Tag Archives: aerospace and defense

Oceaneering International has reorganized its business units into five operating segments and will report financial results for the quarter ending Sept. 30 in accordance with the realignment.

Aerospace and defense contractors have come up with ways to enable their interns to work virtually as they continue their efforts to build up their workforce amid the coronavirus pandemic, Government Executive reported Tuesday.

Exostar has launched a working group that will work to modernize supply chain operations in the aerospace and defense sectors.

General Motors' defense business plans to leverage the parent company’s commercial research-and-development efforts to support its work in defense and aerospace areas, National Defense reported Thursday.

Mercury Systems has made a strategic investment of $15M to expand its custom microelectronics business and deliver commercial silicon technology platforms to the Department of Defense.

Thomas Kennedy, chairman and CEO of Raytheon, told Defense News in an interview published Wednesday that he and Greg Hayes, chairman and CEO of United Technologies Corp., met with President Donald Trump on June 10 to explain that the proposed Raytheon-UTC combination is complementary and not competitive.

Artificial intelligence, machine learning, predictive analytics, digital twins, internet of things and other intelligent technologies that use and process data could provide actionable insights that could help aerospace and defense companies gain visibility into the supply chain and facilitate the decision-making process.

The Albers Group and Sodius have partnered with the goal to help defense and aerospace organizations implement a model-based engineering approach by combining systems and unified modeling languages.

Washington, D.C.-based Enlightenment Capital has raised $250M in capital commitments for its third fund, exceeding the private investment firm’s $200M target. The completion of Fund III will allow the company to continue to carry out its strategy to invest in middle-market firms in the aerospace, defense and government markets, Enlightenment Capital said Thursday.

Timothy Alden, a more than 20-year defense, aerospace and government services industry veteran, has joined Macquarie Capital as a managing director.

Mercury Systems will offer a full-stack security platform that Intel and Lockheed Martin have jointly developed to help clients secure mission data from cyber attacks.

A Deloitte article says aerospace and defense companies should focus on four key areas to achieve digital transformation and one of those is implementing agile production and predictive quality controls in response to evolving demands. A&D companies should also create new business models, advance collaboration with the supply chain and protect data and intellectual property from cyber vulnerabilities, according to the article published Tuesday.

Executive Mosaic is honored to introduce Scott McIntyre, CEO of Guidehouse, as an inductee into the 2019 edition of Wash100 — Executive Mosaic’s annual selection of influential leaders in the government contracting arena — for his leadership in PwC’s rebranding into Guidehouse and his role in expanding cybersecurity in the company. This marks the third consecutive Wash100 award for McIntyre.

Rep. Anthony Brown (D-Md.) has announced plans to launch a local consortium that aims to connect small and large defense and aerospace companies to educational institutions to address workforce shortages and other challenges facing the defense sector. The Maryland Defense and Aerospace Consortium is scheduled to hold its first meeting on Tuesday at Capitol Hill, Brown’s office said in a news release published Monday.
 

Lockheed Martin CEO Marillyn Hewson has said government, academic and industry leaders should work together and “take a holistic view of workforce development” to address the shortage of skilled employees in the aerospace and defense sector and advance innovation. Hewson wrote in an opinion piece posted Thursday on Fox News that the current administration …