Kathleen King, a 24-year Day & Zimmermann veteran, has assumed duties as senior vice president of finance and chief financial officer at the Philadelphia-based engineering and construction firm. She succeeds Joseph Ritzel, who officially retired Saturday after a 40-year career with the company and is helping facilitate a smooth transition as a p...
Science Applications International Corp. (NYSE: SAIC) posted a 4 percent revenue growth for its 2023 fiscal year, with sales totaling $7.7 billion, and reported $1.97 billion in fourth quarter revenue to register a 10 percent increase from the same period in fiscal 2022. The company said Monday that adjusted earnings were $2.04 per share for...
General Atomics, Lockheed Martin (NYSE: LMT) and Northrop Grumman (NYSE: NOC) have won positions on a seven-year, $400 million contract to develop aerospace vehicle technologies and integrated systems for the U.S. Air Force. The Air Force Research Laboratory received 15 offers on the Advanced Aerospace Systems Technology Research program, the Depart...
L3Harris Technologies (NYSE: LHX) has secured a five-year, $584 million contract from the U.S. Air Force to produce, engineer and repair a suite of tools intended for defending aircraft against electronic threats. The company will provide block cycle software development services for the Advanced Integrated Defensive Electronic Warfare Suite, t...
A subsidiary of Chenega‘s professional services strategic business unit was awarded a spot on a potential $200 million indefinite-delivery/indefinite-quantity contract from the Department of the Interior for business support services. According to a SAM.gov award notice, Chesapeake, Virginia-based Chenega Services and Federal Solutions will pr...
Executive Mosaic is honored to introduce Phebe Novakovic, chairman and CEO of General Dynamics, as a winner of the 2023 Wash100 Award for leading the company to record-high backlog and strong order activity and overseeing efforts to meet the needs of defense customers amid the rapidly changing threat environment. This recognition marks her ninth Was...
Lockeed Martin‘s (NYSE: LMT) rotary and mission systems business has secured a potential five-year, $305 million contract to produce an integrated common processor for the U.S. Navy’s ship and shore surveillance equipment. The company will provide a common suite of signal processing and display technologies to support vessels equipped wi...
The Department of Defense is working to adopt commercial technologies at a faster rate than ever before as the United States’ peer and near-peer competitors increase their own technological capabilities. This approach, known as a “fast follower” strategy, was outlined in the 2022 National Defense Strategy, which called for the DOD t...
The U.S. government’s technology pipeline can be bound up in years of regulations, requirements and confirmation. In the military specifically, the process of developing, prototyping, testing and delivering a tool to the warfighter can take years. It has left defense components scrambling for new sources of innovation, striving to speed the proces...
In light of recent advancements in autonomous technologies, the Department of Defense has made tremendous efforts to understand the role of these tools in warfighting operations and fully harness the benefits autonomy can provide. When implementing these technologies, cultivating a relationship between human operators and new technology is cruc...
