THIS WEEK'S TOP NEWS STORIES
Northrop Grumman?(NYSE: NOC) has won a potential five-year, $3.29 billion contract from the Missile Defense Agency to design, build, test and deploy a next-generation weapon system for defending against ballistic missile strikes. The company will aim to produce?Ground-Based Midcourse Defense?software and hardware that would exceed the performance of the current GMD platform, the Department of Defense said Friday.
The field of quantum science holds great promise for advanced quantum technologies in the future. With a wide range of applications in military operations, national security, civilian uses and defense, experts believe quantum is one of the most important tech areas we should be investing in today.?
An expert panel discussed this and other topics during?the?Quantum Technologies Forum, hosted by?ExecutiveBiz?Events.
Joe Niehaus, director of supply chain management at?LMI?since February 2021, has been promoted to?senior vice president of logistics solutions, he announced Wednesday in a LinkedIn post. Niehaus previously spent more than 14 years at?Science Applications International Corp.?(NYSE: SAIC) and held?program and equipment business management roles at EAI Corp.
Seven large companies and two small businesses won spots on a potential five-year, $1.31 billion contract to help the U.S. Navy operate and maintain?training systems. The indefinite-delivery/indefinite-quantity vehicle covers simulator contractor O&M and instructional services, training systems management, product support and other related services for the Naval Air Warfare Center Training Systems Division, the Department of Defense said Friday.
James Gordon, CEO of DRT Strategies and a?2022 Wash100 Award?recipient,?spoke with?ExecutiveBiz?about recently joining and becoming the company’s new CEO as well as the impact and changes that talent recruitment and retention are driving in regard to the workforce challenges in the federal landscape during the latest?Executive Spotlight?interview.
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U.S. Marine Corps Lt. Gen. Michael Langley?has received Senate confirmation for his appointment to the rank of general and the role of commander of U.S Africa Command in Stuttgart, Germany, leading U.S. military forces in the region. USMC said Tuesday?Langley?will become the first four-star African-American general of the service branch.
Lumen Technologies’ (NYSE: LUMN) government arm has won a potential 10-year,?$1.5 billion contract?from the Defense Information Systems Agency to provide end-to-end transmission capabilities and related services for the Defense Information System Network Indo-Pacific.
The Senate has approved a bipartisan bill that would direct federal agencies to identify potential conflicts of interest between taxpayer-backed projects and other business opportunities of contractors. Sen. Gary Peters, D-Mich., chairman of the Senate Homeland Security and Governmental Affairs Committee, co-authored the?Preventing Organizational Conflicts of Interest in Federal Acquisition Act?with Sens. Chuck Grassley, R-Iowa; Maggie Hassan, D-N.H.; and Joni Ernst, R-Iowa.
By Light Professional IT Services?looks to expand its product portfolio with its recent?acquisition of Veraxx Engineering, a Chantilly, Virginia-based provider of flight simulation training platforms and exercises. Bob Donahue, founder and CEO of By Light, said the modeling and simulation and virtual training capabilities of the compant will gain from the addition of Veraxx to the fold.
Lockheed Martin?(NYSE: LMT) has increased the size of its $200 million?venture capital fund?to $400 million as the company looks to expand startup investments aimed at helping accelerate defense innovation.