The U.K. government has approved the planned merger between Viasat (Nasdaq: VSAT) and British satellite services provider Inmarsat following the completion of an in-depth review. In November 2021, Viasat agreed to acquire Inmarsat in a cash-and-stock transaction valued at approximately $3.9 billion as part of efforts to provide a global hybrid netwo...
General Dynamics‘ (NYSE: GD) information technology unit has won a $137.9 million contract to modernize a personal area network system of systems for the U.S. Air Force and foreign military sales customers. The GDIT business will support Special Warfare Assault Kit technology refresh, tactical air control party modernization and Guardian Angel...
Thomas Bell Takes Helm as Leidos CEO; Maxar Goes Private Following Advent Deal Completion; Executive Mosaic Names Defense Secretary Lloyd Austin 2023 Wash100 Popular Vote Winner; Q&A With Xage’s Matt Heideman Click to Unmute...
Lockheed Martin’s (NYSE: LMT) space segment will streamline its five business lines into three as part of a realignment initiative meant to improve the delivery of space capabilities to customers, facilitate collaboration with suppliers and partners, better address emerging threats and further advance growth and innovation. Maria Demaree, most...
HII (NYSE: HII) logged first-quarter revenue of $2.7 billion, up 3.8 percent from prior-year period figures, and the company attributed the growth to strong performance by its Newport News Shipbuilding and Mission Technologies divisions. The company said Thursday net earnings for the quarter totaled $129 million, or $3.23 per share, compared to $140...
Maximus (NYSE: MMS) reported $1.21 billion in revenue for the second quarter of its 2023 fiscal year, a 2.5 percent increase from the prior-year period. The Tysons, Virginia-based company said Wednesday diluted earnings for the quarter came in at 52 cents per share, while adjusted earnings stood at 80 cents per share. New and expanded...
Boston-based private equity firm Advent International and Canada-based British Columbia Investment Management Corp. have finalized their acquisition of Maxar Technologies in an all-cash transaction valued at approximately $6.4 billion, or $53.00 per share. With the transaction’s completion, Maxar will continue to operate as a U.S.-controlled a...
Rapid technological advancements have made space more accessible than ever before, opening a new arena for competition between the U.S. and its adversaries. As space continues to grow in influence, the Department of Defense has made it a priority to ensure the security of the evolving domain. Though adversaries are actively working to dominate ...
By Mark Townsend, Vice President of Professional Services at Invicti Security With access to some of the world’s most sensitive and secure data and systems, the U.S. Department of Defense is a natural candidate to lead innovation on zero trust security. To that end, the department has set an ambitious five-year goal to deploy zero...
Since the 1980s, the United States has been pivoting along an ever-evolving tract of developing technologies to protect against and respond to adversarial missile attacks. The Missile Defense Agency (once the Strategic Defense Initiative Organization and the Ballistic Missile Defense Organization) aims to be agile in its stance toward threats from r...
