The Washington-based private equity firm said Wednesday it plans to merge IAI with human intelligence platforms provider Xebec that Arlington Capital acquired in 2017.
David Wodlinger, a partner at Arlington Capital, said the company will support efforts to expand IAIs capabilities in space systems, geospatial intelligence and missile defense in support of national security clients as well as offer career opportunities to its workforce through technology and human capital investments.
IAI CEO Dave Dzaran said the company is excited to combine with Xebec to form a technology platforms provider for the intelligence community.
IAI co-founders Steven Wear, Paul Frommelt and Kenneth Abeloe took part in the recapitalization and will continue to participate in IAIs future strategic growth efforts.
IAI delivers software platforms and engineering support to defense, intelligence community and civilian government agencies in the areas of ground systems, electro-optical/infrared, radar and other intelligence, surveillance and reconnaissance platforms.
Aerospace and defense technology company Merlin has closed its business combination with Inflection Point Acquisition Corp. IV, a special purpose acquisition company…
Raytheon, an RTX business, has received a potential $212.1 million cost-plus-fixed-fee contract to provide operations and maintenance services for a relocatable over-the-horizon…
Jim Kelly, senior systems engineering manager at HPE Juniper Networking, said agentic artificial intelligence could help government agencies move toward…
AeroVironment has acquired Empirical Systems Aerospace, or ESAero, a producer of unmanned aircraft systems and advanced air mobility platforms, or AAM,…