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Tag: supply chain

Raytheon Posts 3% Revenue Hike, $62B Defense Backlog for Q1 2022Financial Reports

Raytheon Posts 3% Revenue Hike, $62B Defense Backlog for Q1 2022

Raytheon Technologies (NYSE: RTX) saw its fiscal 2022 first-quarter sales rise 3 percent to $15.7 billion and reported $1.15 in
DOD’s Industrial Policy Office Undergoes ReorganizationNews

DOD’s Industrial Policy Office Undergoes Reorganization

The Department of Defense has created two deputy assistant secretaries as part of the reorganization of its industrial policy office
Dorith Hakim Named CPI Aero CEO, President & DirectorExecutive Moves

Dorith Hakim Named CPI Aero CEO, President & Director

Dorith Hakim, an aerospace industry veteran, has joined CPI Aerostructures as CEO, president and director. She succeeds Douglas McCrosson, who
Lockheed to Back Saudi Arabia’s Defense Manufacturing With $1B InvestmentIndustry News

Lockheed to Back Saudi Arabia’s Defense Manufacturing With $1B Investment

Ray Piselli, vice president of international business at Lockheed Martin (NYSE: LMT), said the company plans to spend as much
GovCon Expert Jim McAleese Analyzes 2021 Financial Results of Defense PrimesFinancial Reports

GovCon Expert Jim McAleese Analyzes 2021 Financial Results of Defense Primes

A new McAleese & Associates report says most defense prime contractors recorded a 2 percent to 3 percent increase in
NDIA Releases ‘Vital Signs 2022’ Report on Defense Industrial Base’s HealthIndustry News

NDIA Releases ‘Vital Signs 2022’ Report on Defense Industrial Base’s Health

A National Defense Industrial Association report says the readiness and health of the defense industrial base received an “unsatisfactory” score
GovCon Expert McAleese: Defense Primes Posted Higher Q3 Sector ProfitFinancial Report

GovCon Expert McAleese: Defense Primes Posted Higher Q3 Sector Profit

A new McAleese & Associates report says major defense prime contractors recorded a 4 percent to 6 percent increase in
Boeing Seals $15B Follow-On Deal for US Military Platform Supply Chain Services; Dan Gillian QuotedContract Awards

Boeing Seals $15B Follow-On Deal for US Military Platform Supply Chain Services; Dan Gillian Quoted

Boeing (NYSE: BA) has closed on a 10-year, $15 billion contract with the Defense Logistics Agency to extend the company’s
Executive Order Gives DOD’s Acquisition Chief Authority Over National Defense StockpileNews

Executive Order Gives DOD’s Acquisition Chief Authority Over National Defense Stockpile

President Joe Biden has signed an executive order delegating authority to the undersecretary for acquisition and sustainment at the Department
Phebe Novakovic: General Dynamics Works Through Supply Chain DisruptionsFinancial Report

Phebe Novakovic: General Dynamics Works Through Supply Chain Disruptions

Phebe Novakovic, chairman and CEO of General Dynamics (NYSE: GD) and a seven-time Wash100 Award winner, said the Reston, Virginia-based