Lockheed Martin‘s (NYSE: LMT) space business has received contract options worth $558.8 million combined to manufacture Trident II (D5) submarine-launched ballistic missile systems for the U.S. and U.K. navies. The U.S. Navy will obligate $485.1 million on the award while its British counterpart will provide the remaining $73.7 million, the De...
Zachary Lemnios and Terry Halvorsen of IBM (NYSE: IBM) said the company has led the development of a marketplace in a hybrid cloud environment meant to secure the development and production of microelectronics for the Department of Defense and commercial industry. IBM established the Marketplace for Advanced, Rapid, Quantifiably-assured, Trusted Sem...
Stacy Kubieck, vice president and general manager of Lockheed Martin’s Mission Solutions, acted as the moderator for an expert panel discussion during Potomac Officers Club’s 2021 SDA Forum on March 4th, 2021. The following panelists discussed SDA’s multi-year plan to create cutting edge satellite constellation networks to provide U.S. militar...
Executive Mosaic is honored to introduce Jennifer Chronis, federal vice president of Verizon, as a recipient of the 2021 Wash100 Award for driving technology offerings, expanding revenue and partnering with industry leaders to drive digital transformation across the government contracting (GovCon) sector. This marks Chronis’ first Wash100 Aw...
David King, group president for Dynetics at Leidos was presented his first Wash100 Award, the most coveted award in all of government contracting (GovCon), by Jim Garrettson, CEO of Executive Mosaic and founder of the Wash100 Award, on Tuesday. “David King, former CEO of Dynetics and current group president with Leidos has earned his first...
Northrop Grumman (NYSE: NOC) has secured a $115.5 million contract option from the U.S. Navy to provide weapon replaceable assemblies and support services needed for the integration of Large Aircraft Infrared Countermeasures technology onto military aircraft. The company will perform studies, analysis and systems engineering services to install the ...
United Launch Alliance and SpaceX have received task orders worth $384 million combined from the U.S. Space Force to deploy payloads and integrate missions for phase two of the National Security Space Launch program. The branch awarded ULA a pair of task orders, valued at $224.3 million, to support the USSF-112 and USSF-87 missions, the...
A new McAleese & Associates report noted the fourth quarter 2020 financial performance of large prime defense contractors Boeing (NYSE: BA), General Dynamics (NYSE: GD), Huntington Ingalls Industries (NYSE: HII), Lockheed Martin (NYSE: LMT). Northrop Grumman (NYSE: NOC) and Raytheon Technologies (NYSE: RTX). Jim McAleese, founder of McAleese &am...
Honeywell International (NYSE: HON) has secured a $476 million contract to supply T55 turboshaft engines for the U.S. Army’s CH-47 Chinook helicopter fleet. The service branch is also procuring electronic control units and installation kits from Honeywell through the firm-fixed-price contract, the Department of Defense said Monday. Army Contra...
Armtec Defense Technologies will provide combustible case assemblies to the U.S. Army for 155mm propelling charges under a potential five-year, $207.7 million contract. The service branch is procuring M231/M232 modular artillery charge system cases through the firm-fixed-price contract, the Department of Defense said Friday. Army Contracting Command...
