Ball’s (NYSE: BALL) aerospace business has received a potential 15-year, $486.9 million contract from NASA to build a sounder instrument for the space agency’s Geostationary Extended Observations satellite program with the National Oceanic and Atmospheric Administration. Ball Aerospace & Technologies will provide spacecraft integration a...
Federal contracting veteran Craig Reed has been named a strategic partner at Donovan Capital Group, a Virginia-based investment company focused on the aerospace, defense and government services industries, DCG announced Monday. “In addition to strengthening our investment team, Craig deepens our firm’s ability to guide the companies we work with...
An RTX (NYSE: RTX) subsidiary has secured a $221 million contract from the U.S. Navy to help maintain and sustain F135 propulsion systems used by the U.S. military and foreign military sales customers. Pratt & Whitney will provide material and support equipment, supplies, unit-level support equipment, labor and planning for depot-level F135 main...
The U.S. Special Operations Command has added $161 million to the ceiling of a multiple-award contract vehicle through which three companies offer intelligence, surveillance and reconnaissance platforms and support services. Barbaricum, iGov and NexTech Solutions hold spots on the indefinite-delivery/indefinite-quantity Targeted Requirement Executio...
Geoffrey Mattson, former senior vice president at LogRhythm, has joined Xage Security as CEO. Xage said Wednesday Mattson will take the helm of the cybersecurity software provider as it keeps up with the continuous growth in demand for its zero trust mesh platform, which pushed year-over-year revenue up by 420 percent in the first half...
Mark DeMerse is a thought leader at Carahsoft on 5G and private wireless networks in the public sector. During his nearly 12 years with the company, the sales director has collaborated with Carahsoft’s ecosystem of cellular solution providers to help government organizations take advantage of the latest telecom technology. DeMerse recently partici...
A Cerberus Capital Management affiliate has invested an undisclosed amount in aerospace survivability technology provider Resonant Sciences to help drive the latter’s growth and product development strategies. Baird acted as the exclusive financial adviser to Resonant Sciences on its deal with Cerberus’ Supply Chain and Strategic Opportu...
BAE Systems was awarded a $797 million initial order to proceed with full-rate production of the Armored Multi-Purpose Vehicle for the U.S. Army. The service branch said Thursday the contract value could reach $1.6 billion if it exercises options to order additional units of the AMPV, which is designed to replace the M113 family of...
Quinlan Lyte, a nearly two-decade aerospace industry veteran, has joined L3Harris Technologies (NYSE: LHX) as vice president and general manager of space and sensors. He announced his new position Monday on LinkedIn and came to L3Harris after more than four years of work managing Collins Aerospace’s propeller systems business. Previously, Lyte...
The Department of the Air Force has made an initial announcement for the development of next-generation artificial intelligence and distributed capabilities to support the Department of Defense’s Joint All Domain Command and Control initiative. DAF is allocating $99 million in funding for the broad agency announcement over five years to facili...
