Tag Archives: Honeywell

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.

Honeywell (NYSE: HON) has created a business unit focused on unmanned aerial systems in a move to expand the company’s urban air mobility technology portfolio.

The Defense Microelectronics Activity has awarded eight companies a $10.27B contract modification for engineering and technology insertion services intended to help modernize the Department of Defense’s electronic assets.

Adriane Brown, former president of Intellectual Ventures and a venture partner at Flying Fish Partners, has joined the board of directors of law enforcement technology provider Axon (Nasdaq: AAXN).

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.

Honeywell (NYSE: HON) has secured a four-year, $99.1M contract to help the U.S. Air Force update the service branch's Embedded Global Positioning System/Inertial Navigation System.

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.

President Trump has chosen 200 industry leaders as part of the Great American Economic Revival Industry Groups that will work to drive the nation's economy as it seeks to recover from the coronavirus health crisis.

The U.S. Navy has selected 25 companies for a potential 11-year, $7.14B contract to perform full-rate production of aircraft components and aviation systems for the Naval Air Warfare Center Aircraft Division.

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.