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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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James Hursch, director of the Defense Security Cooperation Agency, has joined the list of top government and industry executives who have shown exceptional leadership and dedication to strengthening the federal marketplace. Executive Mosaic recognizes Hursch as an inductee into the 2024 edition of the Wash100 Award for his commitment to advancing U.S. defense and foreign policy interests.

Vote for Hursch 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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An RTX business has completed another live-fire demonstration of Lower Tier Air and Missile Defense Sensor, the advanced, 360-degree air and missile defense radar it is developing for the U.S. Army. The defense contractor said Thursday Raytheon conducted a series of exercises showcasing LTAMDS' integration with the Integrated Battle Command System, the radar's tracking of a cruise missile surrogate and its relay of target track information to IBCS to guide a missile to intercept the target.

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RTX business Raytheon will produce new common sensor payloads for General Atomics-built MQ-1C Gray Eagle unmanned aircraft systems under a potential $118 million undefinitized contract action finalized by the U.S. Army.

Register here to attend the Potomac Officers Club's 9th Annual Army Summit on June 13 to hear military officials and industry executives as they share their urgent priorities and solutions to their toughest challenges.

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Last week, Executive Mosaic’s GovCon Index closed at $4,880.45, a 1.18% drop from the week prior. GovCon Index is an aggregate index that tracks data from 30 major government contracting companies in real time. It presents this information in a user-friendly format that enables viewers to assess the performance of each organization, evaluate the current state of the GovCon market and analyze the trends shaping the field today.

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The Department of State has approved a potential $90 million foreign military sale of AIM-9X Sidewinder missiles and related equipment to Italy. The FMS covers three requests from the Italian government for a total of 66 Block II+ Sidewinder missile variants and seven tactical guidance units, plus 24 AIM-9X Captive Air Training Missiles and four accompanying guidance units, the Defense Security Cooperation Agency said Friday.

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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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Danny Polidi, a digital engineering executive with government contracting experience, has joined cost estimation and analysis company Galorath as a practice principal for hardware and systems engineering. In this role, he will oversee the development and implementation of transformational engineering tools designed to support the workforce development and cost optimization goals of commercial and public sector clients, Galorath said Tuesday.

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Agnes Soeder, formerly vice president and chief of staff at RTX’s subsidiary Raytheon, has been appointed as VP of contracts for integrated maritime solutions at L3Harris Technologies, she announced on LinkedIn Monday. Soeder brings two decades of contracting experience from her tenure at Raytheon to her new role at L3Harris’ IMS division, which is responsible for developing new concepts and technologies that could help enhance naval operations.

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Executive Mosaic is pleased to name Andreas Nonnenmacher, president of ARKA Group, to its 2024 Wash100 list for driving defense innovation and for spearheading ARKA’s integration and growth efforts. This marks Nonnenmacher’s first year of Wash100 recognition.

Vote for Andreas Nonnenmacher as your favorite 2024 Wash100 Award winner at Wash100.com! The winner of this year’s popular vote competition will be announced in May.

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Tara Martin, formerly vice president of business development for the electro-optical sector at L3Harris Technologies, has transitioned to become VP of BD for the maritime sector at the company, she announced on LinkedIn Wednesday. Martin has been with L3Harris for over three years, initially joining as senior director of BD for the reconnaissance mission systems sector in October 2020.

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