ExecutiveBiz featured Cliff Gornto, senior vice president of business development at KBR, in its most recent Executive Spotlight interview published Tuesday. He talked about the company’s past acquisitions and how they contributed to its portfolio, technical capabilities and customer value. Gornto also discussed KBR’s recent quarterly re...
Al Tadros, a more than three-decade space industry veteran, has assumed the chief technology officer post at Redwire (NYSE: RDW), succeeding Michael Snyder, who will now serve as technical fellow at the Florida-based aerospace manufacturer and space infrastructure technology company. Redwire said Tuesday Tadros’ transition from his recent role...
An Austal shipbuilding business in Mobile, Alabama, will design and build a 16th Expeditionary Fast Transport vessel for the U.S. Navy, under a $230.5 million contract modification. Austal USA expects to start its construction of EPF 16 later this year and aims to deliver the next Spearhead-class ship sometime in 2025, the company said Tuesday....
Momentus (Nasdaq: MNTS), a San Jose, California-based provider of in-space transportation and infrastructure services, has announced the appointment of aerospace industry veterans Charles Chase, Nick Zello and Gary Bartmann to vice president positions. Chase and Zello will respectively serve as VP of engineering and VP of operations, while Bartmann ...
Leidos (NYSE: LDOS) saw its first-quarter revenue for the fiscal year 2022 climb 5 percent to $3.5 billion and posted $177 million in net income and diluted earnings per share of $1.25 during the quarter. The Reston, Virginia-based technology services contractor said Tuesday the sales growth from the prior-year period across reportable segments was ...
Chad Haferbier, vice president of multidomain operations solutions at Leidos (NYSE: LDOS), said agencies seeking to advance modernization should transition to open-architecture, nonproprietary frameworks that “enable rapid, iterative improvements.” “Open architectures also enable agencies to prioritize interoperability and data sharing between...
Executive Mosaic is pleased to announce that John Sherman, chief information officer for the Department of Defense (DOD), officially received his 2022 Wash100 Award during the 3rd Annual CIO Summit from Potomac Officers Club where Sherman was featured as the leading keynote speaker. John Sherman was presented with the most prestigious and acclai...
Emcore (Nasdaq: EMKR) has completed its acquisition of the space and navigation unit of L3Harris Technologies (NYSE: LHX) for approximately $5 million in cash. The transaction, which was first announced in February, covers intellectual property and outstanding assets and liabilities of the L3Harris business segment including a leased facility in Bud...
GlobalFoundries (Nasdaq: GFS) will manufacture semiconductors for use in national security systems under a $117 million agreement with the Department of Defense. DOD said Monday its investment under the Defense Production Act Title III is a follow-on to an $8 million contract awarded to the company in 2021 and will give defense and aerospace custome...
NuScale Power will begin trading Tuesday, May 3, on the New York Stock Exchange after it completed its merger with blank check company Spring Valley Acquisition (Nasdaq: SV) that was first announced in December. Shareholders at special purpose acquisition company Spring Valley approved the business combination Thursday and the combined entity will o...
