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UTC Names Judy Marks, David Gitlin as CEOs of Future Independent Firms Otis, Carrier

United Technologies Corp. (NYSE: UTX) has appointed Judith Marks, president of Otis since 2017 and a three-time Wash100 winner, as CEO of UTC’s elevators manufacturing subsidiary. Marks previously served as CEO of Siemens USA and head of the industrial conglomerate’s Dresser-Rand business. She also held senior leadership positions at Lockheed Martin (NYSE: LMT) and IBM (NYSE: IBM).

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John Mengucci to Succeed Ken Asbury as CACI President, CEO

John Mengucci, chief operating officer at CACI International (NYSE: CACI), has been elected to serve as president, CEO and board member of the company, effective July 1. He will succeed Ken Asbury, a six-time Wash100 Award recipient who will retire as president and CEO of CACI by the end of June, the company said Tuesday.

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BAE US COO Tom Arseneault Adds President Role; Jerry DeMuro Quoted

Tom Arseneault, chief operating officer of BAE Systems’ U.S. arm, has assumed additional duties as president of the subsidiary. He was also named to the board of directors of BAE Systems Inc. and will assume functional leadership responsibilities, the company said Thursday. “Tom has a proven track record leading complex …

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Rocky Thurston Named Perspecta SVP

Rocky Thurston, a more than 20-year government information technology industry veteran, has joined Perspecta (NYSE: PRSP) as a senior vice president, G2Xchange ETC reported Tuesday. He brings to the role years of experience supporting the departments of Homeland Security and Transportation and other federal civilian agencies in their IT modernization …

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Robert Lightfoot to Join Lockheed’s Space Business as Strategy, BD VP; Rick Ambrose Quoted

Robert Lightfoot, former acting administrator of NASA, has been appointed vice president of strategy and business development at Lockheed Martin’s (NYSE: LMT) space segment in a move that will take effect May 6. He will oversee new business strategy, technology concepts and strategic planning activities for the space business area, …

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Army Issues $723M Modification on Lockheed Hellfire II Missile Contract

The U.S. Army has awarded Lockheed Martin (NYSE: LMT) a $723.5M contract modification to provide multiple variants of the Hellfire II missile system. Lockheed will deliver missiles to domestic and foreign military sales customers that include Lebanon, Netherlands and France, the Department of Defense said Thursday. Hellfire II uses a semi-active …

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McAleese & Associates: Lockheed Reports 23% Growth in Q1 2019 Sales

A report by consulting firm McAleese & Associates says Lockheed Martin (NYSE: LMT) saw its sales in the first quarter of 2019 climb 23 percent to $14.3B primarily driven by sales growth in the company’s aeronautics and missiles and fires control business units. Jim McAleese, founder and principal of McAleese & Associates …

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Lockheed Gets Potential $363M Army Contract for Multiple Launch Rocket Systems

Lockheed Martin (NYSE: LMT) secured a potential three-year, $362.7M contract to deliver M270A0, M270A1 and M270A2 Multiple Launch Rocket Systems to the U.S. Army. The company will also provide M270A2 flyaway package, production line spares and authorized stockage list kits as well as production line restart and proposal costs, the …

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Lockheed Gets $879M IDIQ to Sustain Air Force Minuteman III Re-Entry Subsystems

Lockheed Martin (NYSE: LMT) has secured a potential 11-year, $879M to help the U.S. Air Force maintain re-entry system and vehicle subsystems that support an intercontinental ballistic missile platform. The indefinite-delivery/indefinite-quantity contract includes maintenance, sustainment, developmental and production engineering, aging surveillance, alteration and software maintenance support for Minuteman III RS/RV …

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