Lockheed Martin (NYSE: LMT) has secured a $524.1 million contract modification from the U.S. Navy to obtain long-lead items, components and support services needed to build the 15th and 16th batches of F-35 aircraft for the Italian military. The procurement funds are for equipment and efforts required for manufacturing 14 units of the aircraft’s c...
A Thales subsidiary has acquired the remaining stake of Leonardo DRS in Advanced Acoustic Concepts, the joint venture between the two organizations, for an undisclosed amount as part of the former’s efforts to expand engineering offerings for the U.S. military. Thales Defense & Security Inc. now has full ownership of AAC, which generated $...
General Dynamics‘ (NYSE: GD) mission systems business was awarded a six-year, $273 million contract modification to perform technical engineering work required to manufacture subsystems of the fire control technology for U.S. and U.K. nuclear ballistic missile submarines. This award from the U.S. Navy’s Strategic Systems Programs office ...
Does Lockheed Martin have government contracts? The primary activities of Lockheed Martin, a multinational security and aerospace company, are the design, research, manufacture, business development, integration, and maintenance of high-tech equipment. Although the company is a private company, it mainly offers its products and services to th...
With the threat of cyberattacks on the rise, the U.S. military is making cyber defense capabilities a top priority. The cyber domain of today is highly volatile; our adversaries are becoming more sophisticated in their cyber warfare tactics, and any vulnerability within an organization’s IT environment can and will be exploited. “We’re not...
In the wake of President Biden’s fiscal year 2023 budget request, Executive Mosaic sat down with GovCon Expert Jim McAleese, principal and owner of McAleese and Associates and a previous Wash100 Award recipient, to get a comprehensive breakdown of the FY23 defense budget and understand which programs, military branches and initiatives rank among t...
Peter Bruno, former senior manager of the intelligence, surveillance and reconnaissance group at HII (NYSE: HII), has joined Concurrent Technologies Corp. as senior director of business development, CTC said Thursday in a LinkedIn post. Prior to his one-year HII tenure, Bruno served as practice lead for engineering and logistics at Solutions Through...
Mark Frantz, co-founder of Blue Delta Capital Partners, was presented his first Wash100 Award, the most prestigious and valued award in government contracting (GovCon), during a recent visit to the company’s headquarters in McLean, VA. Executive Mosaic recognizes Mark Frantz with a 2022 Wash100 Award for his leadership in expanding the firm’...
Lt. Gen. Maria Barrett, commanding general of U.S. Army Cyber Command, is scheduled to headline a July 12 virtual forum to discuss how the service branch is working to advance its capabilities in the strategic digital environment. Barrett became the fifth top uniformed officer over ARCYBER in May and leads the Army organization responsible for...
The Biden Administration’s fiscal year 2023 budget request, released in March 2022, allocates $773 billion in funding to the Department of Defense. In a recent video interview with Executive Mosaic, GovCon Expert Jim McAleese, principal and owner of McAleese and Associates and a Wash100 Award winner, gave an in-depth analysis of what this budget ...
