The UK Space Agency has awarded Raytheon NORSS, RTX’s U.K. unit, a contract for the supply of data on space objects in low-Earth orbit. Raytheon NORSS will work on the contract using its Low-Earth Orbit Camera Installation’s ground-based sensors for routine data collection on LEO objects, such as space debris, commercial satellites and defense systems. ...
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Category: Press Releases
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Executive Mosaic GovCon Index Aggregator Tracks Top 30 Publicly Traded Companies
Executive Mosaic has introduced the first-ever stock market tracker dedicated to providing financial information about and to the government contracting industry. GovCon Index currently tracks 30 leading publicly traded govcon companies such as Boeing, BAE Systems, Booz Allen Hamilton, Lockheed Martin, Northrop Grumman and RTX. According to Jim Garrettson, CEO of Executive Mosaic, GovCon index will give stakeholders, investors, executives and the government access to information that can enhance strategic decision-making. Executive Mosaic also owns ExecutiveBiz, ExecutiveGov, GovCon Wire and GovConExecutive International. GovCon Index is available at https://govconindex.com/.
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US Hands Sanctions to New Entities Supporting Russia’s War Campaign
The U.S. Department of the Treasury has imposed sanctions against third-country actors identified to be materially supporting Russia’s war campaign in Ukraine. According to the Treasury’s Office of Foreign Assets Control, the action implements the Group of Seven’s decision to take down the Kremlin’s military procurement networks, including individuals and entities that are helping secure...
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US State Department Approves Potential $80M Javelin Missile Sale to Romania
The U.S. Department of State has approved the planned sale of Javelin missiles worth an estimated $80 million to Romania. The Defense Security Cooperation Agency notified Congress on Tuesday about the possible foreign military sale, with Raytheon and Lockheed Martin as the prime contractor. Romania’s purchase order includes 263 Javelin FGM-148F missiles and 26 Javelin...
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North Korean Hackers Launch New Global Espionage Campaign, Cybersecurity Researchers Say
Cisco Talos has uncovered a new cyber hacking campaign it has named “Operation Blacksmith.” Its researchers traced the activity to the North Korean Lazarus Group, regarded as an advanced persistent threat for its malicious cyber activities. The company said the hackers target the vulnerabilities of manufacturing, agricultural and physical security enterprises around the world using...
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Rheinmetall Secures New Arms Supply Contract for Ukraine
German automotive and arms manufacturer Rheinmetall Group will supply Ukraine with artillery ammunition worth about $153 million, a procurement from an unnamed NATO ally supporting Kyiv against the Russian invasion. The new contract follows a German-funded Rheinmetall deal announced in November to supply Ukraine with 32 battle tanks, driver-training tanks and armored recovery vehicles. The...
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Saab to Supply Underwater Drones to Kuwait
The U.S. Navy has awarded Sweden-based defense and aerospace company Saab a contract to supply a Double Eagle Semi-Autonomous Remotely Operated Vehicle to the Kuwait Naval Force. The SAROV order, which was processed through the U.S. Foreign Military Sales program, is worth $16 million and expected to be delivered by September 2025, according to the online...
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US, Korea Inaugural Tech Dialog Pinpoints Collaboration Areas
The United States and South Korea identified areas for enhanced cooperation between their governments, industry and academia during the inaugural U.S.-ROK Next Generation Critical and Emerging Technologies dialog held in Seoul on Friday. The collaboration will grant preferential access to U.S. and South Korean researchers on advanced technology nodes to help expand joint research and...
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Lockheed Martin Presents Belgium’s First F-35A Lightning II Jet Fighter
Lockheed Martin presented to Belgian government officials Belgium’s first F-35A Lightning II jet fighter during an official rollout ceremony on Sunday. Belgium is buying a total of 34 Lockheed F-35As, with the first aircraft dubbed AY-01 for delivery to the Belgian Air Force in 2024. The first fighter plane will be initially kept at Luke...
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International Initiatives Blue Dot Network, FAST-Infra Group Partner to Promote Sustainable Infrastructures
Two international initiatives are working together to mobilize private sector investment to promote sustainable and climate-resilient infrastructure projects. During the Sustainable Infrastructure Panel at the Conference of the Parties 28 on Thursday, Blue Dot Network and Finance to Accelerate the Sustainable Transition – Infrastructure announced plans to coordinate their respective programs and identify complementary areas for...