Lockheed Martin (NYSE: LMT) has secured a $7.63 billion contract modification to continue lot 15 production of F-35 fighter jets and technical hardware for U.S. and international defense customers. The modification covers the delivery of 129 units of the aircraft’s conventional takeoff and landing, short takeoff/vertical landing and carrier varian...
Scott Greene, executive vice president of the missiles and fire control business segment at Lockheed Martin (NYSE: LMT), plans to retire from the company by Dec. 31 after a more than 41-year career. Greene will continue to run the MFC business until a successor is found and then serve as a strategic adviser to help...
By Light Professional IT Services looks to expand its product portfolio with its recent acquisition of Veraxx Engineering, a Chantilly, Virginia-based provider of flight simulation training platforms and exercises. Bob Donahue, founder and CEO of By Light, said in a statement published Monday that the modeling and simulation and virtual training cap...
Karen Dahut, president of the global defense sector at Booz Allen Hamilton (NYSE: BAH) a two-time Wash100 winner, will retire from the company on Oct. 31 after a two-decade career, Booz Allen President and CEO Horacio Rozanski announced Friday in the company’s fiscal 2023 first quarter earnings call. Rozanski, a two-time Wash100 Award winner, ...
L3Harris Technologies (NYSE: LHX) has won a potential six-year, $378.9 million contract to equip the U.S. Navy, Marine Corps and Foreign Military Sales customers with a real-time sensor netting system for integrated fire control and situational awareness. Aside from producing the Cooperative Engagement Capability system, the contractor will also pro...
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...
Environmental Chemical Corp. will construct a water treatment facility at Marine Corps Base Camp Lejeune in Jacksonville, North Carolina, under a potential three-year, $129 million firm-fixed-price contract from the U.S. Navy. Initial work on the replacement of the Water Treatment Plant at the military training facility is covered by a $126.4 millio...
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...
The U.S. Navy has added eight companies as awardees on a $2.12 billion multiple-award contract to provide husbanding, management and integration services to maritime forces who participate in exercises or missions led by the Department of Defense and NATO. Work covers land transportation, communications, force protection, general charter and hire se...
Tactical Air Support will reconfigure and modernize Northrop Grumman-built (NYSE: NOC) F-5 aircraft to meet the requirements of the U.S. Navy and Marine Corps under a five-year, $265.3 million indefinite-delivery/indefinite-quantity contract. The Department of Defense said Friday 16 F-5E and six F-5F Tiger II fighter jets will be transformed from th...
