
Lockheed Martin (NYSE: LMT) has distributed $450M in accelerated contract payments it received from the Department of Defense to the Bethesda, Md.-based contractor's supply chain ahead of schedule. The company said Friday it also issued $85M in advance payments to small businesses and other suppliers operating throughout 46 U.S. states....
Zoom Video Communications (Nasdaq: ZM) has appointed Herbert Raymond “H.R.” McMaster, a retired U.S. Army lieutenant general, as an independent director on the company’s board and Jonathan “Josh” Kallmer, most recently executive vice president for policy at the Information Technology Industry Council, as head of global public policy and go...
Leidos Completes $1B Purchase of L3Harris’ Security Detection, Automation Businesses; Roger Krone Quoted Leidos has finalized its acquisition of L3Harris Technologies’ security detection and automation businesses for approximately $1 billion in cash, Leidos said Monday. The company also announced that Jim Moos, president of Leidos’ civil gr...