Boston-based Advent International has agreed to purchase Maxar Technologies (NYSE: MAXR) in an all-cash transaction worth approximately $6.4 billion, including debt, that will take the satellite imagery contractor private, the two companies said Friday. The $53-a-share price of the deal is a premium of 129 percent to Maxar’s Thursday closing o...
Image by Kristi Blokhin from Shutterstock.com CACI International (Consolidated Analysis Center, Inc) is a top-tier U.S. federal government contractor based in Reston, Virginia. Most of its customers are from the defense, security, homeland, healthcare, and intelligence departments. In the fourth quarter of the fiscal year 2021, the company’s c...
The Department of Commerce has cleared a joint NASA-National Oceanic and Atmospheric Administration program to acquire spacecraft that will follow the Geostationary Operational Environmental Satellite R Series. The agencies can now start the contracting process to build a Geostationary Extended Observations system and associated instruments, NOAA...
The Naval Air Systems Command has awarded Raytheon Technologies-owned (NYSE: RTX) engine builder Pratt and Whitney a $619 million contract modification to procure lot 17 F-35 propulsion components and produce additional systems for the 15th and 16th batches of the fighter aircraft. Pratt & Whitney will use a portion of the funds t...
Northrop Grumman (NYSE: NOC) has elevated Scott Vander Hamm to the positions of vice president and corporate lead executive for the company’s U.S. Strategic Command and Air Force Global Strike Command accounts, according to a LinkedIn post. The retired Air Force major general joined Northrop in August 2019 as corporate director of AF aviation ...
Metron will provide undersea mission autonomy software development and applied research investigation support services for the U.S. Navy under a cost-plus-fixed-fee contract. The company said Thursday the contract with the Office of Naval Research covers mission simulation, algorithm research and development, objective planning, system-level perform...
Heather Dallara, former vice president of corporate contracts at Amentum, has been appointed to the newly created role of senior vice president of business operations at national security contractor Integral Federal. Dallara brings nearly 20 years of experience in contracts leadership and will be responsible for overseeing the company’s strate...
Federal contracting industry veteran Katherine White has joined PM Consulting Group as vice president of delivery and programs. She oversees the development of processes and workflows to help improve the customer experience with federal agency clients and collaborates with program management, finance, accounting and business development teams to str...
Shield AI, an artificial intelligence-focused aerospace and defense technology company, closed its Series E round after raising an additional $60 million in funding from the U.S. Innovative Technology Fund to support the development of its AI pilot for military and commercial aircraft. The new capital brings the total value of the company’s fi...
Coming out of his undergraduate work in chemical engineering at the University of Tennessee, Kent Wilcher considered three industries: oil and gas, pharmaceuticals and defense. After some brief deliberation, his answer was fairly easy. He decided to serve the defense industry because of his belief in its mission—he wanted something highly technica...
