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Mark Cravens, a U.S. Marine Corps veteran who formerly served as general manager at USfalcon, has been promoted to vice president of operations at the Colorado-based professional services company. In his new role, Cravens will oversee strategic and operational functions within USfalcon’s air and space operations group, the company said Thursday. C...

Lockheed Martin (NYSE: LMT) has received a $58.8 million other transaction authority agreement to continue building prototypes of an electronic warfare and cyber capability for integration with the U.S. Army’s Stryker vehicles. The OTA agreement will run through October 2023 in support of a manufacturing proof of concept for the Army’s Terre...

Shift5, an Arlington, Virginia-based cybersecurity company, has closed a round of Series B financing led by Insight Partners and announced the participation of AEI HorizonX, a venture capital group formed by AE Industrial Partners and Boeing (NYSE: BA), in the funding round. The investment will enable Shift5 to expand its footprint in the defense an...

Guidehouse has added former hospital and state health leaders Michael Duke, Michelle Moratti, Joe Bialowitz and Mark Thomas to its health segment to help organizations modernize the delivery of health care services to communities, transform operations and finances and address market challenges. Duke, former chief information officer for a community ...

Elbit Systems (Nasdaq: ESLT) has secured a potential 14-year, $660 million contract to supply a European customer with intelligence systems. The company said Wednesday it will provide maintenance support to the unnamed client over a 10-year period as part of the deal. Last month, the Israeli defense contractor reported a pair of contracts worth a...

KBR (NYSE: KBR) is part of an Axiom Space-led industry team that will produce an astronaut spacesuit and spacewalk systems for NASA under a potential $3.5 billion milestone-based contract awarded in June. Houston-based KBR said Wednesday it will support Axiom Space in manufacturing design, test and verification efforts through the agency&#...

WidePoint (NYSE American: WYY) has received a $73.4 million task order from the U.S. Coast Guard for cellular managed services. The task order was awarded under the Cellular Wireless Management Services 2.0 blanket purchase agreement with the Department of Homeland Security and has a base performance period of six months with $7.9 million in funding...

Oshkosh‘s (NYSE: OSK) defense subsidiary has secured a $130 million delivery order from the U.S. Army to install a medium caliber weapon system into additional Stryker armored fighting vehicles. Oshkosh Defense will equip 95 Stryker Double-V Hull Infantry Carrier Vehicles with the 30mm MCWS for use by the branch’s Stryker Brigade Combat Team...