Lockheed Martin said today Michele Evans, who led the company's aeronautics business, died yesterday.
Tuesday, May 14, 2024
Tuesday, May 14, 2024
Marjorie Censer was Inside Defense's editor until July 2021. She previously worked at the Washington Post and its local business publication Capital Business, covering defense industry reshaping, the increased scrutiny of contractors following the Edward Snowden case and the challenges of canceling military programs. From 2007 to 2010, she was managing editor of Inside the Army. She also previously worked as defense editor at POLITICO and as a staff writer at the Carroll County Times and the Princeton Packet. A Fairfax native, she graduated from Princeton University.
Lockheed Martin said today Michele Evans, who led the company's aeronautics business, died yesterday.
In the coming year, the Biden administration is likely to face multiple defense-related challenges and complications, particularly as it grapples with the COVID-19 pandemic and its effect on the economy.
Vectrus said this week it has agreed to acquire Herndon, VA-based Zenetex, which specializes in mission readiness, performance and enhanced protection for defense and national security, in a $112 million deal.
You read it, we noticed. It was a busy year with a global pandemic and an election. Our top stories ran the gamut, from a major contract cancellation to the latest on DOD pandemic recovery and the presidential transition.
The Government Accountability Office said today 2,149 protests were filed in fiscal year 2020, down about 2% from the prior year.
Elbit Systems of America has agreed to acquire Sparton from an affiliate of private-equity firm Cerberus Capital Management for $380 million.
Lockheed Martin's chief executive said today the company has not yet received "direct feedback" from government customers about its proposed purchase of Aerojet Rocketdyne, but is hopeful "we'll have a mutual understanding of the benefits." (UPDATED)
Lockheed Martin said today it has agreed to buy Aerojet Rocketdyne for $56 per share in cash in a deal worth a total $4.4 billion.
Huntington Ingalls Industries said today it has named Chris Kastner, the company's chief financial officer, chief operating officer and promoted Thomas Stiehle, CFO of Ingalls Shipbuilding, to replace Kastner.
GM Defense said today it has begun renovations on an existing GM building in Concord, NC, to support production of the Infantry Squad Vehicle.
BWX Technologies said today retired Adm. John Richardson, the former chief of naval operations, has been named to its board of directors.
As the incoming Biden administration announces its nominees for top roles, Pentagon observers say contractors should watch for some changed priorities -- but that supply chain policy will likely continue to be a focus.
BAE Systems said today it has promoted Jeremy Tondreault to president of its platform & services sector, effective Jan. 4.
Space company Redwire said today it has acquired LoadPath, which develops payload adapters, deployable structures and thermal products for the space industry.
Northrop Grumman said today it will begin collaborating with and investing in Deepwave Digital to "support research, development and integration of artificial intelligence (AI) technologies."
Following its completed acquisition, 1901 Group, which specializes in managed IT services and cloud solutions, will likely begin as a wholly owned subsidiary aligned with Leidos' defense group, according to the head of the defense business.
ManTech International said today it has acquired cybersecurity company Tapestry.
Contracting executives and industry associations have sent letters to Capitol Hill calling on Congress to extend a legislative provision that reimburses contractors for employees who are unable to work during the pandemic but are kept in a "ready state."
Lockheed Martin said today its accelerated payments to suppliers should total more than $1 billion by the end of 2020.
Leidos said today it has agreed to acquire 1901 Group, which specializes in managed IT services and cloud solutions, for $215 million.