President-elect Joe Biden has announced plans to nominate Kathleen Hicks, former deputy undersecretary of defense for strategy, plans and forces during the Obama administration, as deputy secretary of defense.
Read More »Phebe Novakovic Elected to JPMorgan Chase Board
Phebe Novakovic, chairman and CEO of General Dynamics (NYSE: GD) and a 2020 Wash100 Award winner, will join the board of directors of JPMorgan Chase (NYSE: JPM) on Dec. 7.
Read More »GovCon Expert Bill Downer: CMMC’s Lack of Impact on Securing Supply Chains
In my opinion, CMMC has nothing to do with supply chain management. CMMC is intended to serve as a verification mechanism to ensure appropriate levels of cybersecurity practices and processes are in place to ensure basic cyber hygiene as well as protect controlled unclassified information (CUI) that resides on the department’s industry partners’ networks.
Read More »Phyllis Schneck Named Northrop VP, Chief Information Security Officer
Phyllis Schneck, a veteran cybersecurity leader, will assume the role of vice president and chief information security officer of Northrop Grumman (NYSE: NOC), starting Oct. 14.
Read More »Raytheon-UTC Deal Comes as DoD Eyes New Priorities; Pierre Chao Offers Insight on M&A Trend
The planned merger between Raytheon (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) comes as the aerospace-and-defense sector anticipates slower growth in the Department of Defense’s spending and as DoD sets its sights on hypersonic missiles, space systems and other new priorities, The Wall Street Journal reported Wednesday.
Read More »McAleese & Associates: Service Secretaries Talk Readiness, Priorities at CSIS Event
Consulting firm McAleese & Associates has released a report on key takeaways from a Center for Strategic and International Studies-hosted discussion held Friday with the secretaries of military branches about the state of their services and priorities. Army Secretary Mark Esper said the service works to build up readiness recovery through 2022 before …
Read More »Engility Vet Eric Sedlacek Joins SAIC as Business Dev’t Director
Eric Sedlacek, formerly director of business development at Engility, has been appointed to the same position at Science Applications International Corp. (NYSE: SAIC), G2Xchange ETC reported Tuesday. He joins SAIC upon its $2.5B all-stock acquisition of the Chantilly, Va.-based contractor and will be responsible for overseeing department of State and Justice accounts …
Read More »McAleese & Associates: Richard Spencer on Two-Carrier Buy, Other Navy Priorities
Consulting firm McAleese & Associates has issued a report that outlines some of the priorities of Navy Secretary Richard Spencer. Spencer said Thursday during a Center for Strategic and International Studies event that the Navy has begun to work with Huntington Ingalls Industries (NYSE: HII) on a possible two-carrier contract. “We are going to get …
Read More »U.S. Holds First Successful Tests of Intercontinental Ballistic Missile Defense System
The U.S. military successfully launched its first-ever missile defense test involving a simulated attack by an intercontinental ballistic (ICBM) missile. During the test, a Boeing-developed interceptor, carrying the Raytheon-built EKV, was launched from Vandenberg Air Force Base, following the launch of an ICBM from Kwajalein Atoll, stated an Aerojet press …
Read More »Former Deputy Defense Secretary John Hamre Elected as Mitre Board of Trustees Chairman
John Hamre, a former deputy secretary of defense and current president of the Center for Strategic and International Studies, has been elected to succeed the retiring Charles Robb as chairman of Mitre‘s board of trustees. Hamre also previously served as comptroller of the Defense Department, deputy assistant director for national security and international …
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