Drone technology and service provider Red Cat Holdings (Nasdaq: RCAT) has entered into an all-stock deal to acquire Teal Drones , a Utah-based manufacturer of unmanned aircraft systems for government and military applications.
Puerto Rico-based Red Cat said Tuesday that Teal will tie up with the former’s enterprise group that offers the Skypersonic remote inspection system and the cloud-based Dronebox analytics platform.
Teal, founded in 2014 and led by George Matus , is the developer of Golden Eagle UAS for public safety, inspection and reconnaissance purposes and is among the five companies authorized by the Department of Defensev to market small UAS to the government sector.
Red Cat’s offerings include enterprise remote flight technology, software-as-a-service flight data storage and communication products.
The new award follows earlier Longbow contracts for radar electronics, mast-mounted assemblies and Apache radar sustainment services.
Leidos will support an asset tracking system covering more than 80 million government property items across over 50 agencies.
AMERICAN SYSTEMS has secured a $113.4 million follow-on task order to support a Department of War customer's critical technology work.
Scolese led the National Reconnaissance Office from 2019 to 2026 and previously directed NASA’s Goddard Space Flight Center.
Lockheed's missile backlog reached $142.5 billion after a seven-year Patriot Advanced Capability-3 contract.
DHS has forecast a sole-source, 12-month follow-on BPA worth up to $100 million for identity, credential and access management support.
Proposals for the multiple-award vehicle are due Dec. 4 through the PIEE Solicitation Module.
Leidos will leverage capabilities from its Kudu Dynamics acquisition and its existing cybersecurity technologies to carry out the work.
A Cherokee Federal company has secured a $99.3 million Navy contract to sustain protective and life-support equipment for sailors.
Michael Teegardin, a former ASRC Federal executive and U.S. Army veteran, has joined Akima as VP of marketing and communications.
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