The Department of Defense is asking Congress to authorize a potential $17.7B block-buy contract for two Columbia-class ballistic missile submarines, Defense News reported Wednesday. The U.S. Navy and General Dynamics (NYSE: GD) have been in talks over the terms of a two-ship procurement and the proposed block buy, if approved, would provide the comp...
Maria Roat, who has served as chief information officer of the Small Business Administration since October 2016 and is a 2020 Wash100 inductee, has been appointed as the federal government's deputy CIO, Nextgov reported Tuesday....
Lockheed Martin (NYSE: LMT) and Raytheon Technologies' (NYSE: RTX) Javelin joint venture will continue to supply man-portable, anti-tank guided munition systems to the U.S. Army under a $121.8M contract modification....
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...
UMG/Del Medical will provide radiographic systems, related accessories and training services to U.S. military and federal civilian customers under a potential 10-year, $100M contract from the Defense Logistics Agency. Fifty responses were submitted to the DLA for the indefinite-delivery/indefinite‐quantity contract via a competitive acquisition pr...
General Dynamics' (NYSE: GD) defense businesses earned $7.1B in total revenue for its fiscal 2020 first quarter that ended March 29, a modest increase from the same period last year. "In this time of crisis and uncertainty, our balance sheet remains strong," Phebe Novakovic, chairman and CEO of General Dynamics and a 2020 Wash100 awa...
Science Applications International Corp. (NYSE: SAIC) has appointed Gabe Camarillo, most recently vice president of strategy, and Josh Jackson, an 18-year company veteran, as senior vice presidents and operations managers within the defense solutions group. Camarillo will succeed the retiring Rick Sabol to oversee SAIC’s Naval Sea and Air System...
The COVID-19 pandemic has wreaked havoc and disruption on many aspects of security, work, and commerce. The virus has also called attention to the vulnerabilities of the supply chain, whether it be in secure sourcing and reliability of operations, or surrounding the cyber insecurities of interconnectivity....
Pratt & Whitney, now part of Raytheon Technologies (NYSE: RTX), has secured a $111.1M contract modification to build propulsion systems designed to power the U.S. Marine Corps' F-35B short takeoff and vertical landing aircraft....
General Electric’s aviation business has secured a potential $138.2M contract to provide TF-34 aircraft turbofan engine supplies to the U.S. Air Force....
