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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: WILLIAM J. “BILL” LYNN III
Leonardo DRS went public in November 2022, with Lynn ringing the closing bell at the Nasdaq, after the completion of a merger with Israel-based Rada Electronic Industries. Leonardo DRS’ parent company, Italian defense contractor Leonardo SpA, retains 80.5% ownership of the $3 billion company. Lynn joined the defense contractor in 2012, after serving as a […]
Federal Contractors | Technology 2023: REX D. GEVEDEN
Before joining BWXT in 2015 as its chief operating officer, Geveden was an executive at Teledyne Technologies, as well as a chief engineer and associate administrator at NASA, where he ran support contracts for the International Space Station and helped develop next-generation lunar vehicles. In 2017, he became CEO of the Lynchburg-based manufacturer of nuclear […]
Federal Contractors | Technology 2023: THOMAS A. BELL
In May, Bell became CEO of Leidos, a Fortune 500 defense, aerospace and information technology firm, replacing Roger Krone, who retired that month as CEO and board chairman after nine years leading Leidos. Bell began his aerospace career at Lockheed Martin. He came to Leidos from Rolls-Royce North America, where he had been chairman and […]
Federal Contractors | Technology 2023: AMY GILLILAND
A former Navy surface warfare officer, Gilliland is responsible for leading an $8.5 billion IT company with 30,000 employees worldwide, 8,000 of whom work in Virginia. Gilliland joined parent company General Dynamics in 2005 and became president of GDIT in 2017. In addition to overseeing numerous federal contracts — including a $1.8 billion contract in […]
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 […]
8 Va. companies make 2023 Fortune Global 500
Eight Virginia-based companies made Fortune magazine’s 34th Global 500 list, released Tuesday, notably including the newly renamed RTX and Boeing Co. as Virginia’s second and third highest-ranking companies, both of which are also newcomers to the state, having moved their headquarters to Arlington County last year. Freddie Mac remained Virginia’s top-ranked company, at No. 133,[...]
Amentum-led team receives $5.87B nuke cleanup contract
A team led by Chantilly-based federal contractor Amentum Services Inc. will manage the decontamination and decommissioning of a Cold War-era nuclear weapons complex under a $5.87 billion, 10-year contract announced by the U.S. Department of Energy Thursday. Southern Ohio Cleanup Company LLC, based in Aiken, South Carolina, is a joint venture led by Amentum Environment […]
Cloud, cyber company to establish HQ in Loudoun
Fortreum LLC, a cloud-computing and cybersecurity firm, is establishing its headquarters in Loudoun County and creating 53 jobs, Gov. Glenn Youngkin announced Thursday. The company, launched in 2021, provides cybersecurity and cloud support with an emphasis on regulatory compliance and technical validations, for businesses operating in the public and private sectors. Fortreum expects to invest [&h[...]
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 […]
RTX’s Raytheon lands $1.15B missiles contract
Arlington County-based Raytheon, a business unit of newly rebranded aerospace and defense contractor RTX, will produce Advanced Medium Range Air-to-Air Missiles for the U.S. Air Force and Navy as well as foreign militaries under a $1.15 billion contract announced by the Pentagon Tuesday. The contract includes missiles, the AMRAAM telemetry system, spares and other production […]
