Swedish aerospace and defense company Saab is assembling 15 F-39E Gripen combat aircraft at Embraer‘s factory in Sao Paolo, Brazil. The fighter production line, inaugurated in May, is an offshoot of the $5.04 billion order for 36 Gripen fighters that Brazil initiated in 2014, with four more added in 2022 to double the country’s air...
Chinese companies are boosting product research and development spending to veer away from copying foreign products. According to a Nikkei Asia report, listed companies in China spent $228 billion on R&D in 2022, a figure that has more than doubled over the last five years. These firms employ a total of 3.08 million researchers and...
The Department of Defense Office of Manufacturing Capability Expansion and Investment Prioritization has inked a $215.6 million agreement with Aerojet Rocketdyne to modernize and expand the company’s facilities across three locations in the United States. The deal aims to support the production of complex rocket propulsion systems used in civil and commercial space launches, national...
Booz Allen Ventures has made a strategic investment in Syracuse, New York-based remote sensing company Hidden Level Inc., a move Steve Escaravage, executive vice president at Booz Allen, said would help accelerate the company’s contributions to advancing the counter-unmanned aerial systems mission. Hidden Level’s passive sensing technology makes use of radio frequency sensors to identify...
Chris Moran, vice president and general manager of Lockheed Martin Ventures, said the company plans to invest in Machina Labs to bring the company’s advanced manufacturing platform to its customers in national security and defense. Machina combines artificial intelligence and robotics to quickly manufacture advanced sheet metal products. “We aim to operationalize and scale solutions...
Executive Mosaic is glad to announce KBR‘s incoming Chief Financial Officer Mark Sopp as an inductee into the 2017 Wash100 — Executive Mosaic’s annual selection of the government contracting arena’s most influential voices. Sopp will transition into the CFO role at Houston-based engineering services contractor KBR during the first quarter of this year and joins...
Executive Mosaic is honored to introduce Tom Vecchiolla, president of Raytheon‘s international sales and marketing division, as an inductee into the 2016 edition of the Wash100 — Executive Mosaic’s annual selection of influential leaders in the government contracting arena. Vecchiolla served as vice president of business development and strategy in Raytheon’s integrated defense systems business segment before his May...
Executive Mosaic is honored to introduce Nadia Short, a vice president and general manager at General Dynamics, as the newest inductee into the 2016 edition of the Wash100 — Executive Mosaic’s annual selection of influential leaders in the government contracting industry. Short serves as VP and GM of the cyber systems line for General Dynamics Mission...
Executive Mosaic is honored to introduce Kathy Warden, a corporate vice president at Northrop Grumman and president of its information systems business segment, as the newest inductee into the Wash100 — a group of influential leaders in the government contracting arena. Warden manages an organization provides defense, intelligence and civilian agencies as well as commercial customers in the fields of cybersecurity, C3ISR,...
Executive Mosaic is glad to announce Peter Smith, president and CEO of American Systems, as the newest inductee into the Wash100 — a group of influential leaders in the government contracting industry. Smith joined the company in 1980 and elevated to the chief executive role in the summer of 2014 after the retirement of Bill Hoover. Also in 2014, American...
