Egypt has asked to buy a dozen C-130J military transport planes and associated equipment from the U.S. government under a $2.2 billion foreign military sales proposal approved by the State Department. The Defense Security Cooperation Agency said Tuesday the proposed FMS deal for Lockheed Martin‘s (NYSE: LMT) Super Hercules offering seeks to ad...
On Tuesday, the Potomac Officers Club hosted its final installment of the informative Data-Driven 2021 Series, Fostering Resilient, All-of-Nation Pandemic Response, which acted as a dedicated platform for federal and industry health sector leaders to join in a synergistic discussion on the U.S.’ pandemic response and resilience efforts as new...
Lockheed Martin (NYSE: LMT) reported $17.7 billion in net sales during the fourth quarter of its 2021 fiscal year, up 4 percent from the prior-year period, and posted $2 billion, or $7.47 per share, in Q4 net earnings from continuing operations. The Bethesda, Maryland-based aerospace and defense contractor said Tuesday Q4 cash from operations reache...
Criterion Systems has won a $40 million task order to help the U.S. Forest Service modernize information technology systems and applications that support the interagency fire community mission. The company said Tuesday it will perform work for the agency’s Fire and Aviation Management-IT branch across nine capability areas under the Technical ...
Karey Malyszko, formerly the director of radiological controls at Huntington Ingalls Industries‘ (NYSE: HII) Newport News Shipbuilding division, has been promoted to vice president of the unit’s plant operations. She replaced Dru Branche, who retired from HII in December, and will manage waterfront support services, facilities, security ...
Mercury Systems (Nasdaq: MRCY) has secured a $165 million sole-source contract from the U.S. Air Force for production follow-on work in support of the secure mission data systems on the service branch’s F-16 fleet. The company will perform tasks as part of the third phase of the Air Force’s Small Business Innovation Research program, the...
Enlightenment Capital has purchased Boecore, a provider of technology platforms in space, hypersonics, strategic deterrent and missile defense sectors, for an undisclosed sum. Colorado-based Boecore provides software, cybersecurity and network and systems engineering support to federal government and military customers, the companies said in a joint...
ExecutiveBiz featured Ken Folderauer, vice president of Comcast Government Services, in its most recent Executive Spotlight interview published Tuesday. He provided details on the company’s efforts in the federal landscape and work to solidify its position to create a stronger digital future. Other discussions focused on Comcast Government Ser...
Bank of America’s global crypto and digital asset specialists forecast that the U.S. could advance and introduce a central bank digital currency as early as 2025, BloombergQuint reported Tuesday. CBDCs “are an inevitable evolution of today’s electronic currencies,” BofA strategists Alkesh Shah and Andrew Moss wrote in the report. Both st...
Executive Mosaic is pleased to present the Honorable Juan Zarate, global co-managing partner and chief strategy officer of K2 Integrity, as a recipient of the prestigious 2022 Wash100 Award, which annually recognizes elite public and private sector leaders for their influential contributions in the government contracting community. This marks Zara...
