Acorn Growth Companies, a middle-market defense and aerospace investor, has finalized its sale of Black Sage Technologies to private equity firm Highlander Partners. The transaction, which comes nearly four years after Acorn bought Black Sage, is part of the latter’s expansion strategy, Acorn Growth said Tuesday. Oklahoma-headquartered Acorn G...
The Department of Defense Chief Digital and Artificial Intelligence Office has published an update to its long-term open call for new technologies to support the adoption of artificial intelligence/machine learning as well as data and digital analytics. The invitation was launched in cooperation with the U.S. Army Contracting Command – Rock Is...
Shane Sims, vice president of Army C5ISR programs at Science Applications International Corp. (NYSE: SAIC) since October 2021, has transitioned to a new role as VP of SAIC’s logistics and supply chain unit. “I am always looking to grow professionally and understand new aspects of defense acquisition businesses and this new position helps...
HII (NYSE: HII) saw its fourth-quarter revenue for 2022 rise by 5 percent to $2.8 billion compared with the prior-year period’s $2.67 billion, and recorded 10.7 billion in full-year revenue, up 12.1 percent from the previous year. The military shipbuilder said Thursday it recorded approximately $3.2 billion in Q4 new contract awards and ended the...
Robert Lightfoot, executive vice president of Lockheed Martin’s space business area, has been named to Executive Mosaic’s 2023 Wash100 list of highly esteemed leaders who shape the government contracting narrative at the intersection of federal and commercial sectors. This marks the third time that he has been recognized as a Wash100 Award winne...
Maxar Technologies (NYSE: MAXR) will provide satellite imagery products and services to U.S. allies under a five-year, $192 million contract from the National Geospatial-Intelligence Agency. The indefinite-delivery/indefinite-quantity contract is intended to support NGA’s Foreign Commercial Imagery Program covering synthetic aperture radar, 3D...
Since he began at Army Futures Command in 2020, Lt. Gen Thomas Todd has focused on aligning the Department of Defense’s technology arsenal with its fast-moving targets and battle demands. As deputy commanding general for acquisition and systems management, Todd is in charge of envisioning and leading research on the next generation of wa...
Seven GovCon industry leaders have received appointments to serve on the Intelligence and National Security Alliance’s board of directors. Six of the newly elected board members will serve three-year terms and the appointed director will serve a two-year term to provide direction, strategic guidance and business oversight to INSA as the nonprofit ...
Justin Shum, a business development executive with more than two decades of industry experience, has joined Altamira Technologies as vice president of business development for intelligence programs. He announced his new position at the McLean, Virginia-based analytics company in a LinkedIn post Tuesday. Shum joins Altamira from Applied Signal Techno...
The rapid growth of commercial space has unlocked exciting new opportunities for the U.S. federal government. Many of these possibilities lie in the field of geospatial intelligence, or GEOINT, and space-based imagery, especially with the recent development of 3D and 4D capabilities. GovCon Wire spoke with six-time Wash100 Award winner&nb...
