Tag Archives: lhx

GovCon Expert Jim McAleese Notes L3Harris CEO Transition, Growth Drivers for 2021

A McAleese & Associates report about L3Harris Technologies‘ (NYSE: LHX) financial results for both the fourth quarter and full 2020 fiscal year says the Melbourne, Florida-based government contractor will transition the CEO position from William Brown to Christopher Kubasik, who has served as vice chairman, president and chief operating officer …

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Roger Krone: Leidos Eyes ‘Complementary Acquisitions’ to Continue Growth Push

Roger Krone, chairman and CEO of Leidos (NYSE: LDOS) and 2021 Wash100 awardee, said the company wants to continue pursuing mergers and acquisitions amid the consolidation and competition for big information technology contracts within the federal market, the Washington Business Journal reported Friday. “For us, now is not a time …

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Lockheed Named Largest Contract Recipient in DOD’s Fiscal 2019 State-Level Spending Report

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 …

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SDA Upholds Tracking Layer Tranche 0 Contract Awards to L3Harris, SpaceX

Tracking Layer Tranche 0

The Space Development Agency upheld its decision to award contracts to L3Harris Technologies (NYSE: LHX) and SpaceX to build missile tracking satellites for the proposed National Defense Space Architecture following the reevaluation of bids for the contracts, C4ISRNET reported Thursday.

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Defense Contractors Ask Government to Backfill DoD Money Used to Cover COVID-19 Expenses

Pentagon

The CEOs of eight defense contractors wrote separate letters to the White House and the Department of Defense saying that the money sourced from DoD’s budget to help companies retain highly skilled employees during the COVID-19 pandemic should be replaced with new funds to prevent military modernization programs from being jeopardized, Reuters reported Thursday.

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