Precision Aviation Group, an Atlanta-based portfolio company of private equity firm GenNx360 Capital Partners, has agreed to buy PTB Group, which provides engine support services to the aerospace and defense industries. PAG said Tuesday it aims to complete the acquisition in the fourth quarter of 2022. Australia-based PTB is composed of Pacific Turb...
Nicole Piasecki Kymeta has announced the appointment of aerospace industry veteran Nicole Piasecki to the board of directors and Fran Beaudette, a retired U.S. Army lieutenant general, to the board of advisers. Piasecki has more than 35 years of experience at Boeing (NYSE: BA) and United Technologies Corp. and her appointment comes following the ret...
Jeff Miller, vice president of public sector at NowSecure, said government agencies looking to meet their digital transformation objectives and gain insight into the security of their applications should adopt modern software development practices and integrate into their mobile DevSecOps environments continuous security testing to detect and addres...
Guidehouse, a Veritas Capital portfolio company, has agreed to buy the public sector advisory practice of professional services firm Grant Thornton for an undisclosed sum. McLean, Virginia-based Guidehouse said Monday it expects the transaction to close in the second half of the year and add to the company a group of professionals that advises gover...
Serco Group‘s U.S. subsidiary and industry partners will begin the second leg of an unmanned surface vessel development and demonstration program spearheaded by the Defense Advanced Research Projects Agency. As part of Phase 2 of the No Manning Required Ship program, DARPA said Monday the team’s medium USV concept dubbed Defiant is expected ...
ExecutiveBiz featured Marqus Hutchinson, chief technology officer at Intelligent Waves, in its most recent Executive Spotlight interview published Monday. He talked about the five technical pillars on which they created domains for Intelligent Waves as well as the recent partnerships that helped the company grow in the federal market. The Q&A al...
Viasat (Nasdaq: VSAT) booked a $99 million order during the second quarter of its 2023 fiscal year to supply Joint Tactical Radio System terminals to the U.S. Navy. The order from Naval Information Warfare Systems Command is part of a potential $998 million indefinite-delivery/indefinite-quantity contract awarded in May 2020, the company said Monday...
NASA expects the International Space Station to conclude operations in late 2030 and is seeking information from potential industry sources of spacecraft that will work to deorbit the government-funded laboratory. A request for information posted Friday on SAM.gov says the deorbit vehicle should attach to the Node 2 Forward port one year before the ...
The U.S. Air Force has awarded five companies positions on a potential 10-year, $975 million contract to perform technology maturation and risk reduction work under a program that seeks to build prototypes of an adaptive engine for next-generation fighter aircraft. The awardees are General Electric’s (NYSE: GE) Edison Works business, Raytheon Tech...
Mustafa Veziroglu, former chief operating officer of CACI International’s (NYSE: CACI) SA Photonics subsidiary, has been named president of Mynaric (Nasdaq: MYNA) and member of the laser communication equipment manufacturer’s management board. He will be based at Mynaric’s headquarters in Munich, Germany, and oversee product develo...
