Tag Archives: hon

James Taiclet, a board member at Lockheed Martin (NYSE: LMT) since 2018, on Monday officially assumed his duties as president and CEO of the company. He succeeds Marillyn Hewson, who now serves as executive chairman of the board and continues to support the leadership transition.

The U.S. Air Force has awarded 27 companies spots on a potential five-year, $950M contract to develop and operate systems across ground, air, maritime, space, electromagnetic spectrum and cyber domains in support of the Joint All Domain Command and Control program.

The Department of Defense has awarded contracts worth $133M combined to 3M (NYSE: MMM), O&M Halyward and Honeywell (NYSE: HON) to increase local production of N95 masks by over 39M in the next three months as part of the Defense Production Act Title 3 COVID-19 project.

Ann Ackerson, a more than three-decade supply chain management and procurement professional, will assume the role of global chief procurement officer at BAE Systems’ U.S. subsidiary on May 4.

John “J.R.” Riordan, former professional staff member of the Senate Armed Services Committee, has been appointed senior vice president of business development for Parsons’ (NYSE: PSN) space and geospatial business, SpaceNews reported Monday.

James Taiclet, a board member at Lockheed Martin (NYSE: LMT), has been elected by the board of directors to succeed Marillyn Hewson as president and CEO, effective June 15. Hewson, who has served as president and CEO since 2013 and a 2020 Wash100 award winner, will transition to the role of executive chairman of the board by mid-June, Lockheed said Monday.

Honeywell (NYSE: HON) has received a potential 15-year, $3.5B contract to produce and sustain embedded navigation systems for the U.S. Air Force and foreign military sales clients.

Todd Probert, a 10-year Raytheon (NYSE: RTN) executive, will assume the role of president of defense and security group at CAE (NYSE: CAE) on Jan. 27.

Jack Ginsburg, a veteran business development leader, has been named chief operating officer at HUBZone information technology consulting services firm Paradyme Management, G2Xchange ETC reported Tuesday.

Ted Colbert, formerly chief information officer and senior vice president of information technology and data analytics at Boeing (NYSE: BA), has been named president and CEO of the company’s global services business. He succeeds Stan Deal, who replaces Kevin McAllister as president and CEO of Boeing’s commercial airplanes business, the company said Tuesday.