The Department of Health and Human Services’ Biomedical Advanced Research and Development Authority has begun seeking proposals for the second iteration of its accelerator program to advance the rapid development and commercialization of medical countermeasures. A notice posted Wednesday on SAM.gov states that BARDA Accelerator Network 2.0 aim...
Jen Sovada, president of SandboxAQ‘s public sector and chair of Executive Mosaic’s 4×24 Quantum Group, was named inaugural member of the board of advisers at private equity firm Bluestone Investment Partners. As advisory board members, Sovada and four other leaders from the defense and government services industry will provide Blues...
Eleven companies have been named in the latest batch of NASA’s Tipping Point partners that will develop technologies that could support lunar surface and space exploration missions. The agency said Tuesday it expects to contribute a total of $150 million to fund the projects and each award recipient will shoulder at least 10 to 25...
RTX (NYSE: RTX), formerly Raytheon Technologies, posted $18.3 billion in fiscal 2023 second quarter sales, up 12 percent from the prior-year period, and saw its adjusted earnings per share increase 11 percent to $1.29 during the quarter. The Arlington, Virginia-based aerospace and defense contractor said Tuesday its backlog at the end of the quarter...
Systems Planning and Analysis underwent an executive leadership change in November 2022 when Bill Vantine retired and Rich Sawchak took the helm as the company’s new CEO. Sawchak refocused the organization’s strategy and structure and is leading SPA to accelerated growth through a combination of organic and acquisition-based expansion ...
Since its launch in 2022, the Army of 2030 initiative has guided the service branch toward its modernization goals. Now characterized by Army Secretary and 2023 Wash100 winner Christine Wormuth’s recently announced six operational imperatives – see and sense farther, mass dispersed forces with combat first, win the fires fight, protect...
Explore the largest military shipbuilding companies, building the U.S. Navy and Coast Guard fleet and ensuring maritime strength and security. Strengthening maritime presence has consistently remained a key priority of the U.S. federal government. In pursuit of this objective, the military engages in contracts with the largest shipbuilding co...
French aerospace and defense company Safran has agreed to purchase a Collins Aerospace business that offers aircraft actuation and flight control products in an approximately $1.8 billion cash deal. Safran said Friday it aims to complete the acquisition in the second quarter of 2024 and to balance the company’s exposure to the military and com...
French aerospace and defense company Safran has agreed to purchase a Collins Aerospace business that offers aircraft actuation and flight control products in an approximately $1.8 billion cash deal. Safran said Friday it aims to complete the acquisition in the second quarter of 2024 and to balance the company’s exposure to the military and com...
Eqlipse Technologies, a portfolio company of private equity firm Arlington Capital Partners, has acquired scientific research and technology development company UES for an undisclosed sum. Dayton, Ohio-headquartered UES provides support to defense and intelligence community customers, such as the Air Force Research Laboratory, investment banking fir...
