NASA has awarded a pair of contracts worth $253.4 million combined to General Electric‘s (NYSE: GE) aviation subsidiary and MagniX USA to develop and demonstrate electrified propulsion systems intended for commercial aircraft. The two companies will participate in the Electric Powertrain Flight Demonstration project within a five-year period, ...
General Dynamics‘ (NYSE: GD) mission systems business has won a potential five-year, $275.6 million contract from the U.S. Navy for the design, development and testing of a maritime mine deployment system. The company will deliver a prototype of the Hammerhead system meant to detect and engage anti-submarine warfare targets, the Department of ...
Brian Drzewiecki, a finance professional with more than two decades of industry experience, has joined Research Innovations Inc. as chief operating officer and chief financial officer. He will oversee RII’s overall business activity that covers its financial and operational planning functions, the company said Thursday. His career includes exe...
Garry Dean, a retired U.S. Air Force major general and a member of the board of advisers at Peduzzi Associates, has been appointed president of the Alexandria Virginia-based business development services provider in a move slated to take effect Oct. 1. He has served on the advisory board over the past four years and will...
ICF (Nasdaq: ICFI) has secured a position on a potential $150 million multiple-award contract from the National Institutes of Health for biomedical technical and data management services in support of its National Cancer Institute. The digital services company said Wednesday it will provide scientific computing infrastructure and expertise in health...
James “Hondo” Geurts, formerly assistant secretary of the Navy for research, development and acquisition, has been named to the advisory board of the Silicon Valley Defense Group. “I am excited to join the SVDG team as the organization continues to bridge the gap between the Department of Defense and the technology community,” Geurts, a prev...
A Tutor Perini (NYSE: TPC) subsidiary will construct a machine gun range at Andersen Air Force Base in Guam as part of a three-year, $122 million contract awarded by the Pacific Division of the Naval Facilities Engineering Systems Command. Black Construction’s project at the Northwest Field includes the development of a multi-lane, multi-purpo...
Criterion Systems, a cybersecurity and information technology company, has acquired software engineering services provider SAGE Black Consulting and Contracting for an undisclosed amount. The new SAGE Black subsidiary will be led by Criterion Chief Financial Officer Steve Mast as its president and will join the company’s intelligence solutions...
Raytheon Technologies (NYSE: RTX) has received a potential $362.4 million contract from the U.S. Navy to provide engineering and technical services supporting the Evolved Seasparrow Missile and NATO Seasparrow Missile Systems programs. The cost-plus-fixed-fee and cost-only contract has a base value of $105.8 million and involves purchases from the N...
Kyndryl, an independent managed infrastructure services provider spinning out of IBM (NYSE: IBM), has named CEO Martin Schroeter, Stephen Hester, former CEO of RSA Insurance Group, and eight other business leaders to the board of directors. Schroeter, former senior vice president of global markets at IBM, will serve as board chairman and Hester will...
