Sign In
Free Newsletter
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 […]
Leidos shakes up C-suite in restructuring
Months after new Leidos CEO Tom Bell hinted at a “new North Star” for the Reston-based Fortune 500 contractor, the company has announced a shakeup of its C-suite and a reorganization. The company solidified the changes Thursday, two days after releasing its third-quarter report, which included revenues of $3.9 billion for the quarter, an increase […]
Scout Space founder has out-of-this-world goals
Eric Ingram wanted two things as a kid: blue hair and to travel to space. As CEO of Alexandria-based aerospace startup Scout Space, Ingram found the freedom to establish his now-trademark electric-blue hair. And it might provide the boost to reach that other goal. Ingram co-founded Scout Space in 2019 while he was furloughed from […]
Alexandria’s SPA acquires aerospace co.
Alexandria-based Systems Planning & Analysis, a portfolio company of investment firm Arlington Capital Partners, has acquired Florida aerospace engineering company PRKK. Terms of the deal, which was announced Wednesday, were not disclosed. Founded in 2006 with primary work locations in Virginia and Colorado, PRKK has about 125 employees who will become part of SPA’s space […]
Federal Contractors | Technology 2023: THEODORE ‘TED’ COLBERT III
Recent years have been brutal for Boeing, which has dealt with supply-chain disruptions and delays in its defense programs. Named head of the world’s fifth largest defense contractor’s defense, space and security division in 2022, Colbert said in June at the Paris Air Show that he expected second quarter 2023 losses similar to this year’s […]
