The board of directors at Lockheed Martin (NYSE: LMT) has approved a cash dividend of $2.80 per share for the third quarter of its 2022 fiscal year. Shareholders of record as of the close of business on Sept. 1 will receive the dividend on Sept. 23, the company said Thursday. The Bethesda, Maryland-based aerospace and...
Sealing Technologies has named industry leaders Brandon Whalen, Jennifer Jenkins and Gene Dollarhide to its leadership team to serve as head of three mission areas as part of an updated structure meant to better support internal operations and advance cybersecurity mission. Whalen will serve as mission director of SealingTech’s security-enhanced i...
ExecutiveBiz featured Dave Rey, president of Salesforce Global Public Sector, in a recent Executive Spotlight interview published Wednesday. He talked about the government’s focus on enhancing digital services and customer experiences and in connection, the company’s efforts to drive growth and innovation for its government customers. Th...
Heather Young, a sales professional with more than 15 years of government market experience, has been appointed regional vice president of public sector sales at cyberecurity company Claroty. In her new role, Young will lead public sector engagements focused on critical infrastructure security and help introduce Claroty’s secure remote acces...
The British government on Thursday initiated a consultation on Cobham’s proposed acquisition of U.K.-based defense contractor Ultra Electronics to address national security issues associated with the planned transaction. In August 2021, Cobham agreed to acquire Ultra Electronics for approximately $3.6 billion. The proposed undertakings that Cobham...
The U.S. Navy has selected Communications & Power Industries and Stellant Systems to repair crossed-field amplifiers for the AEGIS Combat System under a five-year, $90.8 million contract. The multiple-award, indefinite-delivery/indefinite-quantity contract will involve fixing double-duty, water-cooled vane and single-duty CFA electron tubes, the...
Four companies have received separate contracts worth a combined $103.4 million over five years to support spaceflight and aircraft management systems at NASA’s Johnson Space Center in Texas. The Mission Enabling Services Contract consists of five individual contracts that are divided into three work segments, intended to primarily support the...
James Myers, a retired U.S. Army colonel, has joined Applied Research Associates as vice president of program innovation and growth. In this capacity, he will seek defense-related opportunities and programs to enable ARA to deliver novel platforms for national security applications, the company said Tuesday. Myers “is the right person at the right...
The U.S. Navy has ordered an additional two MQ-4C Triton unmanned aircraft systems from Northrop Grumman (NYSE: NOC) under a $248.2 million contract modification. Northrop will build the autonomously operated vehicles as part of the program’s lot five low-rate initial production, the Department of Defense said Wednesday. The service branch wil...
Brent Abbott, a three-decade business development strategist in the space industry, has been appointed chief revenue officer at Rogue Space Systems. He will oversee the company’s defense and commercial sales, customer experience and marketing efforts as CRO, Rogue Space said Wednesday. Abbott previously served as CEO of NanoAvionics U.S. and helpe...
