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Lockheed Martin (NYSE: LMT) has completed its purchase of the hypersonic strike and defense business from Huntsville, Alabama-based software and systems engineering firm Integration Innovation Inc. for an undisclosed amount. Former i3 CEO Mike Wicks joined Lockheed as vice president for the Bethesda, Maryland-based firm's Hypersonic Engineering...

Raytheon Technologies (NYSE: RTX) has secured a potential nine-year, $453M contract to help the U.S. Air Force modernize aircraft engines. The company will develop engineering modifications, design support equipment, perform repair work, address identified deficiencies and support engine service life maintenance or extension under the Component Impr...

Boeing's (NYSE: BA) joint venture with Textron's (NYSE: TXT) Bell subsidiary will provide engineering and logistics support for U.S. and Japanese V-22 Osprey military tiltrotors under a one-year, $188.6M contract modification from the Defense Logistics Agency....

Deborah Sutton, a more than two-decade human resource veteran, has taken the role of vice president for HR at Reston, Virginia-based systems integrator iGov....

The incoming administration of President-elect Joe Biden should build on executive actions implemented under the Defense Production Act amid the coronavirus pandemic and expand DPA authorities to further support the country's industrial base, Jerry McGinn, executive director of George Mason University's Center for Government Contracting, ...