Contracts
Space Force picks a dozen for $237M tech development, demonstration contract
The service branch wants to establish a base of commercial spacecraft suppliers that can supply systems on a more rapid turn.
Companies
Venture investing is part of the M&A conversation too
These “deals of a different stripe” to own part of a company require the same business muscles as acquisitions: belief in a business and a willingness to put down money in support of that belief.
Contracts
DOD launches microelectronics research, development recompete
In keeping with past versions, the Defense Microelectronics Activity has structured the new contract to be broad in scope as it looks to bring in more modern computer chips for military systems.
Contracts
Army wraps up awards for $4.2B aerostat contract
Army officials set up the contract to support persistent detection, surveillance and targeting missions.
Companies
EnCharge AI collects $100M in Series B capital
This chipmaking startup's network of backers includes In-Q-Tel and RTX Ventures, a fact worth highlighting given their connections to potential government end users.
Companies
Tech, BD and energy leadership moves across the market
This edition of our weekly executive movement list begins with one company's realignment and ends with a pair of appointments involving boards of directors.
Companies
Undersea drone startup fetches $16M to aid hiring, manufacturing push
Lockheed Martin Ventures, RTX Ventures, SAIC Ventures and In-Q-Tel are the GovCon names involved in this investment round.
Companies
RTX will pay almost $1B for defrauding DOD, allegedly bribing Qatari official
That’s on top of the $200 million levied in August for illegal exports to China and elsewhere.
Companies
A trio of space startup investment rounds to highlight
The venture arms of AE Industrial Partners, Lockheed Martin and RTX are among the notable names at the heart of these investments.
Contracts
Army unveils second solicitation for $4B in R&D recompetes
This is for the unrestricted portion of the so-called D3I2 vehicle that focuses on research work in space, high-altitude and missile defense.
Companies
Tech, roadmap and talent leadership moves across the market
One of the aerospace-and-defense sector's blue chip players also undertakes a leadership transition for one of its business segments.
Contracts
DTRA opens proposal window for $3.5B counter-WMD contract
The Defense Threat Reduction Agency will choose up to eight companies for this recompete of a contract vehicle focused on partnerships with other nations.
Companies
RTX moves away from competing as a prime for space contracts
RTX's soon-to-be CEO tells investors the company will turn its focus to "the key components that go in the prime satellites and buses.”
Contracts
Army moves toward second solicitation for $4B in R&D services recompetes
This is for the full-and-open portion of a contract vehicle used to acquire research-and-development services for global space, missile defense and high-altitude missions.
Contracts
Air Force chooses 17 for $499M anti-tampering tech contract
Three incumbents will continue onto this expanded iteration of the program focused on defending against unintended technology transfers or alterations by adversaries.
Contracts
Navy wraps up awards for $250M undersea tech contract
Some of the program's core functional areas include payloads, propulsion, electrical power, guidance and control, and non-payload sensors.
Companies
RTX promotes insider to lead defense hardware segment
The company has another senior leadership change in the works amid the transition to a new CEO.
Companies
RTX promotes its next tech chief from within
RTX will start 2024 with a new chief technology officer as it also prepares for the next CEO to move up as well.
Opinion
RTX's CEO transition follows three years of change and turbulence
Both the company and Greg Hayes' tenure started amid the coronavirus pandemic and essentially a pause in air travel. Chris Calio will move up to CEO in the spring amid rising demand for defense products.
Companies