Industry News


AIR FORCE

Lockheed Martin wins $8.8M contract for sniper targeting pods

Lockheed Martin Missiles and Fire Control has won an $8.8 million contract with the Air Force to provide the Royal Saudi Air Force with sniper advanced targeting pods.

NAVY

Raytheon wins $55M contract to complete analyses of landing systems

Raytheon Co. has won a $55.2 million contract with the Navy to complete analyses of the Joint Precision Approach and Landing Systems.

AIR FORCE

Northrop wins Air Force contract for National Air and Space Intelligence Center

Northrop Grumman has won an $8.4 million contract modification to provide the Air Force with technical support at the National Air and Space Intelligence Center.

PEOPLE

ManTech taps new group SVP of BD

ManTech International Corp. has named Yvonne Vervaet senior vice president of business development for the company’s Mission, Cyber & Intelligence Solutions Group.

NAVY

Lockheed Martin wins $34M contract to upgrade Cobra helicopters

Lockheed Martin has won a $34 million contract to provide new targeting technologies to the Navy's attack helicopters.

AIR FORCE

Raytheon wins $15.8M order for GPS receivers

Raytheon Co. has won a $15.8 million contract to deliver its MAGR 2000-S24 miniaturized airborne GPS receiver to the Air Force.

AIR FORCE

Northrop wins $20M contract for R&D for aircraft tracking

Northrop Grumman has won a $20 million contract to provide research and development for the Air Force.

NAVY

Northrop nabs $31.5M contract to support bio-chem warning network

Northrop Grumman has won a $31.5 million contract to provide the Navy with software development and maintenance for a biological and chemical weapon warning network.

PEOPLE

Aerospace Corp. names new chairman, vice chairman

Aerospace Corp. has named vice chairman and former ambassador Barbara Barrett chairman of the board of trustees and retired Air Force Lt. Gen. George Muellner will serve as vice chairman.

PEOPLE

BAE in final stages of picking new CEO

BAE Systems is close to choosing its new CEO, with the decision likely to be made before the end of the calendar year, FedBiz reports.

AIR FORCE

Lockheed Martin wins $200M contract to produce two more GPS III satellites

Lockheed Martin has won more than $200 million in options with the Air Force to complete production of its fifth and sixth next-generation Global Positioning System satellites, or GPS III.

PEOPLE

Lockheed's Hewson named chairman of board

Lockheed Martin's Marillyn Hewson will celebrate her first anniversary as CEO with the addition of another title in front of her name. The company's board has appointed her chairman of the board.

PEOPLE

Northrop Grumman taps new leader for Saudi business

Northrop Grumman has named Walid Abukhaled chief executive of its business in Saudi Arabia.

NAVY

SAIC wins $14.4M option to support Naval Air Systems Command

Science Applications International Corp. has won a $14.4 million option to provide the Navy with technical and engineering services.

PEOPLE

Lockheed taps new president of Space Systems division

Lockheed Martin has named retired Air Force Lt. Gen. Mike Hamel president of Lockheed Martin Space Systems’ Commercial Ventures division.

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