Processing....
The U.S. Army has awarded two separate firm-fixed-price contracts to Northrop Grumman (NYSE: NOC) and General Dynamics‘ (NYSE: GD) ordnance and tactical systems business for the procurement of 120 mm tank training rounds. The ammunition will be supplied to the service branch through Sept. 30, 2026, under a $66.7 million contract with Northrop ...
The State Department has approved Egypt’s request to procure Boeing-built (NYSE: BA) Chinook helicopters and associated equipment from the U.S. government under a potential $2.6 billion transaction. The Defense Security Cooperation Agency said Thursday the proposed foreign military sale includes 23 CH-47F cargo aircraft units along with machin...
Tim Phelps, former vice president and corporate controller of DCS, has transitioned to new roles as chief financial officer and treasurer at the Arlington Virginia-based professional services contractor. He replaces Tom Fradette, who retired as CFO and treasurer after a 14-year career at DCS, the employee-owned company said Thursday. Phelps has mana...
Brandi Smith, a two-decade shipbuilding industry veteran, has been promoted to vice president of the Columbia-class program at HII’s (NYSE: HII) Newport News Shipbuilding division. Smith, who serves as construction program director for the Columbia-class submarine, will assume her new position on June 1 and succeed Charles Southall, who will retir...
The State Department has approved the request of the Australian government to procure high mobility artillery rocket systems and related launcher equipment for approximately $385 million under the Foreign Military Sales program. The potential transaction includes 20 M142 HIMARS, 30 M30A2 guided multiple launch rocket systems, 10 M57 Army tactical mi...
Paul Leslie, retired chairman and CEO of Dovel Technologies, has joined the board of directors of Redhorse to provide consulting support and strategic guidance to the executive team as the company pursues growth initiatives. He will bring to Redhorse’s board his leadership experience, business insight and technical expertise in the field of fe...
Leidos (NYSE: LDOS) will maintain surface ship undersea warfare systems for the U.S. Navy and the governments of Australia and Japan under a contract worth potentially $291.9 million. The company will install AN/SQQ-89 combat system shipset hardware and perform logistics support work under the contract with an initial value of $24 million, the Depar...
Maxar Technologies (NYSE: MAXR) has secured a potential 10-year, $3.24 billion contract to provide commercial satellite imagery to the National Reconnaissance Office in support of U.S. defense and intelligence community missions. The Electro-Optical Commercial Layer contract is intended to help NRO continue to meet imagery acquisition requirements t...
Technology investment firm The Acacia Group has acquired The Baer Group, which provides tech consulting and services to customers in public and private sectors, for an undisclosed sum as part of efforts to address the increasing shortage of technical talent needed to support digital transformation efforts of government and industry clients. “We se...
Trend Micro has formed a new business unit with the goal of helping federal government clients protect data using threat defense methods. The U.S. federal business unit will be based in Washington, D.C., and will help customers secure digital transformation initiatives, implement zero trust and facilitate cloud migration efforts through its team of ...
