AeroVironment has acquired Empirical Systems Aerospace, or ESAero, a producer of unmanned aircraft systems and advanced air mobility platforms, or AAM, in a deal valued at approximately $200 million. What Does ESAero Bring to AeroVironment? AeroVironment said Monday ESAero brings extensive engineering capabilities in electric and hybrid propuls...
The Missile Defense Agency has awarded 340 companies positions under the potential 10-year, $151 billion Scalable Homeland Innovative Enterprise Layered Defense, or SHIELD, multiple-award contract vehicle, expanding the pool to more than 2,400 awardees. SAIC, one of the latest additions to the SHIELD pool, is a major sponsor of the Potomac Offi...
Arlington Capital Partners has closed its seventh private equity fund, Arlington Capital Partners VII, with $6 billion in capital commitments, surpassing its $4.75 billion target and reaching its hard cap in less than five months. The oversubscribed fund marks a 57 percent increase from the firm’s previous fund in 2023 and more than 250 percen...
AeroVironment has elevated Mary Clum to president of space, cyber and directed energy, Michael Pace to senior vice president of space and DE mission systems, and John Hogan to VP of defense and interagency services. Who Is Mary Clum? Clum currently serves as executive vice president of space and DE mission systems and will a...
AV has appointed Johnathan Jones, a defense executive, as senior vice president of cyber and mission solutions, or CMS. The defense technology company rebranded from AeroVironment to AV following its acquisition of defense technology firm BlueHalo in May. AV said Thursday Jones will oversee the strategic direction and operations of CMS to strengthen...
UES, a business unit of BlueHalo acquired by Aerovironment in May, has been awarded contracts with a combined value of $747.1 million by the U.S. Air Force to provide research services for the High-Performance Electromagnetic Spectrum Survivable Materials Advancement program. HELMSSMAN Contract Scope The Department of Defense said Wednesda...
Cincinnati-based Cryptic Vector has appointed John Fant, a business development and operations executive, as chief growth officer. In a statement published June 9, Cryptic Vector CEO Sean Olding said Fant is a key addition to the company given his extensive experience in driving growth. “With John on board, we are well-positioned to expand our...
Patrick Markus shared on LinkedIn two weeks ago that he has been appointed vice president and general manager of the defense and government systems division at Hughes, an EchoStar subsidiary. The executive oversees the profit and loss division, driving the adoption of the company’s commercial communication technologies, inc...
Arlington Capital Partners has established GRVTY, its new platform company that will provide defense technology systems to meet the national security priorities of the Department of Defense, the Intelligence Community and the Department of Homeland Security. The Washington, D.C.-area private investment firm said Wednesday GovCon industry v...
The National Geospatial-Intelligence Agency has awarded a $200 million contract to 13 companies for commercial geospatial intelligence data and services. The agency said Wednesday the vendors selected for the Luno B commercial data indefinite-delivery/indefinite-quantity contract are as follows: Airbus U.S. Space & Defense BAE Systems Booz ...
