The Department of State has approved the Egyptian government’s request to purchase the National Advanced Surface-to-Air Missile System. RTX will serve as the principal contractor for the proposed foreign military sale, which is estimated to be valued at $4.67 billion, the Defense Security Cooperation Agency said Thursday. The weapon system pur...
Defense technology company Parry Labs has appointed Amber Walker, most recently senior vice president of ground, C2 and maritime systems, as chief growth officer. In this capacity, Walker will report directly to Parry Labs CEO JD Parkes as she oversees enterprise growth efforts across all defense sectors with a focus on driving strategic partnership...
General Dynamics saw its fiscal 2025 second-quarter revenue increase 8.9 percent to $13 billion and reported $3.74 in Q2 diluted earnings per share, up 14.7 percent from the prior-year period. In an earnings release published Wednesday, the Reston, Virginia-based defense and aerospace contractor said its Q2 operating earnings rose 12.9 percent to $1...
The U.S. Navy has named HII Fleet Support Group and six other companies that secured spots in an indefinite-delivery/indefinite-quantity, multiple award contract to support the Naval Education Training Command’s Naval Training Products and Services program. The Department of Defense said Wednesday that the contract has a ceiling value of $240 ...
Electronic connector manufacturer Amphenol has acquired Narda-MITEQ from investment affiliates of private equity firm J.F. Lehman & Co., or JFLCO, for an undisclosed sum. Manufacturing RF, Microwave Tech for Defense Markets JFLCO said Thursday Narda-MITEQ designs and produces advanced radio frequency and microwave components and subsystems for d...
The Department of State has approved Ukraine’s $172 million foreign military sale request for HAWK Phase III missile system and sustainment items, services and related equipment. The principal contractors for the potential deal will be Sielman, RTX and PROJECTXYZ, the Defense Security Cooperation Agency said Wednesday. HAWK...
RTX reported $21.6 billion in sales during the second quarter of 2025, marking a nine percent year-over-year growth. Q2 2025 Highlights In an earnings statement published Tuesday, the aerospace and defense company reported a backlog of $236 billion at the end of the quarter, up 15 percent compared to the same period in 2024. This...
A Northrop Grumman business has received a potential five-year, $495 million contract from the U.S. Air Force to provide technical representative engineering support for major defense programs. Hear experts discuss the air and space branches’ latest contracting opportunities, tech advancements and more at the Potomac Officers Club’s 2025...
Microsoft has appointed Philippe Rogge, former CEO of Vodafone Germany, as corporate vice president of worldwide public sector. In a LinkedIn post published Tuesday, Rogge announced that his appointment marks his return to Microsoft, where he succeeds Angela Heise as head of worldwide public sector. “Public sector organizations around the worl...
David Broadbent, a former Intelsat and Raytheon executive, was officially appointed president and CEO of SES Space & Defense on July 17. Catch David Broadbent at the Potomac Officers Club’s 2025 Air and Space Summit on July 31 as he and other government contracting leaders discuss the latest air and space initiatives. The R...
