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Latest Federal & Government Contracting Companies' News Coverage
Raytheon has received a $44.6 million delivery order to provide advanced technology insertion and integration services for multiple U.S. Navy weapons systems. The Defense Department said Tuesday Raytheon will conduct one lot of research and development design, development studies and technology demonstration efforts under the sole-source order. Work will occur in Tucson, Arizona, through December 2022. […] More
Kelsey DeBriyn has been promoted to vice president of investor relations at Raytheon and succeeded Todd Ernst, who became VP of corporate development in October 2017. Raytheon said Tuesday DeBriyn will lead investor community engagement programs and interact with analysts and institutional investors to inform them about the company’s franchise programs, business objectives, performance, prospects and outlook. […] More
Bloomberg‘s government arm has analyzed the Defense Department‘s unclassified contract obligations and found that DoD awarded a total of $331 billion to contractors over the last fiscal year. Robert Levinson, a senior defense analyst at Bloomberg Government, wrote in a blog entry posted Wednesday that the Department of the Navy, which includes the U.S. Marine Corps, received the highest DoD […] More
A Research and Markets report forecasts the worldwide market for targeting pods will experience a 6.61 percent compound annual growth rate in the next five years as military agencies increase aircraft procurement and modernization efforts. The targeting pods market’s value is projected to increase from $3.3 billion in 2017 to $4.5 billion by 2022, Research Markets said Thursday. Lockheed Martin, L3 […] More
The Intelligence and National Security Alliance has created an advisory committee to offer recommendations and guidance on events, policies and other matters related to INSA and its charitable organization. INSA said Tuesday the panel consists of 26 members who have held senior-level roles within the government or industry and previously served on former INSA advisory […] More
Mark Bigham, chief innovation officer of Raytheon‘s intelligence, information and services business, has said user-friendly graphic interfaces can help prevent human error in the use of emergency management computers. Bigham outlined lessons learned from a false ballistic missile alarm that caused panic across Hawaii, such as the need to create “bold and big” controls meant to activate alarm […] More
Raytheon has received a $70.7 million order to manufacture additional satellite-guided heavy artillery shells for the U.S. Army, Military & Aerospace Electronics reported Friday. The order is for the production of M982 Excalibur 155-millimeter Increment Ib projectiles under option six of a previously awarded contract from the Army Contracting Command. Raytheon’s missile systems business will perform […] More
The Defense Advanced Research Projects Agency and an industry consortium have selected six university research centers to conduct research efforts that seek to address challenges related to microelectronic technologies under a potential five-year, $200 million cost-sharing program. Linton Salmon, manager of DARPA’s Joint University Microelectronics Program, said in a statement published Wednesday JUMP and the […] More
A new Research and Markets report predicts that U.S. spending on defense programs will grow 5.7 percent year-over-year to reach nearly $798 billion by 2022. The U.S. spent about $586.7 billion on defense during 2017 and is projected to have the largest defense expenditure in the world over the next four years, Research and Markets said Wednesday. The report also […] More
Raytheon is considering the foreign military sale of its Tomahawk cruise missiles beyond the U.K., Seapower Magazine reported Wednesday. Christian Sprinkle, Raytheon’s senior program director for Tomahawk, said that the company wants to keep its missile production activities going to be well-positioned to compete for the U.S. Navy‘s Next-Generation Land-Attack Weapon program in 2030. Sprinkle added that Raytheon […] More
Victoria Nuland, former U.S. ambassador to NATO, has been elected by the board of directors to serve as CEO of the Center for a New American Security. CNAS said Tuesday Nuland will work with President Richard Fontaine to help address defense and national security issues and succeed Michele Flournoy, who will help lead the center’s Next […] More
The U.S. Air Force has announced its plan to award a task order to Forcepoint to provide a software platform for the service’s warrior preparation center. Raytheon operates Forcepoint as a cybersecurity joint venture with investment firm Vista Equity Partners. A FedBizOpps notice posted Monday says the Air Force Europe’s WPC will use the Trusted Thin Client software offering to enable exercise […] More
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