In a statement published Tuesday, Redwire Chairman and CEO Peter Cannito said the acquisition marks a key milestone in the space infrastructure company’s growth strategy and enables it to provide customers with mission-critical capabilities in GEO.
“We look forward to bringing together our highly complementary solutions as we continue to deliver for our national security customers and advance our goal of becoming a leading provider for proliferated GEO constellations,” added Cannito.
In mid-August, Redwire agreed to buy Hera Systems for an undisclosed sum to broaden its national security mission capabilities.
With the latest transaction, Redwire increased its 2024 full-year guidance to $310 million in revenue, up from $300 million.
GH Partners and Hogan Lovells, respectively, acted as Redwire’s financial adviser and legal counsel in the acquisition.
General Dynamics Information Technology has appointed Rebecca McHale, former Peraton executive, as senior vice president of human resources and communications.…
Geoforce has expanded its asset intelligence capabilities with the acquisition of AssetLink Global, a provider of satellite-enabled remote monitoring systems…
SpyCloud has promoted Trevor Hilligoss to chief intelligence officer and Jason Lancaster to chief investigations officer. The company said Thursday the two longtime…
