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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Lockheed Martin, Raytheon Technologies, L3Harris Technologies and other U.S. defense contractors are facing workforce challenges that mostly resulted from pandemic-driven layoff and furlough activities and are seeing supply chain problems compounded by staffing issues, The Wall Street Journal reported Saturday. The downturn in employment numbers in the defense industry persists amid expectations of higher demand […] More
United Technologies Corp. has appointed Diane Bryant, Intel executive vice president, to become a member of the global industrial conglomerate’s board of directors effective Jan. 1. 2017. Bryant currently leads the development of platforms for the digital services industry as general manager of Intel’s data center group, UTC said Wednesday. UTC CEO Greg Hayes said Bryant’s technology and digital economy […] More
Trusted contractors collaborate with the United States federal government to deliver a wide range of advanced products and services, spanning various industries, from everyday items like paper clips to heavy equipment such as tankers and aircraft carriers. The government contracting sector is a massive industry due to the fact that the U.S. government holds the […] More
Several Virginia-based defense, aerospace and government services companies landed spots on the 2023 Fortune 1000 list, which ranks the 1,000 largest U.S. public and private corporations by total revenue, Virginia Business reported Monday. Boeing and Raytheon Technologies, previously based in Chicago and Massachusetts, respectively, relocated their headquarters to Arlington County in 2022. New to the […] More
Marino Carducci, most recently executive director of commercial engines at Pratt & Whitney, has been promoted to vice president of military engine production at the Raytheon Technologies subsidiary. He started his career at Hamilton Sundstrand and managed engines and control systems there as a director, according to his LinkedIn profile. Carducci then worked at United […] More
Image by Kristi Blokhin from Shutterstock.com Raytheon Technologies is a leading aerospace and defense company and manufacturer of technologies for mission-critical operations. The company’s primary customer is the Department of Defense, providing the military with the latest equipment and services. Take a look at Raytheon Technologies’ leaders, founders, and executives. About Raytheon Technologies Image from […] More
The defense industry is a big global market, generating multi-billion contracts from the federal sector, foreign governments, and international customers. As the United States government is the single largest customer of goods and services, American companies top the list of the largest defense contractors in the world, supplying industry-leading weapons, electronic systems, and data analytics. […] More

Tom Arseneault, president and chief operating officer of BAE Systems’ U.S. subsidiary and a 2020 Wash100 award winner, said the two business units the company agreed to acquire from Raytheon and United Technologies Corp. will "bolt into existing businesses" within BAE Systems Inc.’s electronic systems sector, Inside Defense reported Monday.

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