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Professional Services Council reelects Leidos CEO as board chair
The Professional Services Council (PSC) Board of Directors announced Thursday it has reelected Roger Krone, chairman and CEO of Reston-based Fortune 500 government contractor Leidos Holdings Inc., as chair for 2021. The PSC Board of Directors consists of 80 executives from member companies who are elected by their peers. Its leadership includes Krone, along with […]
Northrop Grumman books $73M Air Force contract to update missile tech
Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. has received a $73.2 million delivery order from the U.S. Air Force to incorporate new capabilities into a remote visual assessment tool in support of the Minuteman III missile’s production and deployment. The company will modify the Remote Visual Assessment II program to enable […]
FDA authorizes sale of Altria’s IQOS 3 device
The third generation of Altria Group Inc.’s IQOS tobacco heating system device has been authorized for sale in the United States by the U.S. Food and Drug Administration, the Henrico County-based company announced Monday. After receiving an application from Philip Morris International, the FDA ruled that IQOS 3 can be sold to adults in the […]
Northrop Grumman names chief technology officer
Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. announced Wednesday it has promoted Scott Stapp as chief technology officer (CTO). Stapp was most recently Northrop Grumman’s vice president of resiliency and rapid prototyping and has also previously served as vice president of applied research and technology development. In his new role, he […]
Northrop Grumman secures $186M Air Force contract
Falls Church-based Fortune 500 aerospace and defense contractor Northrop Grumman Corp. has received a 10-year, $185.7 million contract to extend engineering services for the U.S. Air Force’s A-10 Thunderbolt jet fighter fleet. Built by Fairchild Republic Co. prior to its acquisition by Northrop, the A-10 aircraft is designed to help the Air Force perform airborne […]
SAIC names VP inclusion, diversity
Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) announced Monday it has promoted Bridget Chatman as vice president of inclusion, diversity (I&D) and corporate social responsibility. Chatman has been with the company since 2011 and was most recently was the senior director of capture strategy and business development for the company’s civilian m[...]
AES Corp. to sell $1.8B in debt in private offering
Arlington-based energy company AES Corp. announced Thursday its plans to sell $1.8 billion in debt in a private offering to institutional buyers. The company will offer $800 million in 1.375% senior notes due in 2026 and $1 billion in 2.45% senior notes due in 2031. AES intends to allocate an amount equal to the net […]
Northrop Grumman completes design review for astronaut living quarters
Falls Church-based Fortune 100 defense contractor Northrop Grumman Corp. announced Wednesday it has completed the initial preliminary design review (PDR) for the Habitation and Logistics Outpost (HALO), which will serve as living quarters for astronauts at the Lunar Gateway mini space station during lunar exploration missions. The HALO design was inspired by Northrop Grumman’s Cygnus [&helli[...]
U.S. Customs and Border Protection awards SAIC $973M task order
U.S. Customs and Border Protection (CBP) awarded Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) a task order worth up to $973 million to work on the CBP’s system for identifying travelers and cargo that present potential security threats to the U.S., SAIC announced Tuesday. Under the task order, SAIC will work on […]
General Dynamics lands $9B+ contract modification
The U.S. Navy on Thursday awarded the Electric Boat subsidiary of Reston-based Fortune 100 defense contractor General Dynamics Corp. a $9.474 billion contract modification to build and test the first two Columbia-class intercontinental ballistic missile submarines — the largest ever built by the United States — and provide related design and engineering services, the company […]
SAIC names executive VP, CFO
Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) announced Thursday it has hired Prabu Natarajan as executive vice president and chief financial officer, effective Jan. 4, 2021. Natarajan most recently worked with Falls Church-based Fortune 100 defense contractor Northrop Grumman Corp. as vice president for financial strategy and planning, vice president [...]
SAIC claims spot on $620M USDA blanket purchase agreement
The U.S. Department of Agriculture awarded Reston-based Fortune 500 defense contractor Science Applications International Corp. (SAIC) a position on the department’s potential five-year, $620 million Farm Production and Conservation (FPAC) multiple-award blanket purchase agreement (BPA), SAIC announced Wednesday. Under the BPA, SAIC will compete for USDA task orders for IT support services f[...]
