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GlobalFoundries confidentially filed with the Securities and Exchange Commission for its planned initial public offering that could give the New York-based semiconductor company a valuation of approximately $25 billion, Reuters reported Wednesday. Reuters cited sources that say GlobalFoundries is expected to disclose its IPO filing in October and co...
U.S. military branches are ramping up efforts to help the Department of Defense achieve objectives it has set for the Joint All-Domain Command and Control strategy. To enable data sharing across the different services within the agency, Defense Secretary Lloyd Austin approved a strategy document for the Department of Defense’s Joint All-Dom...
TYSONS CORNER, VA, Aug 20, 2021 — Leidos (NYSE: LDOS) announced an 18 percent revenue growth to $3.4 billion during the second quarter of its fiscal year 2021 and retained its $13.7 billion to $14.1 billion sales outlook for the year, ExecutiveBiz reported Aug. 4. Addressing investors during an earnings call, Roger Krone, chairman and...
Cameron Chehreh, chief technology officer and vice president of engineering at Dell Technologies‘ (NYSE: DELL) federal systems business, said government agencies seeking to achieve digital resiliency should establish a digital workplace that enables employees to work and meet agencies’ mission from anywhere. “User experience and productivi...
Mark Amtower, a managing partner of advisory firm Amtower & Co. and a member of Executive Mosaic’s GovCon Expert program, has become a certified partner at Missouri-based executive coaching and consulting services provider RSM Federal. “When you work with me you are accessing 36+ years experience, covering an unparalleled spectrum...
Chris Brady, president of General Dynamics Mission Systems and a two-time Wash100 Award recipient, was featured in the most recent Executive Spotlight interview with ExecutiveBiz on Tuesday. He talked about his growth strategy for GDMS and provided details about the current challenges and opportunities in the government contracting (GovCon) sector a...
Andrew Rabinowitz, an asset management executive, has been appointed co-CEO and board member of New York-based risk management firm K2 Integrity, effective Sept. 20. He will oversee the firm together with Jeremy Kroll, co-founder, president and co-CEO of K2 Integrity, with a focus on launching new offerings, strengthening operations in support of bu...
Phantom Space has acquired Micro Aerospace Solutions for an undisclosed sum as part of efforts to build up its mass manufacturing capabilities for satellites, propulsion systems, launch vehicles and other space transportation technologies. Melbourne, Florida-based MAS has been developing microsatellites, propulsion systems, thruster design, computer...
Spectra A&D Holdings, a portfolio company of Vance Street Capital, has acquired Galleon Embedded Computing for an undisclosed amount to expand technology offerings for the aerospace and defense market. Oslo, Norway-based Galleon supplies embedded computers, servers, data recorders, network attached storage devices and board-level components to t...
Potomac Officers Club (POC) hosted its 6th Annual Army Forum on Thursday to share the most recent news, initiatives and developments regarding how the U.S. Army is driving future capabilities to meet the demand and speed of the digital battlefield from the perspective of the elite executives addressing the challenges first hand. Following an opening...
