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Avio USA picks Virginia for $500M solid rocket motor factory
Avio USA plans a Virginia solid rocket motor facility, committing up to $500 million to expand U.S. aerospace and defense production.
Electra launches defense business unit
Manassas-based aviation startup Electra.aero on Wednesday announced that it has launched a new defense business unit.
Boeing awarded $2.7 billion in contracts for Patriot missile seekers
Boeing won $2.7B in multi-year deals to supply key guidance components for Patriot interceptor missiles amid rising global demand.
Electra expands Manassas headquarters
Manassas-based aviation startup Electra.aero on Tuesday announced it was expanding its headquarters in Virginia.
Amentum completes sale of Rapid Solutions for $360M
Amentum has completed the sale of its hardware and product business, Rapid Solutions, to Lockheed Martin for $360 million.
Lockheed Martin to cut jobs at Greenville F-16 site
Lockheed Martin is reducing its Greenville workforce following a U.S. Air Force decision not to extend its sustainment contract with the company. The cuts could mean a reduction of as many as 180 jobs or 10% of the workforce, according to reports. The Lockheed Martin site in Greenville’s South Carolina Technology & Aviation Center is […]
Federal contractor Amentum to sell Rapid Solutions for $360M
Chantilly-based federal contractor Amentum announced Wednesday it has entered into a definitive agreement to sell its hardware and product business, Rapid Solutions, to Fortune 500 aerospace company Lockheed Martin for $360 million.
Electra raises $115M to build ultra-short aircraft
Manassas-based aviation startup Electra.aero announced Monday it has secured $115 million in Series B funding to enter pre-production and certification phase of its EL9 model, a hybrid ultra-short aircraft that can take off and land in 150 feet. The round was led by Prysm Capital, a New Jersey-headquartered growth equity firm. Prysm’s co-founder and managing […]
Firefly Aerospace to launch at Wallops Island
Cedar Park, Texas-based Firefly Aerospace has picked Virginia Spaceport Authority’s Mid-Atlantic Regional Spaceport located on Accomack County’s Wallops Island as a new launch site for its two-stage orbital Alpha rocket, Gov. Glenn Youngkin announced Monday. A small launch vehicle, the Alpha serves commercial, civil and national security clients and can carry 2,200 pounds to low [&he[...]
Leidos promotes chief information officer
Alexandra Guenther became Leidos’ chief information officer March 11, according to a spokesperson for the Reston-based Fortune 500 federal contractor. Guenther previously worked as program vice president for the civil operation of the Antarctic support contract at Leidos, where she led a cross-functional team of more than a thousand employees, according to her LinkedIn page. […]
Lockheed Martin Manassas office wins modification to $190.27M Navy contract
The Manassas office of Lockheed Martin Corp.’s Rotary and Mission Systems sector will add work on a contract the company previously won. The modification is to a $190.27 million Naval Sea Systems Command, Washington, D.C., cost-plus-incentive-fee contract. It is to exercise an option for engineering design development and supporting material procurement, the Department of Defense […]
BAE Systems locks onto $117M subcontract for missile-seeking tech
Arlington-based defense contractor BAE Systems Inc. received a $117 million subcontract from Lockheed Martin Corp. to produce missile-seeker technology for long range anti-ship missiles (LRASM), it announced Monday . The seeker technology enables LRASM to detect and engage maritime targets in contested environments with less dependence on traditional navigation systems. The contract will support m[...]
