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Stan Budraitis, vice president of business development for Army aviation programs. Budraitis is a retired Army aviatorExecutive Moves
  • August 15, 2025

    V2X Appoints Stan Budraitis as VP of Business Development for Army Aviation Programs

    V2X has recruited Stan Budraitis, a retired U.S. Army aviator, as vice president of business development for Army aviation programs.
    Coherent logo. Coherent has agreed Sell its Aerospace and Defense unit to Advent.M&A Activity
    • August 14, 2025

      Coherent Agrees to Sell Aerospace & Defense Business to Advent for $400M

      Photonics company Coherent has reached an agreement to sell its Aerospace and Defense business to Advent, a global private equity investor. Advent said
      Graphs and charts representing mergers and acquisitions. QinetiQ agreed to sell its U.S. federal IT services business to V2X.M&A Activity
      • August 13, 2025

        V2X to Buy QinetiQ’s US Federal IT Services Business

        V2X has agreed to acquire QinetiQ Group’s U.S. federal IT services business as part of efforts to expand its presence
        Tom Fortunato. The former GDIT executive joined Chugach Government Solutions as vice president of business development.Executive Moves
        • August 11, 2025

          Former GDIT Exec Tom Fortunato Joins CGS as Business Development VP

          Chugach Government Solutions has welcomed Tom Fortunato as vice president of business development. Fortunato, who announced the appointment in a
          Boeing CEO Kelly Ortberg. Ortberg offered updates on the company's defense programs.DOD
          • July 30, 2025

            Boeing Defense & Space Business Q2 Revenue Up 10%; Kelly Ortberg on MQ-25, T-7A Programs

            Boeing’s defense, space and security, or BDS, business reported $6.6 billion in fiscal 2025 second-quarter revenue, up 10 percent from
            Brian Bear Joins Edgewater Federal Solutions as Business Development VP for National Security SectorExecutive Moves
            • July 28, 2025

              Brian Bear Joins Edgewater Federal Solutions as Business Development VP for National Security Sector

              Edgewater Federal Solutions has welcomed Brian Bear, an experienced sales executive, as vice president of business development for the national
              ATAC logo. A Textron subsidiary received a Navy contract to supply aircraft for training operations.Acquisition & Procurement
              • July 25, 2025

                Textron Business Books $554M Navy Contract to Supply Aircraft for Fleet Training

                Textron subsidiary Airborne Tactical Advantage Co. has received a potential five-year, $554.4 million contract from the U.S. Navy to provide
                FMD CEO Steve Pykett. Pykett commented on the purchase of Rolls-Royce's naval propulsors business.M&A Activity
                • July 17, 2025

                  FMD Closes Purchase of Rolls-Royce’s Naval Propulsors Business

                  Fairbanks Morse Defense has completed its acquisition of Rolls-Royce’s naval propulsors business as part of a push to expand its
                  Paul Smith previously led BAE Systems' ship repair businessExecutive Moves
                  • July 14, 2025

                    BAE Systems Appoints Paul Smith as SVP, GM of Integrated Defense Solutions Business

                    Paul Smith has assumed new responsibilities as senior vice president and general manager of integrated defense solutions at BAE Systems.
                    ITC Federal tapped Krista McKendree as VP of business development for DODExecutive Moves
                    • July 7, 2025

                      Krista McKendree Joins ITC Federal to Lead DOD Business Development

                      IT modernization and digital services company ITC Federal has appointed Krista McKendree, a retired U.S. Marine Corps veteran, as vice
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                      About GovConWire

                      The premier source of breaking business news for the government contracting industry, GovCon Wire provides informative, to-the-point stories of the most significant contract awards, top-level executive moves, M&A activities and financial results of the sector’s most notable players.

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