Quantum computing is a rapidly-growing technology that, when fully developed, will far surpass the capabilities of classical computers. But although these capabilities are still years out from being realized, public and private sector leaders are already anticipating the threats that will emerge from quantum computing, and they’re working to stay ...
Leaders at the U.S. Department of Defense have been looking for a way to centralize their Joint All Domain Command and Control endeavor. Under this ideal state, communications and data sharing would be interlocked in a seamless mesh network that includes all six military branches and is functional at the edge: wherever a warfighter is active....
Raytheon Technologies‘ (NYSE: RTX) Pratt & Whitney business has secured a $2 billion contract modification for lot 17 F-35 aircraft engine manufacturing services in support of U.S. and international defense customers. The award from the U.S. Navy’s Naval Air Systems Command will fund the procurement of propulsion system materials, pa...
A Raytheon Technologies (NYSE: RTX) subsidiary will manufacture 571 more Sidewinder infrared-tracking, short-range missiles under a $263.7 million production lot 23 contract modification for a U.S. Navy-led joint weapon procurement effort with the U.S. Air Force. The award to Raytheon Missiles & Defense represents exercised options for the suppl...
Hank Vanderborght, formerly a senior vice president of Precise Systems, has been promoted to chief operations officer at the Lexington Park, Maryland-based professional services provider. The retired U.S. Marine Corps colonel is responsible for managing the company’s contracting deals and technical and business programs in his COO position, Pr...
Lockheed Martin’s (NYSE: LMT) rotary and mission systems unit has won a potential $642.9 million contract to manufacture Vertical Launching System hardware for the U.S. Navy and foreign military customers. The company was granted a base firm-fixed-price and cost-plus-fixed-fee award valued at $194 million to supply customers with MK 41 VLS mod...
The Defense Logistics Agency has awarded Noble Supply and Logistics a $562.5 million contract modification to continue to provide maintenance, repair and operation support at various U.S. military facilities overseas. The modification exercises the first option year of a previously awarded four-year indefinite-delivery/indefinite-quantity contract f...
BWX Technologies (NYSE: BWXT) reported a 7 percent growth in fiscal 2023 first quarter revenue from government operations and attributed the growth to a higher production volume for nuclear components and microreactors. Sales in BWXT’s government segment for the period increased to $459.9 million, from the $431.8 million a year earlier, while ...
Bluestone Investment Partners has made an investment in Precise Systems, a Maryland-headquartered provider of software development and other professional support services to the Department of Defense. The companies said Tuesday in a joint statement that Scott Pfister, former president and chief operating officer of Precise Systems, has been appointe...
Lockheed Martin‘s (NYSE: LMT) aeronautics business segment has booked a $7.8 billion contract modification from the U.S. Navy to manufacture 126 F-35 fighter jets for domestic and international military customers. The award reflects an option for lot 17 production and delivery services covering 81 F-35A, 26 F-35B and 19 F-35C units, the Depart...
