News

Moog Adds to Aircraft Controls Portfolio With Genesys Acquisition

Avionics

Moog (NYSE: MOG.A and MOG.B) has acquired Mineral Wells, Texas-based electronic flight instrument and autopilot technology provider Genesys Aerosystems for approximately $77.7M. Moog said Monday it will integrate the products and employees of Genesys Aerosystems into the Elma, New York-based company's aircraft controls segment, led by Mark Trabert.

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Alion Wins Navy Technical Support Order; Alan Dietrich Quoted

Alan Dietrich SVP of ISR Group Alion

Alion Science and Technology has secured a five-year, $39 million task order to deliver Rapid Technical Collection and Demonstration for the Naval Air Warfare Center Weapons Division (NAWCWD) Fleet Innovation Team (FIT). Alion will perform system analysis, functional allocations, synthesis and evaluation efforts to deliver an effective, affordable and operable system in support of NAWCWD and its partners. 

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NuWave Solutions Acquires ProModel Government Services; GovCon Expert Reggie Brothers; Baird’s Jean Stack Quoted

Dr. Reggie Brothers CEO NuWave Solutions

NuWave Solutions announced on Tuesday its acquisition of ProModel Government Services, a leading provider of mission critical predictive and prescriptive analytic software solutions to the U.S. government, for an undisclosed amount. “ProModel Government Services is uniquely qualified to help federal government agencies with their decision making, ensure that their processes are more efficient and their resources are  better managed,” said Dr. Reggie Brothers, CEO of NuWave and GovCon Expert

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Potomac Officers Club to Host 5G Space: The Ultimate Connected High Ground Panel During 5G Summit

5G Summit

On January 7th, Potomac Officers Club’s 5G Summit will feature notable federal and industry leaders on the “5G Space: The Ultimate Connected High Ground” Panel. The panelists will discuss emerging programs, priorities and challenges within the integration process of the new 5G framework. To register for the 5G Summit, and view other upcoming events, visit Potomac Officers Club’s Event Page!

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Army Exercises $114M Option to Extend Palantir’s Work on ‘Vantage’ Data Analytics Program

Palantir

The U.S. Army has awarded Palantir Technologies (NYSE: PLTR) a potential $113.8M contract option to continue work on a program that seeks to facilitate the decision-making process through a data analytics platform. The award made by the service’s program executive office for enterprise information systems represents the first option year under a potential four-year, $458M production agreement the Army awarded in December 2019 in support of the Vantage program.

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Lockheed Strikes $4.4B Deal for Aerojet Rocketdyne; James Taiclet, Eileen Drake Quoted

James Taiclet President and CEO Lockheed Martin

Lockheed Martin (NYSE: LMT) has agreed to acquire Aerojet Rocketdyne (NYSE: AJRD) for approximately $4.4B in a move to expand its capabilities in the areas of hypersonics, space exploration, integrated air and missile defense and tactical missiles. The deal is expected to conclude in the second half of 2021, subject to approval by Aerojet Rocketdyne’s stockholders, regulatory clearances and other customary closing conditions.

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General Dynamics Unit Gets $4B Army Contract to Produce Modern Battle Tanks

Abrams M1A2 SEPv3

General Dynamics' (NYSE: GD) land systems unit has won a $4.62B contract to provide the U.S. Army a set of new Abrams M1A2 battle tanks in the most modern configuration. The company will deliver Abrams units with System Enhancement Package Version 3 through June 17, 2028, the Department of Defense said Friday.

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Altamira’s Ted Davies on Building a New Leadership Team After Ownership Transition, His Priorities for Company’s Federal Market Growth

Ted Davies, CEO of Altamira Technologies

TYSONS CORNER, VA, December 21, 2020 — Ted Davies, CEO of Altamira Technologies and a previous Wash100 awardee, recently caught up with ExecutiveBiz to overview the changes to the company's leadership team following its sale to another private equity group led by ClearSky last year. "Our leadership team and board is composed of a very diverse group of thinkers. We get access to new thinking, new partners and new technologies on a regular basis from our board and executive leadership," Davies told the publication in an interview posted Dec. 8.

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