LTM has been awarded a potential five-year, $124.1M contract to help the U.S. Navy's Fleet Readiness Center East integrate maintenance and supply functions across the naval aviation enterprise. The company will also perform logistical, technical and maintenance scheduling work to support NAE integration efforts, the Department of Defense said T...
Gary Cohn, formerly top White House economic adviser, has joined IBM (NYSE: IBM) as vice chairman and an executive leadership team member. He will support the technology company's business and external engagement initiatives in his new position, IBM said Tuesday....
Federal contract spending reached $681B in fiscal year 2020 driven by budget increases for agencies within the Department of Defense and efforts to address the COVID-19 pandemic, Bloomberg Government reported Tuesday....
Lockheed Martin (NYSE: LMT) has received a potential five-year, $750M contract from the U.S. Navy to modernize and maintain Aegis Combat Systems for six customers under the foreign military sales program....
Space systems technology developer LinQuest has completed its purchase of advanced engineering company TMC Design for an undisclosed sum. LinQuest CEO Tim Dills said in a statement published Tuesday the combination with TMC Design will allow LinQuest to create a suite of platforms to provide mission-essential capabilities that could help customers a...
Darryle Conway, former chief growth officer of economic and analytics consulting firm Nathan Associates, has been appointed to the same position at Constellis. He brings more than two decades of strategic planning and business development experience in the government and commercial markets to his new position, Constellis said Monday....
Bethesda, Maryland-based infrastructure investment firm Oroco Capital has completed its acquisition of the civil construction business from AECOM (NYSE: ACM) nearly one month after the latter company first announced the transaction....
Full Spectrum Operations has won a potential $142.2M contract from the U.S. Air Force to help the military service and the Missile Defense Agency maintain voice, data and video communication systems....
Naval Air Systems Command has awarded Lockheed Martin (NYSE: LMT) a $903.6M contract modification to obtain long-lead items, components and support services needed to build lot 16 F-35 jets for U.S. and international defense customers....
Boeing (NYSE: BA) has secured a $189.3M contract modification to procure kits, support equipment and contractor services for all-digital electronic warfare technology that will be integrated onto the U.S. Air Force's F-15 jets....
