Raytheon's missile systems business has received a $32.9M contract modification from the U.S. Navy to develop a small programmable craft designed to counter adversarial integrated air defense systems.Read More »
Tony Moraco, CEO of SAIC, Named to 2019 Wash100 for Creating Strong Organic Sales Growth and Expanding the Company
Executive Mosaic is pleased to announce Tony Moraco, CEO of SAIC, as an inductee into the 2019 edition of the Wash100 — Executive Mosaic’s annual selection of the most influential leaders in the government contracting industry — for his role in SAIC’s ongoing $2.5B acquisition of Engility and driving five consistent quarters of financial success for the company. This marks Moraco’s sixth Wash100 win.Read More »
A new Albuquerque, N.M.-based defense company founded by former Raytheon employees has begun to design and produce technology platforms for counter-drone operations and satellite communications, Albuquerque Business First reported Friday. Established in June 2018, Raven Defense occupies a 5K-square-foot office in New Mexico and plans to lease more space as the company works on radio frequency-based platforms and builds up its hiring pipeline through the University of New Mexico's workforce training program and COSMIAC research center.