Nazzic Keene, CEO and a member of the board of directors at Science Applications International Corp. (NYSE: SAIC), plans to retire after a decadelong career at SAIC. Toni Townes-Whitley, a 35-year technology veteran, will succeed Keene in the chief executive role and on SAIC’s board, effective Oct. 2, but will join the company as CEO-elect...
SpiderOak has received investments from the venture capital arms of Accenture (NYSE: ACN), Raytheon Technologies (NYSE: RTX) and Stellar Ventures and will use the capital to speed up the deployment of zero-trust, cybersecurity platforms for government and commercial clients operating in the space sector. SpiderOak said Thursday the investment will h...
Austal USA will lead an industry team to design and build a maximum of seven ocean surveillance vessels for the U.S. Navy under a potential $3.2 billion contract. Naval Sea Systems Command received two bids for the T-AGOS detail design and construction project and the service branch will obligate $113.9 million at the time of...
The Intelligence Community has identified five guiding priorities as it works to build a more secure, interoperable and efficient information technology enterprise and further its mission, according to Adele Merritt, the chief information officer at the Office of the Director of National Intelligence. In her keynote address Wednesday ...
A Lockheed Martin (NYSE: LMT) business segment has received two U.S. Air Force contracts totaling $1.19 billion to manufacture cruise missiles. The company’s missile and fire control unit will produce lot 21 Joint Air-to-Surface Standoff Missile systems under a $750.5 million firm-fixed-price contract and lot seven Long-Range Anti-Ship Missile...
Eight companies have won spots on a potential five-year, $800 million contract to provide support services for the U.S. Agency for International Development to help improve development outcomes in countries affected by conflict, fragility and violence. USAID announced the awardees on the Programming for Prevention and Peacebuilding indefinite-delive...
Frank Muth, a retired U.S. Army major general who most recently served as a vice president at Textron Systems, has been elevated to the role of senior VP for strategy and innovation. Muth announced his new role in a LinkedIn post published Thursday. He joined Textron Systems in 2020 and led its global military sales...
BAE Systems will expand its research and development work on precision guided munition technology under a $72.5 million contract from the U.S. Army’s Combat Capabilities Development Command Armaments Center. R&D services under the three-year contract center on the XM1155-SC projectile as part of the branch’s long-range precision fire...
Thomas Weidley, chief operating officer at Capewell since November 2021, has been promoted to CEO at the Connecticut-headquartered aerial delivery and survivability equipment manufacturer. Capewell said Thursday Weidley replaces interim CEO Lane Wiggers and takes the helm as the company looks to grow its global defense market footprint. He served 34...
Elbit Systems (Nasdaq: ESLT) has booked a five-year, $305 million contract to manufacture 20 autonomous artillery rocket systems for the Dutch army under a government-to-government agreement. The Israel-based defense company said Thursday it will supply Precise and Universal Launching System to the Netherlands for installation on the military c...
