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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...
General Dynamics’ (NYSE: GD) information technology business has unveiled a technology strategy to advance investments in the areas of zero trust, multicloud management, 5G, mission artificial intelligence and machine learning, software factory and automation for IT operations. GDIT said Wednesday it is leveraging those six digital accelerator are...
Amentum has formed a four-member committee that will advise the company on developing emerging technologies and agile engineering tools in support of Army training, testing and information operations programs. The U.S. Army Senior Advisory Committee comprises retired service leaders who bring expertise in military operations, policies and decision-m...
Maximus (NYSE: MMS) has won a position on a potential seven-year, $2.6 billion blanket purchase agreement to provide services to help the Internal Revenue Service modernize its technology infrastructure. The company said Wednesday it will compete for task orders under the Enterprise Development, Operations Services BPA and help consolidate over 400 ...
With a total funding revenue of $7.5 billion and a team of 18,000, the Food and Drug Administration is responsible for regulating consumables like grocery products as well as class one medical devices and invasive tools. Essentially everything you see in a hospital is managed by the FDA and an approximate 78 percent of everyday...
