Northrop Grumman's chief executive said at a conference today she's closely watching the company's ability to rapidly develop capabilities as well as seeking to ensure its capabilities align with the environment.
Thursday, February 21, 2019
Thursday, February 21, 2019
Marjorie Censer is Inside Defense's editor. 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.
Northrop Grumman's chief executive said at a conference today she's closely watching the company's ability to rapidly develop capabilities as well as seeking to ensure its capabilities align with the environment.
ManTech International said this week sales in its most recent quarter reached $497 million, up about 8 percent from the same three-month period a year earlier.
LMI said this week it has named Ian Folau principal of its new venture capital fund, dubbed LMI Ventures.
Lockheed Martin late last year created a new market segment called spectrum convergence, according to the executive leading the venture.
Aerojet Rocketdyne said this week sales in its most recent quarter reached $438 million, down 17 percent from the same three-month period a year earlier.
Leidos said today sales during its most recent quarter reached $2.7 billion, up about 5 percent from the same three-month period a year earlier. Quarterly profit hit $188 million, up 65 percent from the prior year.
Northrop Grumman said this week it has named Om Prakash chief executive of Northrop Grumman Japan.
Perspecta said this week sales in its most recent quarter reached $1.1 billion, up 49 percent from the same three-month period a year earlier.
The Aerospace Industries Association has been 'working closely' with the Defense Department as DOD weighs how to revamp its approach to progress payments and performance-based payments.
Huntington Ingalls Industries said today sales in its most recent quarter reached $2.2 billion, up 10 percent from the same three-month period a year earlier.
Northrop Grumman said this week it has named Chris Deeble chief executive of Northrop Grumman Australia.
Applied Insight is set to announce today it has acquired Applied Technology Group and Stratus Solutions in an effort to "strengthen Applied Insight’s advanced cloud, analytics and artificial intelligence capabilities."
FLIR Systems announced this week it has agreed to purchase Endeavor Robotics, the former iRobot defense business that was spun off in 2016.
The Pentagon is backing a Government Accountability Office recommendation that the Defense Contract Management Agency create a way to better monitor contractor business system reviews.
Aerojet Rocketdyne says the first four years of its five-year affordability drive have resulted in a 1.1 million-square-foot reduction in the company's facilities.
Leidos said today it sold Lockheed Martin's former Gaithersburg facility late last year.
Science Applications International Corp. said today Nathan Rogers has been named chief information officer, succeeding Bob Fecteau.
LMI said today it has acquired the Tauri Group, a contracting firm focused on national and homeland security.
BAE Systems said today it has signed a new lease for a roughly 200,000-square-foot campus in Manchester, NH, growing its presence in the state.
The number of new vendors joining the federal contracting market as prime contractors grew from 2001 to 2006, but then sharply decreased from 2007 to 2013, according to a report by the Center for Strategic and International Studies.