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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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The all-stock merger between L3 Technologies and Harris Corp. has been completed to form L3Harris Technologies (LHX), the new company announced on Monday. L3Harris is officially the sixth largest defense company in the United States worth approximately $17 billion in revenue with over 50,000 employees. The company also announced the details regarding its own leadership, the board of directors and organizational structure. 

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Executive Mosaic is proud to induct Sam Maness, managing director of the Defense and Government Services group at Raymond James, into the 2024 Wash100 class. In October, Maness helped launch the 2023 Raymond James Defense and Government Conference, which highlighted the increasing role of private equity in the government contracting sector.

Vote for Maness as your favorite GovCon leader as part of the 2024 Wash100 popular vote competition! Voting closes on April 30, so visit Wash100.com to cast your ten votes today.

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L3Harris Technologies subsidiary Aerojet Rocketdyne has secured a contract to manufacture launch and flight motors for FIM-92 Stinger missiles to help RTX business Raytheon replenish the U.S. Army’s inventory of the anti-aircraft missiles. The replenishment contract awarded to Aerojet marks the first time in nearly two decades the company will manufacture new missiles for the U.S. military, L3Harris said Thursday.

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The Department of State has approved North Macedonia’s request to procure Joint Light Tactical Vehicles and associated program and logistics support services from the U.S. government under a potential foreign military sales agreement worth $111 million. Oshkosh Defense, AM General, Leonardo DRS and L3Harris Technologies will serve as principal contractors in the proposed FMS deal, which includes the procurement of 18 additional M1278A1/A2 JLTV heavy gun carriers and seven JLTV general purpose vehicles, the Defense Security Cooperation Agency said Friday.

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