A state-by-state analysis of Department of Defense spending showed Lockheed Martin (NYSE: LMT), Boeing (NYSE: BA) and Northrop Grumman (NYSE: NOC) took the first three spots on a list of top 10 contract awardees during fiscal year 2019. Lockheed received $45.6B in FY 2019 contracts, while Boeing and Northrop secured …
Read More »Heidi Wood Named Interim Defense, Security Group President at CAE
Heidi Wood, an aerospace and defense industry veteran, has been appointed acting president of defense and security group at CAE (NYSE: CAE). She will replace Todd Probert, who will step down on June 26 from his role to join the U.S. national security community, CAE said Tuesday.
Read More »Former L3 Exec Dan Azmon to Join CPI Aero as CFO; Douglas McCrosson Quoted
Dan Azmon, vice president, controller and principal accounting officer at L3 Technologies, has been appointed chief financial officer of CPI Aerostructures.
Read More »USMC Vet, Former L3 Exec Rick Schmidt Appointed Black Sage President
Acorn Growth Companies has appointed 38-year aerospace and defense industry veteran Rick Schmidt as president of the investment firm's new portfolio business, Black Sage Technologies.
Read More »Beth Skoletsky Named Constellis Chief HR Officer
Beth Skoletsky, a more than 20-year human resources executive, has joined Reston, Va.-based risk management and operational support services contractor Constellis as chief HR officer.
Read More »McAleese & Associates: L3Harris Records 10% Sales Growth in Full Year 2019 Pro Forma Guidance
A new report by consulting firm McAleese & Associates says L3Harris Technologies (NYSE: LHX) issued its full year 2019 pro forma guidance, posting a 10 percent sales increase at $18B and a sector operating margin of 16 percent.
Read More »BT Federal, Core Technologies. L3Harris Near Systems Test Completion for EIS Telecom Contract
Three of the nine companies holding positions on the General Services Administration’s potential 15-year, $50B contract vehicle for telecommunication services could obtain “authority to operate” certifications by the end of the third quarter, FCW reported Friday.
Read More »Former L3 CFO Thomas DeFrank Appointed Ensco Finance Chief
Thomas DeFrank, formerly chief financial officer and vice president of finance at L3 Technologies, has joined Ensco as CFO. He succeeds Mike Bogdanovic, who will serve as director of Ensco's retirement plan and special projects on a part-time basis, the company said Monday.
Read More »Former L3 Exec Thomas Casale Appointed Cobham CNI & Interconnect Solutions Business Head
Thomas Casale, former president of L3 Technologies' radome manufacturing business, has joined Cobham as vice president and general manager of communications, navigation and identification and interconnect solutions unit. He will lead the business area that operates within Cobham's advanced electronic solutions sector and brings 30 years of radiofrequency and microwave industry experience to his new role, the company said Monday.
Read More »L3Harris Technologies Unveils Four ‘Mission-Focused’ Business Segments
L3Harris Technologies (NYSE: LHX), the new company formed by the merger of defense contractors Harris and L3 Technologies, has organized its operations into four business segments with the goal to help government and commercial customers address mission requirements. Melbourne, Fla.-based L3Harris said Monday it expects to generate $17B in annual revenue through its operating businesses that will offer a range of technology platforms in the air, sea, land, space and cyber areas.
Read More »