Casey Cowell, executive chairman of ATLAS Space Operations, was named interim CEO of the software company that provides satellite ground communications and antenna network services for commercial and government agencies. ATLAS said Thursday Cowell will succeed John Williams, who is stepping down as president and CEO and is transitioning to an execut...
The Federal Trade Commission has approved through a unanimous vote a final rule that will require parties to certain mergers and acquisitions to provide more information to help FTC and the Department of Justice’s antitrust division better screen M&A transactions for potential competition issues. FTC said Thursday the final rule seeks to u...
Raft has recently established the chief operating officer and chief people officer roles within its leadership team to mark its rapid growth and commitment to innovation and scaling operations. The company said Wednesday Mark Procaccini, former senior vice president of operations, was promoted to COO, while Danielle McCoy was elevated to CPO post fr...
A General Dynamics (NYSE: GD) subsidiary has secured two U.S. Navy contract modifications valued at approximately $1.2 billion combined to provide materials to support the construction of Block V and VI Virginia-class nuclear-powered attack submarines. Contract Action for Block V Submarines The Department of Defense said Tuesday a potential $878 mil...
Michael Tarulli, a chartered financial analyst and a previous Wash100 Award winner, has rejoined Goldman Sachs Group (NYSE:GS) as partner and global head of aerospace & defense within global banking & markets. Goldman Sachs said Tarulli most recently worked at Evercore (NYSE: EVR) for over a year as senior managing director of aero...
“Inside Cyber: How AI, 5G, and Quantum Computing Will Transform Privacy and Our Security” by Chuck Brooks is a must-read for anyone who wants to understand and take advantage of the next wave of technological progress. Brooks is a well-known executive and adviser who breaks down complicated technological trends into easy-to-understand insights....
The Department of Defense has awarded defense technology company Anduril Industries a $250 million contract to strengthen air defense capabilities across all military services. Anduril said Tuesday the contract covers the delivery of more than 500 Roadrunner-Ms and additional Pulsar electronic warfare capabilities to enhance the nationR...
C Speed, a product development and engineering services company, was acquired by NewSpring and added to the private equity firm’s portfolio of businesses that provide government customers with mission support products and services. The firm said C Speed brings to the NewSpring Holdings Federal Platform three decades of experience in offering a...
The U.S. Forest Service has selected 38 offerors for a potential 10-year, $3.5 billion contract to provide helicopter support services. According to an award notice published Monday, USFS conducted a full and open competition for the indefinite-delivery/indefinite-quantity contract requiring vendors to provide Type 1 helicopters. The agency said mos...
The Department of the Air Force has awarded Leidos (NYSE: LDOS) a potential five-year, $303 million contract to provide planning, analysis and operations support for a core DAF Battle Network component. Leidos said Monday it will perform a wide range of management support to help the department develop the Advanced Battle Management System-Digital I...
