Latest Federal & Government Contracting Companies' News Coverage

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Latest Federal & Government Contracting Companies' News Coverage

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Lockheed Martin‘s Derco subsidiary will serve as an exclusive repair services provider for C-130 and F-16 aircraft components that Arkwin Industries produces. The contract supplements Derco’s exclusive distribution agreement and extends its partnership with Arkwin that commenced in 2017, Lockheed said Thursday. Derco’s 80,000 square-foot repair center will provide expanded in-house services and support for […] More
Lockheed Martin subsidiary Derco will continue as distributor of propeller system component spares through an agreement with Triumph Engine Control Systems. Derco will distribute Triumph’s pump assembly spares for the 54H60 propeller system for another five years under an extension agreement in support of C-130 Hercules and P-3 international operations, Lockheed said Wednesday. Tim Cornell, senior manager […] More
Lockheed Martin‘s Derco subsidiary will continue to serve as the exclusive distributor of a Universal Synaptics technology designed to help operators detect intermittent errors in electronic equipment or wiring on multiple aircraft platforms. Derco will distribute the Intermittent Fault Detection and Isolation System as well as the portable Voyager Intermittent Fault Detector system to customers worldwide under a […] More
Senior Aerospace SSP and Lockheed Martin‘s Derco subsidiary have renewed an agreement that designates the latter as an international military aftermarket distributor of SSP. Lockheed said Monday the agreement will provide quantity break pricing benefits and will make SSP products immediately available to Derco customers. Kaan Tuncel, Derco director of strategic partnerships, said the renewed agreement will allow […] More
Lockheed Martin has designated Derco Repair Services as an authorized F-16 repair center under the Lockheed Hologram certified parts program in a move to expand the defense contractor’s global supply chain services for F-16 operators. Lockheed grants the Hologram designation to repair and overhaul facilities that pass its quality assurance requirements, the company said Wednesday. Derco will join two other […] More
Cloud security company Redacted has appointed Jim Hansen, former chief operating officer and co-founder of Mandiant, to serve as CEO. Hansen will replace Max Kelly, who will transition to the executive chairman role after serving as chief executive for the past seven years, Redacted said Monday. “As a customer-obsessed leader with an extreme bias towards […] More
Tony Crescenzo, CEO of Intelligent Waves, recently sat down with ExecutiveBiz for the publication’s latest Executive Spotlight interview to discuss his promotion from president to CEO and his growth initiatives and drive for Intelligence Waves’ scalability. In addition, Crescenzo also discussed the company’s culture and how it’s addressing the recruitment challenges in the federal sector […] More
Lockheed Martin second-tier subsidiary Derco has signed an agreement with United Technologies Corp.‘s aerospace systems unit for Derco to distribute UTC propeller system spares. The 20-year agreement furthers the relationship established in 1997 between the companies and will focus on the international distribution of 54H60 spares for legacy C-130B-H/L-100 Hercules aircraft, Lockheed said Tuesday. Jean-Francois Chanut, […] More
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