James Taiclet, president and CEO of Lockheed Martin, said acquiring Aerojet Rocketdyne will bring in propulsion systems for potential integration with Lockheed-built missile and rocket offerings, Via Satellite reported Monday. Taiclet told analysts Monday during a conference call he expects the transaction to support upfront design, production planning and engineering integration efforts at the Bethesda, Maryland-based aerospace and defense company.
Read More »Executive Spotlight: John Song & Jean Stack, Managing Directors with Baird
John Song and Jean Stack, managing directors with Baird, recently spoke with ExecutiveBiz regarding the organization’s recent efforts within mergers & acquisition (M&A), following the close of NuWave’s acquisition of BigBear and Jacobs’ recent purchase of The Buffalo Group. The two leaders also discussed current market trends, and provided insight into Baird's upcoming Government & Defense Conference.
Read More »Lockheed to Buy i3’s Hypersonic Tech Business; Eric Scherff Quoted
Lockheed Martin has signed a definitive agreement to acquire a portion of Integration Innovation Inc. (i3), a software and systems engineering company, to advance hypersonic-specific technology platforms for the warfighter. "This business combination not only reinforces our commitment to their missions, but also expands our portfolio in a strategic way,” said Eric Scherff, vice president of Hypersonic Strike Programs at Lockheed Martin.
Read More »Air Force Taps Battelle for Hypersonic Materials Production Services
Battelle has won a potential seven-year, $46.3M contract to help the U.S. Air Force develop a materials engineering concept and support the manufacture of technologies that can withstand extreme hypersonic environments.
Read More »Ansys, University Of Texas Partner to Create Hypersonic Tech Validation Workflow
Ansys and the University of Texas at Arlington have partnered to develop a workflow to validate system models for hypersonic aircraft, missile prototype and space vehicle testing use.
Read More »Northrop’s Kenn Todorov on Need to Build Space Layer to Counter Hypersonic Threats
Kenn Todorov, vice president and general manager of combat systems and mission readiness at Northrop Grumman, said the federal government should provide funding and establish a clear path to developing a network of space sensors to address the threat posed by hypersonic weapons, the Washington Business Journal reported Thursday.
Read More »Steve Schorer: MacB Acquisition Prompts Alion to Focus More on Tech Work
Steve Schorer, chairman and CEO of Alion Science and Technology and a previous Wash100 awardee, said the acquisition of MacAulay-Brown has helped the company to focus more on technology work, particularly in the areas of artificial intelligence and electronic warfare, Inside Defense reported Tuesday.
Read More »SDA Seeks Prototypes for Multilayered Space Defense Architecture
The Space Development Agency is soliciting concepts for space technologies to support a proposed defense architecture for hypersonic missile tracking and position, navigation and timing operations.
Read More »Johns Hopkins APL, Purdue University Form Hypersonics Research Partnership
Johns Hopkins University’s Applied Physics Laboratory has partnered with Purdue University to help drive joint research and development efforts on hypersonics technology.
Read More »Industry Execs Share Financial Outlook, Insights on FY 2021 Defense Budget
Executives from Lockheed Martin, Northrop Grumman and Huntington Ingalls Industries have expressed optimism on their financial performance in 2021 amid the COVID-19 pandemic, USNI News reported Monday.
Read More »Stratolaunch Pursues Development of ‘Talon-A’ Hypersonic Vehicle
Stratolaunch is working on a reusable hypersonic vehicle designed to fly at speeds of up to Mach 7 to support hypersonic experiments, research and operational missions, SpaceNews reported Monday. Talon-A is an 8.5-meter-long hypersonic vehicle with a liquid-propellant rocket engine and a 3.4-meter wing span that can launch from the company’s carrier aircraft.
Read More »DARPA, Lockheed Continue ‘OpFires’ Next-Gen Missile System Dev’t
Lockheed Martin and the Defense Advanced Research Projects Agency have begun the third increment of an effort focused on developing ground-launched missile systems to handle the operation of next-generation weapons like hypersonics technology.
Read More »Stratolaunch Eyes FAA Certification for High-Speed Flight Tests
Stratolaunch Systems intends to establish industry partnerships on hypersonic efforts and continue high-speed flight testing activities by September, SpaceNews reported Wednesday.
Read More »Gen. David Goldfein, Air Force Chief of Staff, Named to 2020 Wash100 for Advancing USAF’s Digital, Technological Capabilities
Executive Mosaic is honored to announce Gen. David Goldfein, chief of staff of the U.S. Air Force, as an inductee into the 2020 edition of the Wash100 Award for his efforts to advance digital architecture, software and operations as well as weapons and space capabilities for the USAF.
Read More »KippsDeSanto’s Bob Kipps on GovCon M&A Market in 2020
Bob Kipps, co-founder and managing director of investment bank KippsDeSanto & Co. and a former Wash100 award winner, told the Washington Business Journal in an interview published Thursday that the company is “bullish” as it looks to the mergers and acquisitions market for government contracting in 2020.
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