Industry News

Marillyn Hewson, CEO of Lockheed Martin, said she believes the company’s teaming agreement with Boeing to pursue a U.S. Air Force bomber development contract represents a “very important opportunity” for both companies, Air Force Times reported Wednesday. Brian Everstine writes the Air Force’s upcoming competition would pit the Boeing-Lockheed team against Northrop Grumman, the incumbent […] More

BAE Systems CEO Ian King believes that the U.S. defense industry is making a recovery in 2015 and forecasts a shift in government defense spending toward stability then a “modest” increase in the coming years, Reuters reported Thursday. Sarah Young writes the company sees a return to earnings growth this year due to a potential increase in demand for aircraft and […] More

Lockheed Martin and Raytheon have formed a team to bid for a contract to build the U.S. Air Force‘s future joint surveillance target attack radar system aircraft, Flightglobal reported Wednesday. Stephen Trimble writes the companies could integrate a battle management command and control technology derived from Lockheed’s Project Missouri and a Raytheon-designed active array sensor […] More

Lockheed Martin CEO Marillyn Hewson has stated that the company’s business growth strategy works to align with current trends in the global security landscape to address industry challenges and meet customer needs. Hewson outlined the strategy in a media day event to highlight its technology investments and product and service portfolio in line with these trends, Lockheed said Wednesday. “The global landscape […] More

Battelle has received a six-month, $13 million contract to continue its maintenance and operation works for the U.S. Army’s chemical and biological detection equipment. The company’s team of employees and subcontractors will repair and support the biological identification and mounted and dismounted reconnaissance equipment for the chemical and biological defense joint program executive office, Battelle […] More

SolarWinds has opened a new Herndon, Virginia-based office with the intent to expand the software company’s federal business operations in the Washington metropolitan area. The office is meant to accommodate SolarWinds employees who provide information technology management products and support services to federal civilian, defense and intelligence customers, SolarWinds said Tuesday. David Kimball, SolarWinds federal […] More

Capstone has won a task order to help the U.S. Navy transition the military service’s information technology services to the Next Generation Enterprise Network. The company said Thursday it will also continue to work with the Commander of the Navy Installations Command to support the Navy Marine Corps Intranet. “This is our third consecutive award […] More

A new Deltek report projects contractor-addressable spending on federal enterprise business systems to reach $10.6 billion in fiscal year 2015 as agencies seek to consolidate and standardize their applications. Deltek said Friday the study seeks to provide contractors with an understanding of agency spending trends, consolidation and modernization goals, and strategies. It noted that government agencies have been […] More

A team that comprises Lockheed Martin and Korean Aerospace Industries was the only group to submit a proposal to develop South Korea’s $7.8 billion fighter jet program, Defense News reported Sunday. Jung Sung-ki writes the Korean Defense Acquisition Program Administration will conduct a second bidding process through Feb. 24 to solicit proposals from other companies for the KF-X program. At least […] More

IBM and CenturyLink have formed a public-private partnership with the state of Louisiana to open an application development innovation center in the region and facilitate high-tech job opportunities for local graduates. IBM said Monday the Monroe-based center will perform services in cloud computing, big data, analytics, security and mobility as part of the company’s 10-year business transformation […] More