Category: News

Trive-Backed Karman Space & Defense Raises Over $500M in IPO

Karman Space & Defense has completed an initial public offering, or IPO, raising over $500 million in capital in its

Aerospace Corp. Adds William LaPlante, Frank Calvelli to Board of Trustees

The Aerospace Corp. has elected former Department of Defense officials William LaPlante and Frank Calvelli to the board of trustees.

Contract Awards

Raytheon Secures Navy Contract Modification for SM-2 Missile

RTX business Raytheon has received a U.S. Navy contract modification worth approximately $141 million for the procurement of Standard Missile-2

Foreign Military Sales

State Department Clears Australia’s $164M FMS Request for Countermeasures, Impulse Cartridges

The State Department has approved Australia’s foreign military sale request for countermeasures, chaff and impulse cartridges and related equipment valued at

Executive Moves

David Flowers Named Business Development VP at LinTech Global

David Flowers announced on LinkedIn Thursday that he has been appointed vice president of business development at LinTech Global, a Dexian company. The

Acquisition & Procurement

NAVFAC Issues RFP for Potential $8B Construction Contract

The Naval Facilities Engineering Command has started seeking industry feedback for a potential $8 billion Multiple Award Construction Contract for large

Executive Moves

Kathleen Hogan, Amy Coleman Assume New Responsibilities at Microsoft

Microsoft has shuffled its executive leadership team to optimize processes and better meet customers’ needs. In a blog post posted

M&A Activity

Frontgrade Acquires Crescend’s Defense Solutions Division

Frontgrade Technologies has acquired Crescend Technologies’ defense solutions division IDSI for an undisclosed sum to expand its portfolio of high-power