he will support the d...
Mobix Labs (Nasdaq: MOBX) intends to acquire electromagnetic interference technology provider J-Mark Connectors in an effort to boost revenue and grow its military aerospace footprint. The Irvine, California-based semiconductor company said it expects the acquisition to close in August and to enhance sales strategy and boost gross margins for Mobix ...
Lockheed Martin‘s (NYSE: LMT) rotary and missions systems business has secured a $113.6 million contract modification from the U.S. Navy for shipboard electronic warfare systems. The award exercised an option for full rate production of Surface Electronic Warfare Improvement Program, or SEWIP AN/SLQ-32(V)6 and AN/SLQ-32C(V)6 systems, the Depar...
