ManTech has agreed to purchase Arlington, Virginia-based Definitive Logic in a move to grow technology service offerings and partnerships in the government market. ManTech said Tuesday the transaction is subject to a clearance process under the Hart-Scott-Rodino Antitrust Improvements Act and other customary closing conditions. The Herndon-headquart...
The board of directors of Iridium Communications (Nasdaq: IRDM) has approved a plan to buy back another $400 million in shares through Dec. 31, 2025. Iridium said Thursday the plan marks its third and largest stock buyback authorization and increases the satellite communications company’s total repurchase program to $1 billion, the company sai...
The Senate Appropriations Committee has cleared a bipartisan bill that seeks to provide $497 million in funding to modernize the F135 engine of RTX‘s (NYSE: RTX) Pratt & Whitney business. Aside from the allocation for the F135 engine core upgrade development, the bill also includes $264 million for engine spares and repair parts and $280...
The Department of Defense’s Joint All-Domain Command and Control initiative, or JADC2, has been a high priority for leaders across the defense landscape as they work to provide the United States’ joint force with a connected, unified network to accelerate data sharing and decision making. The Air Force’s response to the Pentagon’s JADC2 effo...
Hewlett Packard Enterprise (NYSE: HPE) will equip Wright Patterson Air Force Base with computer systems under a $26.5 million firm-fixed-price contract from the U.S. Army. The Department of Defense said Thursday funds for the delivery and installation of HPE computers at the air base in Ohio were covered by the Army’s fiscal year 2023 other...
Pratt & Whitney, an RTX (NYSE: RTX) business, has been awarded a $256.3 million contract option by Naval Air Systems Command to maintain fielded F-35 propulsion systems for domestic and international military customers. The engine builder will support depot-level F135 maintenance and repair activities under the exercised option, the Department o...
LightRidge Solutions has purchased Fairfax, Virginia-based space electronics provider Trident Systems for an undisclosed sum to complement mission-critical product offerings intended for the U.S. national security sector. Trident could offer more sensing and computing platforms as a result of its acquisition to support customers in space domain awar...
Peter Hughes, former program director at Textron‘s (NYSE: TXT) systems business, was elevated to the role of vice president of tactical unmanned aircraft systems and battlefield connectivity at the Haslet, Texas-based defense and space manufacturing company, according to a LinkedIn post. The executive has been with Textron Systems for nearly a...
The U.S. Air Force made a $5.5 billion modification to an existing deal with Pratt & Whitney, a subsidiary of RTX (NYSE: RTX), for the sustainment of F-117 aircraft engines. The award increases the value of the project to $8 billion and extends the expected completion date to September 2027, the Department of Defense said...
DroneShield, an Australian publicly listed company, has expanded its U.S. headquarters in Northern Virginia and added new members to its team in response to the increasing demand for its counter-unmanned aircraft systems across the U.S. The company said Tuesday its headquarters in Fauquier County, Virginia, will serve as a hub to facilitate collabor...
