Five companies will each receive a $72 million task order from the Washington Headquarters Services for non-personal services in support of the Office of the Department of Defense Chief Information Officer. Analytic Services, Booz Allen Hamilton (NYSE: BAH), CACI International (NYSE: CACI), Leidos (NYSE: LDOS) and Science Applications International ...
Northrop Grumman (NYSE: NOC) has won a five-year, $533.8 million contract to manufacture fuze devices for U.S. Army artillery. The branch’s contracting command received two bids for the M782 multi-option fuze procurement via an online solicitation and expects work under the firm-fixed-price contract to be complete by July 26, 2027, t...
Vimal Kapur, president and CEO of the performance materials and technologies group at Honeywell (Nasdaq: HON), has assumed an additional dual role as the global conglomerate’s president and chief operating officer. He will oversee the execution of key sustainability and digital transformation initiatives and advance the adoption of Honeywell A...
Lockheed Martin (NYSE: LMT) has received a five-year, $213.3 million contract from the U.S. Navy to help modernize an F-35 data center located at Eglin Air Force Base in Florida. The company will perform engineering, maintenance, logistics and material support work for the modernization of the Australia Canada United Kingdom Reprogramming Laboratory...
BAE Systems has secured a two-year, $299 million order from the U.S. Army to manufacture additional self-propelled howitzers and carrier ammunition-tracked vehicles. The company said Wednesday it will produce and deliver 40 sets of M109A7 howitzers and M992A3 CAT platforms and spare parts to the service branch. Work will occur at BAE locations in Pe...
A Thales subsidiary has acquired the remaining stake of Leonardo DRS in Advanced Acoustic Concepts, the joint venture between the two organizations, for an undisclosed amount as part of the former’s efforts to expand engineering offerings for the U.S. military. Thales Defense & Security Inc. now has full ownership of AAC, which generated $...
ExecutiveBiz featured Sean Berg, president of global government and critical infrastructure at Forcepoint, in its most recent Executive Spotlight interview published Wednesday. He talked about the company’s focus on the federal sector as a driver for long-term growth, its recent acquisitions to complement existing capabilities, and how zero tr...
The Defense Threat Reduction Agency has selected Obsidian Solutions Group, Veteran’s First and RMGS to provide assessments, exercises and modeling and simulation support under a potential $850 million multiple award contract. The three small businesses were among 18 offerors for the indefinite-delivery/indefinite-quantity contract that includes ba...
U.S. senators voted 64-33 Wednesday to approve a $280 billion funding bill that would give more than $52 billion to domestic semiconductor production, manufacturing research, workforce training and laboratory-to-fabrication transition programs. The CHIPS and Science Act of 2022, which is now headed to the House of Representatives for approval, also ...
Raytheon Technologies (NYSE: RTX) posted $16.31 billion in sales for its fiscal year 2022 second quarter, up 4 percent on an organic basis over the prior-year period and reported adjusted earnings per share rose from $1.03 to $1.16 per share. The Arlington, Virginia-based defense and aerospace contractor attributed the higher sales to a strong start...
