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RUTH ANN CLARK
When Ruth Ann Clark drives to or from the six JPMorgan Chase offices she oversees, she leaves her radio turned off. These commutes create a white space for Clark to sort through and analyze data to identify potential solutions — in short: great thinking time. “That is one of the things I try to prioritize.” […]
Intelsat to be acquired by SES for $3.1B
McLean-based satellite services provider Intelsat announced Tuesday that it has made a deal to be acquired by SES, a Luxembourg-based competitor, for $3.1 billion in cash. The deal is expected to close during the second half of 2025, depending on regulatory clearances and other factors, according to a news release. Intelsat CEO David Wajsgras will […]
McLean’s Iridium closes on Satelles deal
McLean-based Iridium Communications, a global satellite communications company, has completed its previously announced acquisition of Satelles, a Reston-based provider of satellite-based time and location services that assist GPS and global navigation satellite systems (GNSS), the company announced Tuesday. Iridium first announced the acquisition in March. The positioning, navigation and timing se[...]
The Aerospace Corp. relocates HQ to Chantilly
The Aerospace Corp., a nonprofit government contractor that bills itself as running the nation’s only federally funded research and development center “committed to the space enterprise,” officially relocated its headquarters from El Segundo, California, to Chantilly on Thursday. The organization, which provides technical expertise in space-related science and engineering, has no plans f[...]
Boeing CEO Calhoun to step down by year-end
Amid ongoing bad press over production problems and fallout from a high-profile January incident in which a 4-foot wall panel blew out of a Boeing 737 Max 9 jet cabin in mid-air, Boeing announced Monday that its president and CEO, Dave Calhoun, would step down from his position leading the embattled Arlington County-based Fortune 500 […]
Rocket Lab USA launches first US mission for NRO from Wallops
California-based Rocket Lab USA successfully launched a mission for the U.S. National Reconnaissance Office on Thursday from Launch Complex 2 at NASA’s Wallops Flight Facility in Accomack County, the aerospace company announced. The Eastern Shore mission, dubbed “Live and Let Fly,” was Rocket Lab’s first launch from U.S. soil for the NRO, which builds, designs, […]
BAE Systems closes $5.6B acquisition of Ball Aerospace
Falls Church-based BAE Systems Inc., the U.S. arm of the British defense giant BAE Systems, has completed its $5.6 billion acquisition of Colorado-based Ball Aerospace from Ball Corp. BAE Systems announced Feb. 14 it earned the necessary regulatory approvals and followed that with a Feb. 16 announcement of the deal’s completion. The company first announced […]
Virginia 500 Spotlight: CLAYTON TURNER
FIRST JOB: Stock boy at Sears WHAT MAKES ME HAPPIEST: Family and NASA MY MOST VALUED POSSESSION: Joy HOW I BALANCE MY WORK AND PERSONAL LIVES: By being fully present in both for all activities and interactions and not allowing artificial urgency to encroach from one to the other TRAIT I MOST ADMIRE IN OTHERS: […]
General Dynamics names new CFO, makes other leadership changes
Reston-based General Dynamics, the world’s sixth-largest aerospace and defense company, announced a slew of personnel changes Friday, including a new chief financial officer. Kim Kuryea, currently senior vice president of human resources and administration, will become General Dynamics’ CFO on Feb. 15, replacing Jason Aiken, who will focus solely on his role as executive vice […[...]
RTX’s Pratt & Whitney division receives $701M aircraft contract
Arlington-based defense giant RTX‘s Pratt & Whitney aerospace division in Connecticut will provide sustainment and other support services for propulsion systems on the F-35 fighter jet under a $701 million modification to a Navy contract. Pratt & Whitney will provide program management, propulsion integration, engineering, management services, software sustainment, security managemen[...]
Va. joins collaborative to launch air taxi industry
Virginia has joined seven other states in forming a collaborative to support the growth of the advanced air mobility industry. The Advanced Air Mobility Multistate Collaborative represents all aviation modes, including small uncrewed aircraft systems (sUAS) and electric vertical takeoff and landing vehicles (eVTOL), which are both often referred to as air taxis, as well […]
Electra’s hybrid prototype aircraft takes first flight
This story was updated Dec. 1. A Manassas aircraft manufacturer that’s developing an electric short takeoff and landing (eSTOL) aircraft logged a significant milestone Nov. 19 when it completed its first hybrid-electric flight. Electra’s EL-2 Goldfinch took off from Manassas Regional Airport and flew 23 minutes, reaching an altitude of 3,200 feet and covered about […]
