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  • Pentagon Leaders, Trade Associations Discuss Defense Industry's Environment - top government contractors - best government contracting event
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    Pentagon Leaders, Trade Associations Discuss Defense Industry’s Environment

    Defense Secretary Ashton Carter and Pentagon acquisition chief Frank Kendall met with three defense trade associations in an effort to understand and address issues that affect the aerospace and defense industry. CEOs and senior executives from the National Defense Industrial Association, Aerospace Industries Association and the Professional Services Council discussed acquisition and budget challenges within the […] More

  • A&D Industry Vet Mike Greenley Joins L-3 as WESCAM Subsidiary President - top government contractors - best government contracting event
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    A&D Industry Vet Mike Greenley Joins L-3 as WESCAM Subsidiary President

    Mike Greenley, formerly vice president and general manager of CAE‘s Canadian operations, has been named president of L-3 Communications‘ WESCAM subsidiary. He will be based at the WESCAM headquarters in Ontario, Canada, and report directly to Jeff Miller, president of L-3’s integrated sensor systems sector, L-3 said Tuesday. Greenley was responsible for the general management and operation of CAE […] More

  • Technavio: Global Defense IT Spending Market to Reach $108B by 2020 - top government contractors - best government contracting event
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    Technavio: Global Defense IT Spending Market to Reach $108B by 2020

    Technavio has forecasted that global defense information technology spending will reach $108.4 billion by 2020 as continued demand for IT and technology offerings in the defense industry drive the need for technological support services. The company said Friday the market will see a compound annual growth rate of at least three percent over the forecast period. IT investments will work […] More

  • Raytheon’s Thomas Kennedy: DoD Eyes Next-Gen Tech Against ‘Peer Nation-Type Threats’ - top government contractors - best government contracting event
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    Raytheon’s Thomas Kennedy: DoD Eyes Next-Gen Tech Against ‘Peer Nation-Type Threats’

    Raytheon CEO Thomas Kennedy told Defense News in an interview published Monday the U.S.’ and other countries’ efforts to protect sovereignty and address concerns linked to what he called “peer nation-type threats” have spurred a change in the defense industry. “The Department of Defense is realizing we have to get to the next generation of […] More

  • LMI Defense Sector Lead Mary Margaret Evans Named to NDIA Board of Trustees - top government contractors - best government contracting event
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    LMI Defense Sector Lead Mary Margaret Evans Named to NDIA Board of Trustees

    Mary Margaret Evans, vice president of business development for the defense sector at LMI, has been appointed to the National Defense Industrial Association’s board of trustees. LMI said Monday Evans will bring her defense industry and acquisition reform experience to her role at NDIA. NDIA aims to promote the development of weapons systems, technology platforms, training […] More

  • Lockheed EVP Rick Ambrose to Speak at Atlantic Council's 'Captains of Industry Series' - top government contractors - best government contracting event
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    Lockheed EVP Rick Ambrose to Speak at Atlantic Council’s ‘Captains of Industry Series’

    The Atlantic Council‘s Captains of Industry Series will feature Rick Ambrose, a Lockheed Martin executive vice president, in its next event on June 8, 2016. The Council said that Ambrose will hold a discussion on Lockheed’s opinion in the evolving space sector. The Captains of Industry Series showcases aerospace and defense industry senior executives and their opinions on matters that affect the industry to help constituents […] More

  • Report: UTC in Talks with Multiple Bidders for Sikorsky - top government contractors - best government contracting event
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    Report: UTC in Talks with Multiple Bidders for Sikorsky

    United Technologies Corp. has confirmed that it is currently in negotiations with multiple bidders for the acquisition of UTC subsidiary Sikorsky Aircraft, Defense News reported Saturday. Andrew Clevenger writes that sources have named the bidders as Airbus, Blackstone, Lockheed Martin and Textron. The report said the news comes after UTC announced its plan to either sell or spin […] More

  • Report: Rising Usage of Small UAVs Boosts Market for Counter-UAV Systems - top government contractors - best government contracting event
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    Report: Rising Usage of Small UAVs Boosts Market for Counter-UAV Systems

    The increasing usage of small unmanned aerial vehicles is driving industry to respond with new technologies that work to protect infrastructure and people from potential UAV threats, Defense News reported Saturday. Andrew Chuter writes that MBDA, Thales‘ subsidiary in the Netherlands and other companies have introduced new counter-UAV equipment at the recent Paris Air Show, […] More

  • Raytheon's Dave Wajsgras Urges Increased Cyber Investment Following OPM Breach - top government contractors - best government contracting event
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    Raytheon’s Dave Wajsgras Urges Increased Cyber Investment Following OPM Breach

    Dave Wajsgras, president of Raytheon‘s intelligence, information and services businesses, has urged the government and private sector to boost investments in cybersecurity following the recent Office of Personnel Management data breach, Reuters reported Thursday. Andrea Shalal writes that the Raytheon executive has joined other defense industry leaders in calling for increased vigilance and stronger measures […] More

  • Bluestone Capital Partners: Defense Sector to Start Recovery in 2015 - top government contractors - best government contracting event
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    Bluestone Capital Partners: Defense Sector to Start Recovery in 2015

    A new report by Bluestone Capital Partners indicates an improving market performance for the defense industry in 2015 after almost five years of being outperformed by the aerospace industry. The company said that businesses in the aerospace and defense sector with significant defense exposure have achieved a median trading multiple of at least 10-times earnings before interest, taxes, depreciation and amortization this year […] More

  • Reuters: BAE CEO Ian King Forecasts Stability for US Defense Industry - top government contractors - best government contracting event
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    Reuters: BAE CEO Ian King Forecasts Stability for US Defense Industry

    BAE Systems CEO Ian King believes that the U.S. defense industry is making a recovery in 2015 and forecasts a shift in government defense spending toward stability then a “modest” increase in the coming years, Reuters reported Thursday. Sarah Young writes the company sees a return to earnings growth this year due to a potential increase in demand for aircraft and […] More