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Leidos wins $331M Army IT contract
The U.S. Army has awarded a $331 million IT contract to Leidos to modernize its network, the Reston-based Fortune 500 federal contractor announced Monday. The Army Program Executive Office for Command, Control, Communications and Network (PEO C3N), formerly known as the PEO C3T, awarded the contract, which has a one-year base period of performance with […]
Raytheon to pay $950M+ to resolve fraud, bribery charges
The U.S. Department of Justice announced Wednesday that Arlington County’s Raytheon, a subsidiary of aerospace and defense contractor RTX, has agreed to pay more than $950 million to resolve multiple allegations that include fraud and bribing a Qatari official. Under Wednesday’s settlement, Raytheon must pay the following penalties: For two counts of major fraud in […]
Three Va. CEOs make world’s most powerful women list
Three Virginia CEOs made Fortune’s 2024 list of the world’s 100 Most Powerful Women in business, which the media company released Wednesday. Kathy J. Warden, chair, president and CEO of Falls Church-based Fortune 500 defense contractor Northrop Grumman ranked highest among the trio of Virginia leaders, taking the No. 25 spot — a drop from […]
A smart defense
In late 2020, the Air Force made headlines when it announced that an artificial intelligence co-pilot, named ARTUµ, helped command and control a U.S. military spy plane for the first time in history. If the name, pronounced R-2, sounds familiar, it is. Think R2-D2, or “Artoo,” Luke Skywalker’s lovable droid and X-Wing copilot from the […]
V2X lands up to $747M Navy contract
V2X has received an up to $747 million U.S. Navy contract to maintain F-5 supersonic fighter jets used in military training exercises, the McLean-based Fortune 1000 aerospace and defense contractor announced Monday. Under the single-award, indefinite-delivery, indefinite-quantity contract, V2X will be responsible for providing critical support and operational readiness of the F-5 aircraft, which t[...]
CGI Federal to acquire Vienna government contractor
CGI Federal, the U.S. arm of Montreal-based IT and professional services consultancy CGI, announced this week it plans to acquire Aeyon, a Vienna-based federal IT consulting firm. The purchase, for which terms were not disclosed, is expected to close by the end of September. With 725 employees, Aeyon has been owned by Enlightenment Capital, a […]
Boeing names Ortberg as new president and CEO
Updated Aug. 1 Boeing’s board of directors announced Wednesday that Robert K. “Kelly” Ortberg will be its next president and CEO effective Aug. 8, succeeding Dave Calhoun, who previously announced his intention to step down after a turbulent, nearly four-year tenure as the Arlington County Fortune 500 aerospace and defense giant’s chief executive. According to […]
2024 Virginia CFO Awards: Large Business: Sean Daily, CAES
Sean Daily, chief financial officer of Arlington County defense technology contractor CAES, didn’t set out to forge a career in defense. But an interest in corporate finance, sparked by an internship at Marriott International, combined with an opportunity to join Lockheed Martin after his graduation from Virginia Tech. Soon enough, “I developed an interest in […]
Leidos wins $823M task order
The U.S. Defense Information Systems Agency (DISA) has awarded Leidos an $823 million task order to provide operations and sustainment for the Department of Defense Network program (DoDNet), the Reston-based Fortune 500 federal contractor announced Monday. In 2022, DISA, which provides information technology and communications services for national leaders, the military services and others, awarde[...]
Raytheon gets $325M boost to StormBreaker contract
The U.S. Department of Defense has increased the ceiling of an existing U.S. Air Force contract held by Arlington County’s Raytheon, a subsidiary of Fortune 500 defense contractor RTX, by $325 million, the Department of Defense announced Friday. The contract, under which Raytheon is producing StormBreaker Increment II small-diameter glide bombs for fighter jets, has been […]
Herndon’s Akima wins $480M Space Force contract
The U.S. Department of Defense has awarded Five Rivers Analytics, a subsidiary of Herndon-based government contractor Akima, an indefinite-delivery, indefinite-quantity contract worth up to $480 million over 10 years, Akima announced last week. Based in Colorado, Five Rivers Analytics provides classified IT and mission support services and bills itself as “a small business backed by […]
Guidehouse lands $12B ICBM support contract
McLean-based consultancy Guidehouse has won a contract valued up to $12 billion for systems engineering supporting the Air Force’s intercontinental ballistic missiles fleet, although the initial contract awardee has filed a protest. The single-award contract, announced Feb. 28 by the Defense Department and April 15 by Guidehouse, is the Integration Support Contract 2.0. Guidehouse was […]
