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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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Leanne Caret, president and CEO of Boeing’s defense, space and security business, told Fortune Magazine in an interview published Monday the Trump administration’s move to communicate with industry represents a step toward collaborative public-private sector relations. “The types of conversations this administration is having now, and the insight it’s giving us, are unique,” added Caret, who ranks 23rd […] More
Lynn Dugle, president, chairman and CEO of Engility, told Fortune in an interview published Monday how space assets help the military perform operations on the ground. She said satellite communications systems work to help the military monitor the location and movement of troops as well as communicate with deployed soldiers. “GPS and precision navigation—if we’re going to […] More
Lockeed Martin‘s Sikorsky subsidiary has received a $58.4M delivery order to provide spare parts for the U.S. Navy‘s CH-53K King Stallion helicopters. The service ordered 866 interim spare parts needed to repair and maintain lot 2 CH-53K low-rate initial production units, the Defense Department said Thursday. Work will occur through January 2021 in Connecticut, Washington, Wisconsin, Canada and […] More
Lockheed Martin‘s Sikorsky subsidiary has announced plans to offer depot-level maintenance and flight training services for Black Hawk customers in Latin America through facilities located in Colombia. Sikorsky intends to extend support services that Colombian armed forces and national police currently receive from the subsidiary to other clients across Argentina, Brazil, Chile and Mexico, Lockheed said Tuesday. A Melgar-based center […] More
Research and Markets has unveiled a new report that forecasts a 3 percent compound annual growth rate for the worldwide command, control, communications, computing, combat systems, intelligence, surveillance and reconnaissance systems through 2023. The company said Monday the global C5ISR market is projected to reach $1.36 billion in 2023 from $1.10 billion last year.   Increased […] More
Humatics has completed its Series A financing round with $18 million raised to support efforts to market the company’s machine-powered microlocation system and analytics software. The Spatial Intelligence Platform is designed to augment human navigation, location and collaboration operations with autonomous systems, the company announced Tuesday. Mobility-focused venture capital firm Fontinalis Partners led the funding round, with investment […] More
A new report by IHS indicates that the global defense market saw increased trading activity for the sixth consecutive year, a 13.4 percent growth rate from $56.8 billion in 2013 to $64.4 billion in 2014. “This record figure has been driven by unparalleled demand from the emerging economies for military aircraft and an escalation of regional […] More
Six Newport News Shipbuilding and two Ingalls Shipbuilding engineers were honored at the 2018 Black Engineer of the Year Award STEM Global Competitive Conference achievements in promoting science, technology, engineering and mathematics. The engineers received the awards during the conference in Washington that took place Feb. 6 through Feb. 8, Huntington Ingalls, the parent company […] More
The National Nuclear Security Administration has received the final wind turbines for a wind farm in Amarillo, Texas that is being built by Siemens Government Technologies, the German conglomerate’s U.S. federal business organization. Siemens has set the operational date for the Pantex Renewable Energy Project as July 31, 2014 — nearly a year after NNSA and […] More
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