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Arlington-based Leonardo DRS considering IPO
The Italian federal defense contractor Leonardo, the parent company of Arlington-based Leonardo DRS, is considering holding an initial public offering (IPO) of the U.S. subsidiary. In a Feb. 19 statement the company said it “is evaluating the possibility of proceeding with the listing of Leonardo DRS,” but that a formal decision has not yet been […]
HII lands $2.99B Navy contract
The U.S. Navy awarded Newport News-based Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division a $2.99 billion contract to refuel and overhaul USS John C. Stennis supercarrier, the Department of Defense announced Friday. Under the contract, Newport News Shipbuilding will perform work for the second half of the estimated five-decade service life of the aircraft […]
Northrop Grumman passes early stage of $85B Air Force ICBM contract
Falls Church-based Fortune 500 defense contractor Northrop Grumman Corp. announced Tuesday it underwent the first major design review — a key baseline — for the Air Force’s $85 billion Ground-Based Strategic Deterrent (GBSD) contract. In September 2020, Northrop Grumman announced the Air Force had awarded it the first $13.3 billion phase of the expected $85 […]
Herndon satellite company names chief strategy officer
Herndon-based satellite company HawkEye 360 Inc. announced Wednesday it has hired Kari A. Bingen, a former deputy undersecretary of defense for intelligence and security, as its chief strategy officer. Bingen held her role with the Department of Defense from May 2017 through January 2020. In her new role, she will focus on space policy as […]
General Dynamics wins $111.8M Army contract
The U.S. Army awarded the ordnance and tactical systems unit of Reston-based Fortune 100 defense contractor General Dynamics Corp. a $111.8 million contract to provide bomb hardware to the branch, the Department of Defense announced Friday. Under the contract, General Dynamics will provide general-purpose tritonal bomb hardware, also known as Mk-90 series bomb components. General […]
Northrop Grumman wins $236.9M contract modification
The U.S. Navy awarded Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. a $236.9 million contract modification to manufacture radar systems for the U.S. Marine Corps, the Department of Defense announced Friday. Under the modification, Northrop Grumman will manufacture eight gallium nitride (GaN) active electronically scanned array radar systems. Used on Ground/[...]
Serco. Inc. to acquire Reston contractor for $295M
Herndon-based tech company Serco Inc. (a subsidiary of United Kingdom-based Serco Group plc) announced Tuesday it will acquire Reston-based H.I.G. Capital affiliate Whitney, Bradley & Brown for $295 million. The acquisition, which is expected to close during the second quarter of 2021,will increase Serco’s program management services for the Department of Defense, according to a [&hellip[...]
BAE Systems awarded additional $184M for Marines amphibious vehicle
Arlington-based defense contractor BAE Systems has received a $184 million order from the U.S. Marine Corps for more Amphibious Combat Vehicles (ACV) under a contract option. In December, BAE Systems received approval to begin full-rate production of ACVs and received a $184 million contract modification to produce an initial 36 vehicles for the service branch’s […]
Perspecta wins $201.5M defense contract
The Defense Information Systems Agency awarded Chantilly-based federal contractor Perspecta Inc. a $201.5 million contract to provide content delivery services, the Department of Defense announced Tuesday. Under the contract, Perspecta will perform work at government data centers both in the United States and worldwide. The Defense Information Technology Contracting Organization received four of[...]
SAIC wins $830M Army contract
The U.S. Army awarded Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) an $830 million contract to provide engineering services for the branch’s Combat Capabilities Development Command, Aviation & Missile Center (DEVCOM AvMC), the company announced Tuesday. Under the potential five-and-a-half-year contract, SAIC will provide hardware in-the-loop[...]
Calif.-based contractor buys Herndon spacecraft developer
San Diego-based energy and defense contractor General Atomics announced last week it has acquired Herndon-based spacecraft and space system developer Tiger Innovations Inc. Financial terms of the transaction were not disclosed, but Tiger Innovations will become part of General Atomics’ electromagnetic systems (GA-EMS) group. Founded in 1997, Tiger Innovations develops specialty software,[...]
Arlington company names chief technology officer
Arlington-based Cobham Advanced Electronic Solutions (CAES) announced last week it has hired David Young as its chief technology officer. Young most recently served as vice president of advanced program development at Lockheed Martin Space. In his new role, he will work with the company’s four operating divisions on the technical roadmap and business strategies. He […]
