Companies
Northrop Grumman hires former Discover CFO as finance chief
John Greene will join Northrop on Jan. 7 and brings 35 years of finance experience from other industries to the role.
Deloitte backs aerospace company to expand drone capacity
Deloitte and Kihomac are looking at infrastructure inspection, emergency response, and defense and security as use cases for their partnership.
Defense tech companies will weather the shutdown. But what happens next?
Some primes are doing all right, while small companies brace for uncertainty under a CR.
General Dynamics IT launches cyber accelerator to speed threat detection
VENIN is the 10th accelerator started by GDIT and focuses on using automation to mitigate cyber threats.
AEVEX completes CEO transition by promoting Wells
Roger Wells will lead the eight-year-old company's next phase of its strategy, which is highlighted by autonomous systems including loitering munitions.
Parsons awaits 'imminent' award of air traffic control overhaul contract
Parsons and Peraton are in a head-to-head showdown for the Brand New Air Traffic Control System, a contract worth billions. In talking with Wall Street, CEO Carey Smith highlights how the effort is funded by the One Big Beautiful Bill.
Lawmakers propose requiring agencies, major firms to report AI’s job impact
A new bill from Sens. Mark R. Warner, D-Va., and Josh Hawley, R-Mo., would direct covered entities to provide quarterly reports to the Labor Department detailing layoffs and workforce displacements caused by uses of AI.
Intuitive Machines looks beyond the Moon with $800M acquisition
Intuitive Machines is buying Lanteris Space Systems, the former Maxar Space Systems, to bring in more satellite manufacturing heft that can complement the data and services offerings.
NT Concepts, Oddball appoint new chief executives
Mark Cabrey has been with NT Concepts for six years, while Rob Silverman joins Oddball after two decades at Booz Allen Hamilton.
How Leidos aims to stay ready for the shutdown's end
CEO Tom Bell tells Wall Street the shutdown has caused "a little hiatus" in certain areas the company has prioritized, but "tremendous customer uptake and activity" should follow after the reopening.
Hanwha Defense USA appoints Coulter as chief executive
Korea-headquartered Hanwha established this subsidiary in 2017 to pursue opportunities in shipbuilding.
ICF holds to its 2025 outlook as shutdown drags on
In talking with Wall Street, CEO John Wasson describes technology modernization efforts as continuing and programmatic work as more impacted at its largest federal client.
Upcoming White House cyber strategy to seek more involvement with private sector
The Trump 2.0 cyber strategy is in development, National Cyber Director Sean Cairncross said, though he did not elaborate on when it would be released.
Arlington Capital fetches $6B for its seventh fund
The private equity firm's most recent high-profile action in the market was its sale of BlueHalo to AeroVironment.
ICF details C-level leadership appointments amid CFO's pending retirement
Barry Broadus will retire from ICF on March 1 and James Morgan is slated to become chief operating and financial officer, while Anne Choate is being promoted to president.
General Dynamics CEO warns of government shutdown effects
The company raked in nearly $13 billion in third quarter revenue, including about $4 billion from shipbuilding.
Lockheed to invest $50M in maritime drone maker
Saildrone is designing a larger-class vessel for the future demonstration of a combined capability.
Leonardo DRS CEO William Lynn to retire after 14-year run at the company
John Baylouny, chief operating officer and a 35-year company veteran, will take the helm as CEO and board member Fran Fargos Townsend will become chair.
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