Author: Nichols Martin|| Date Published: May 18, 2021
AirBoss of America‘s defense subsidiary has closed its acquisition of BlackBox Biometrics, a provider of wearable sensors designed to detect explosive blasts, through a potential $27 million deal that includes $7 million in upfront cash payment.
AirBoss Defense Group, which first announced the transaction in March, will pay the remaining $20 million over an eight-year period through future royalties as part of the agreement, the company said Monday.
ADG and B3 will integrate into a new division that will be led by Matt Boccia, president and CEO of B3, and will focus on developing integrated systems meant to protect military customers who perform high-threat missions.
The General Services Administration has unveiled the first phase of awards under the Alliant 3 governmentwide acquisition contract, a multiple-award vehicle…
The Department of State has awarded spots on a multiple-award indefinite-delivery/indefinite-quantity contract with a combined potential value of $10 billion…
Brian Hobbs has been appointed CEO of Clarity Innovations, effective March 2, the company announced Tuesday. He succeeds founder and long-serving CEO Wes…