Category: News

Space Systems Command logo. Space Systems Command is preparing to launch the HADES contract.Acquisition & Procurement

SSC Prepares HADES Contract for Cloud-Based Satellite R&D C2 Facility

Space Systems Command is preparing to launch the Hybrid Architecture and Development for Experimental Systems, or HADES, contract, which aims to
Lockheed Martin logo. Lockheed received a $1.1B contract modification for addditional F-35 Lot 20 and Lot 21 long-lead items.Contract Awards

Lockheed Receives $1.1B Modification for F-35 Lot 20, 21 Long-Lead Materials

Lockheed Martin has secured a $1.14 billion modification to an existing advanced acquisition contract to procure additional long-lead materials, parts
Mergers and acquisitions. IBM has agreed to buy data streaming company Confluent.Artificial Intelligence

IBM to Acquire Confluent for $11B

IBM has agreed to acquire data streaming company Confluent for approximately $11 billion, or $31 per share in cash, as
Boeing President and CEO Kelly Ortberg. Boeing has completed the acquisition of Spirit AeroSystems.M&A Activity

Boeing Finalizes Spirit AeroSystems Acquisition to Boost Aviation Safety, Supply Chain Stability

Boeing has finalized the acquisition of Spirit AeroSystems to reinforce aviation safety and aircraft quality while supporting stability across Boeing’s commercial production
John Cunningham. Sabel Systems appoints the former Virtualware president as chief growth officer.Executive Moves

Sabel Systems Appoints Industry Veteran John Cunningham as Chief Growth Officer

Sabel Systems has named John Cunningham as chief growth officer, bringing more than three decades of experience in advanced technology
AV appoints Milancy Harris as vice president and chief security officer.Executive Moves

AeroVironment Names Former Pentagon Official Milancy Harris as VP, Chief Security Officer

AeroVironment has appointed Milancy Harris as vice president and chief security officer to lead the company’s enterprise security strategy.  Harris
The logo of the Department of State. The State Department awarded facility operations and maintenance contractsContract Awards

State Department Awards Up to $2.7B Facility Contracts to 8 Companies

The Department of State has named the eight companies that have secured indefinite-delivery/indefinite-quantity contracts to provide facility operations and maintenance
KBR logo. KBR won a U.S. Geological Survey contract to provide technical support services for the USGS EROS Center.Contract Awards

KBR Wins $350M USGS EROS Center Technical Support Services Contract

KBR has won a potential five-year, $350 million contract from the U.S. Geological Survey to provide technical support services for
Castelion's logo. Castelion closed its series B funding roundIndustry News

Castelion Raises $350M in Series B Funding Round to Advance Hypersonic Weapon Development

Castelion, a defense technology company, has secured $350 million in Series B financing to support the development of its first
Denmark flag. The State Department approved two Denmark FMS requests worth $3.73B for AMRAAMs and IBCS.Acquisition & Procurement

RTX, Lockheed, Leidos, Northrop to Support $3.7B Denmark Defense Sales

The U.S. State Department has cleared two potential foreign military sales to Denmark totaling an estimated $3.73 billion for air-to-air