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Army official says Chinese mineral shortage could impact military equipment
A growing shortage of rare minerals, magnets and metals from China needed for manufacturing military warfighting equipment could lead to the Department of Defense's accessing and sending out military equipment from a stockpile.
RTX subsidiary wins $646M contract modification
Raytheon has been awarded a $646 million contract modification to continue producing the AN/SPY-6(V) family of radars for the U.S. Navy.
Technomics to add 248 jobs in Arlington expansion
Technomics will expand its Arlington County operations, adding 25,200 square feet of office space and creating 248 jobs.
General Dynamics promotes EVP to global operations
Danny Deep, General Dynamics’ executive vice president of Combat Systems, has been promoted to executive vice president of global operations.
RTX subsidiary wins $1.1B Navy contract modification
Raytheon has received a $1.1 billion contract modification from the U.S. Navy to manufacture additional AIM-9X missiles.
BAE Systems lands $1.2B contract for missile-tracking satellite cluster
BAE Systems Inc.’s Space and Mission Systems business has won a $1.2 billion U.S. Space Force contract.
Tysons AI startup raises $10M in seed funding
Tysons startup pWin.ai, which developed an AI proposal writing tool, has raised $10 million in a seed funding round.
RTX subsidiary wins $536M Navy contract
Raytheon has won a $536 million U.S. Navy contract for the SPY-6 family of radars.
CACI wins $638M in intelligence contracts
CACI International announced last week that it was awarded nearly $638 million in intelligence community contracts.
Antitrust lawsuit against General Dynamics, HII revived in appeals court
Two former naval engineers who claimed that General Dynamics, Huntington Ingalls Industries and more than a dozen other government contractors and shipbuilders illegally agreed to not poach each other's employees will receive a rehearing, a federal appeals court panel ruled this month.
Leidos acquires Chantilly AI tech biz for $300M
Reston-based federal contractor Leidos announced Wednesday it has acquired Kudu Dynamics, a business based in Chantilly that builds AI-powered cybersecurity tools for defense customers, for $300 million.
Serco completes $327M acquisition of NG division
Herndon tech and management contractor Serco announced Tuesday that it has completed its $327 million acquisition of Northrop Grumman’s mission training and satellite ground network communications software business, also known as MT&S.
