James Geurts, former acquisition chief of the U.S. Navy and a previous Wash100 awardee, and 35-year Air Force veteran Joseph Reynes, Jr. have been named advisory board members of technology company Epirus. They joined the board as Epirus aims to introduce technologies designed to help public and private sector clients to defend against electronic an...
TYSONS CORNER, VA, Dec. 1, 2021 — Raytheon Technologies‘ (NYSE: RTX) missiles and defense business has received a Missile Defense Agency award to participate in a program focused on the development and demonstration of a hypersonic missile interceptor meant to counter threats in the glide phase of flight, ExecutiveBiz reported Nov. 22. ̶...
Spire Global (NYSE: SPIR) has closed its approximately $161.2 million cash-and-stock purchase of exactEarth, a provider of satellite data products and services to the global maritime sector. Vienna, Virginia-based Spire first announced the deal in September, which marks its first acquisition after going public in mid-August, and the company said Tue...
President Joe Biden has nominated William LaPlante, president and CEO of Draper Laboratory and a national security leader, to serve as undersecretary for acquisition and sustainment at the Department of Defense. LaPlante has nearly 40 years of experience in the defense industrial base, acquisition, technology and sustainment, the White House said Tu...
Robert Lightfoot, vice president of operations at Lockheed Martin‘s (NYSE: LMT) space business area, has been promoted to lead the segment as executive vice president. He will assume his new position on Jan. 1 and replace Rick Ambrose, who intends to retire in March after a more-than-20-year career at Lockheed and will support transition effor...
James Hannah, formerly chief information officer and vice president of enterprise information technology services at General Dynamics’ (NYSE: GD) IT arm, took on a new role as global CIO of the GDIT business, the Washington Business Journal reported Monday. He succeeds Kristie Grinnell, who stepped down from her post to pursue a new opportunity in...
BlueHalo was awarded a $30.3 million contract from the Missile Defense Agency to create a cloud platform that will be used for monitoring, identifying, targeting and engaging weapon system threats. The Department of Defense said Wednesday the contractor will conduct integration and assessment activities aside from developing a Command, Acquire, Trac...
A new McAleese & Associates report says major defense prime contractors recorded a 4 percent to 6 percent increase in sector profit during the third quarter of 2021. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, presented an analysis of the Q3 financial performance of Boeing (NYSE: BA), General Dynamics (NYS...
Paul Weiss, a two-decade veteran of CGI (NYSE: GIB), has been named VP of strategic program delivery and solution development at Reston, Virginia-based information technology company Brillient. He will oversee employee engagement, innovation and customer success functions within Brillient’s digital transformation business area, with a focus on...
The Board of Governors of the Federal Reserve System, Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. have come up with a roadmap of future activities related to cryptoassets in 2022 to provide greater public clarity on whether such activities by banking institutions are legally allowed. Activities outlined in the...
