Aerospace and defense systems company VStar Systems said this week it has opened a corporate office in San Diego.
Tuesday, June 19, 2018
Tuesday, June 19, 2018
Key Issues MQ-25 AFRL Naval aviation depots
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.
703-562-8735Aerospace and defense systems company VStar Systems said this week it has opened a corporate office in San Diego.
The Pentagon is seeking to bolster its DIBNow system, a business intelligence and analytics capability focused on the industrial base, according to the head of the Defense Department's manufacturing and industrial base policy shop.
Science Applications International Corp. said today sales in its most recent quarter reached nearly $1.2 billion, up 7 percent from the same three-month period a year earlier.
The Defense Contract Audit Agency in its annual report states it has reduced the backlog of incurred cost audits to an average age of 14 months and is set to clear the backlog this fiscal year.
ManTech International said today it has named Matt Tait president of its mission solutions and services group, effective July 1.
MAG Aerospace announced this month it has teamed up with private-equity firm New Mountain Capital as it pursues growth.
SOS International said this week it has named John Johns vice president for business development.
The Federal Trade Commission said this week it is imposing conditions on Northrop Grumman to ensure continued competition in the missile systems market following Northrop's acquisition of Orbital ATK.
S&P Global Ratings said today it has lowered its long-term corporate credit rating on Northrop Grumman, arguing the contractor's acquisition of Orbital ATK has significantly deteriorated its credit metrics.
The MITRE Corp. this week named Jim Cook vice president for strategic engagements and partnerships.
Capgemini said today it has agreed to acquire Leidos Cyber, the contractor's commercial cybersecurity arm.
Lockheed Martin Ventures, the venture capital arm of Lockheed Martin that was rebooted two years ago, is set to receive another $100 million in funding following the new tax law, the company said today.
The defense and intelligence market could be upended by non-traditional new participants, two chief executives said during a panel this week.
LMI said today it has named Bettina Garcia Welsh its chief financial officer.
Northrop Grumman said today the Federal Trade Commission has cleared its proposed acquisition of Orbital ATK.
Parsons last month picked up Polaris Alpha, a significant step in its effort to accelerate the growth of its federal business.
Israel Aerospace Industries said today it has named Swami Iyer chief executive of its U.S. subsidiary, known as IAI North America.
AeroVironment said today it has agreed to sell its efficient energy systems business segment to Webasto Group for $35 million.
BAE Systems' U.S. business said today it has named Peter Trainer vice president and general manager of its Air Force solutions unit.
The White House announced Friday evening President Trump intends to nominate Veronica Daigle to serve as assistant secretary of defense for readiness.