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FAA probes Boeing’s possible role in 737 Max 9 cabin blowout
Nearly a week after a four-foot wall panel blew out of a Boeing plane cabin midair, exposing Alaska Airlines passengers to open air at 16,000 feet, the Federal Aviation Administration formally notified the Arlington County-based aerospace giant Wednesday that it will investigate the company’s potential role in the incident and whether it failed to ensure […]
Parsons lands $250M classified contract
Parsons won a classified federal contract valued at more than $250 million, the Chantilly-based Fortune 1000 defense contractor announced Tuesday. “This award represents a critical task that the corporation and its acquired companies have been performing for over a decade,” according to a Parsons news release. The contract has a base period of one year […]
Northrop Grumman to establish $200M Waynesboro facility
Falls Church-based Fortune 500 defense contractor Northrop Grumman will invest more than $200 million to establish an advanced electronics manufacturing and testing facility in Waynesboro, creating an estimated 300 jobs over the next five years, Gov. Glenn Youngkin announced Tuesday. “Northrop Grumman’s expanding Virginia footprint sends a powerful message that the commonwealth is a ma[...]
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 […]
A bigger piece of the pie
For the past 15 years, Vibhaa Vermani has led a successful woman-owned small government contracting business, providing integrated technical solutions and services to numerous U.S. government agencies, including the Department of Defense and the Internal Revenue Service. Vermani’s Virginia Beach-based company, Chitra, is one of many Virginia small businesses thriving in the federal contracti[...]
Federal Contractors | Technology 2023: JEFF SHOCKEY
Shockey is lead executive at the Arlington corporate headquarters of the world’s second largest defense contractor, RTX. Formerly Raytheon Technologies, the company announced a reorganization in June. In February, he became the senior official in Arlington upon the retirement of Roy Azevedo, who was president of Raytheon Intelligence & Space, now consolidated with Raytheon Missiles [&hel[...]
Federal Contractors | Technology 2023: KATHY WARDEN
Warden was named CEO of the world’s third largest aerospace and defense company in 2019 after serving as its president and chief operating officer. Ranked No. 38 on Forbes’ 2022 World’s 100 Most Powerful Women list, she previously worked for General Dynamics and Veridian before joining Northrop Grumman in 2008. Ranked No. 113 on the […]
Federal Contractors | Technology 2023: DAVID CALHOUN
Boeing encountered some issues this spring in producing its 737 Max and 787 Dreamliner planes, due to manufacturing problems, which has contributed to an industrywide shortage of new jets. In a May Bloomberg interview, Calhoun, who heads the world’s fifth largest defense contractor, said that supply chain disruptions to the aerospace industry could continue “for […]
Federal Contractors | Technology 2023: TOM ARSENEAULT
As head of one of the Pentagon’s 10 biggest prime contractors, Arseneault has spent his career heading complex organizations on challenging missions. BAE Systems Inc. is the U.S. arm of the British defense giant and reported $12.6 billion in revenue in 2022. It has 31,300 employees in the U.S., including more than 5,000 in Virginia. […]
Federal Contractors | Technology 2023: ADAM RIDDLE
Riddle was named chairman and CEO of Rolls-Royce North America and president of its defense division in April, succeeding Thomas Bell, who left to become CEO of Leidos Holdings. Riddle has worked for the British aero-engineering company’s defense branch for more than a decade. He most recently headed up its global services operations, which accounts […]
Parsons acquires Md. federal contractor for $200M
Centreville-based Fortune 1000 defense contractor Parsons has acquired Maryland-based contractor Sealing Technologies in a deal valued at $200 million. Parsons announced the deal Wednesday. The acquisition expands Parsons’ customer bases across the Department of Defense’s intelligence community and enhances its capabilities in defense cyber operations, integrated mission-solutions powe[...]
After protests, CACI prevails on $5.7B Air Force IT contract
After rounds of protest from other bidders, Reston-based CACI International Inc. announced Tuesday that it will transform the Air Force‘s IT service delivery for more than 800,000 airmen and Space Force guardians under a $5.7 billion contract. Enterprise Information Technology as a Service (EITaaS) Wave 1, an Air Force initiative, includes transforming the Air Force’s […]
