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Precision Aviation Group Buys Velocity to Expand MRO, Manufacturing Capabilities; David Mast QuotedM&A Activity
  • March 16, 2022

    Precision Aviation Group Buys Velocity to Expand MRO, Manufacturing Capabilities; David Mast Quoted

    Precision Aviation Group has acquired Velocity Aerospace Group for an undisclosed sum to broaden its avionics and manufacturing, designated engineering
    John Clark to Succeed Jeff Babione as Lockheed’s Skunk Works Division HeadExecutive Moves
    • March 15, 2022

      John Clark to Succeed Jeff Babione as Lockheed’s Skunk Works Division Head

      John Clark, a 23-year Lockheed Martin (NYSE: LMT) veteran, has been appointed vice president and general manager of the company’s
      Church Hutton Joins Mercury Systems as Government Relations VPExecutive Moves
      • March 11, 2022

        Church Hutton Joins Mercury Systems as Government Relations VP

        Church Hutton, a more than two-decade veteran of the public and private sectors, has been named vice president of government
        DC Capital Partners Buys UAS Communications Tech Developer uAvionixM&A Activity
        • March 10, 2022

          DC Capital Partners Buys UAS Communications Tech Developer uAvionix

          DC Capital Partners has acquired aerospace component manufacturer uAvionix for an undisclosed sum. Established in 2015, uAvionix provides small form
          Saab Awarded $122M Modification on USMC Live Training System Contract; Erik Smith QuotedContract Awards
          • March 10, 2022

            Saab Awarded $122M Modification on USMC Live Training System Contract; Erik Smith Quoted

            Saab has secured a $122 million modification to a contract with the U.S. Marine Corps for the production and delivery
            Dorith Hakim Named CPI Aero CEO, President & DirectorExecutive Moves
            • March 10, 2022

              Dorith Hakim Named CPI Aero CEO, President & Director

              Dorith Hakim, an aerospace industry veteran, has joined CPI Aerostructures as CEO, president and director. She succeeds Douglas McCrosson, who
              Lockheed to Back Saudi Arabia’s Defense Manufacturing With $1B InvestmentIndustry News
              • March 9, 2022

                Lockheed to Back Saudi Arabia’s Defense Manufacturing With $1B Investment

                Ray Piselli, vice president of international business at Lockheed Martin (NYSE: LMT), said the company plans to spend as much
                Vectrus Posts 28% Growth in 2021 Revenue, $5B in Total Backlog; Chuck Prow QuotedFinancial Reports
                • March 8, 2022

                  Vectrus Posts 28% Growth in 2021 Revenue, $5B in Total Backlog; Chuck Prow Quoted

                  Vectrus (NYSE: VEC) saw its full 2021 revenue increase 28 percent to $1.78 billion and reported $419.4 million in sales
                  Dave Wajsgras to Join Intelsat as CEOExecutive Moves
                  • March 8, 2022

                    Dave Wajsgras to Join Intelsat as CEO

                    Dave Wajsgras, a two-decade aerospace and defense industry leader and a six-time Wash100 awardee, will assume the role of CEO
                    Navy Selects 63 Vendors for $250M Rapid Prototyping, Systems Integration Support IDIQContract Awards
                    • March 7, 2022

                      Navy Selects 63 Vendors for $250M Rapid Prototyping, Systems Integration Support IDIQ

                      The U.S. Navy has awarded 63 companies positions on a potential five-year, $249.7 million contract to provide rapid development and
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