Raytheon (NYSE: RTN) and Northrop Grumman (NYSE: NOC) will build competing prototypes of a 50 kilowatt-class laser weapon system for Stryker vehicles under a potential $203M other transaction authority agreement secured by Kord Technologies from the U.S. Army.
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A new McAleese & Associates report says the full Senate is expected to decide Tuesday on the nomination of Army Secretary and 2019 Wash100 winner Mark Esper to be the next secretary of the Department of Defense.
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Raytheon (NYSE: RTN) and United Technologies Corp. (NYSE: UTX) have agreed to merge in an all-stock deal that will establish a platform-agnostic technology provider within aerospace and defense segments. The combined company will operate as Raytheon Technologies and be headquartered in the greater Boston metro area upon the deal’s completion, which is expected in the first half of 2020, the firms said in a joint statement published Sunday.
Read More » A McAleese & Associates report says the U.S. Navy’s shipbuilding programs would receive $21.7B under the $690B fiscal 2020 defense funding bill passed by the House Appropriations Committee. Jim McAleese, founder and principal at McAleese & Associates and a 2019 Wash100 winner, listed in the report some of the fully funded …
Read More » Consulting firm McAleese & Associates has released a report on military defense programs as discussed by Pentagon officials at the Senate Armed Services strategic forces subcommittee hearing Wednesday. John Rood, defense undersecretary for policy; Air Force Gen. Terrence O’Shaughnessy, commander of Northern Command; Lt. Gen. Sam Greaves, director of the Missile …
Read More » A report by consulting firm McAleese & Associates says the Navy and the Marine Corps requested a total budget of $206B for fiscal year 2020. The Navy’s FY 2020 budget request includes $20.4B in research, development, test and evaluation funds for several programs: unmanned surface vessels and unmanned underwater vehicles; directed energy; conventional …
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Consulting firm McAleese & Associates has released a report on key takeaways from the two-day Reagan National Defense Forum that kicked off Friday in California. Lockheed Martin (NYSE: LMT) CEO Marillyn Hewson; Raytheon (NYSE: RTN) CEO Thomas Kennedy; Leanne Caret, CEO of Boeing’s (NYSE: BA) defense, space and security business; and Harris (NYSE: …
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TYSONS CORNER, VA, October 29, 2018 — Al Whitmore, president of the intelligence and security sector of BAE Systems Inc., has said the company aims to build on its internal research and development activities to fulfill work under a multi-award contract with the Defense Department, ExecutiveBiz reported Oct. 2. The …
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TYSONS CORNER, VA, March 29, 2017 — Northrop Grumman (NYSE: NOC) will pursue task orders under a potential $3.04 billion contract to provide space and missile defense technology design, development, demonstration and integration services to the U.S. Army, GovCon Executive reported Tuesday. The company said Monday the indefinite-delivery/indefinite-quantity, multiple-award contract covers support …
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