Daniel Perkins, formerly the chairman and CEO of MTS Technologies, has been named into Concurrent Technologies Corporation‘s board of directors. CTC said Thursday Perkins founded and led MTS, which provided technical and logistics support to customers at the Department of Defense and other federal agencies. He has been involved in consulting e...
D-Orbit has agreed to merge with blank check company Breeze Holdings Acquisition (Nasdaq: BREZ) in a transaction that would result in the Italy-based space logistics provider becoming a publicly traded company. The boards of directors of both companies unanimously approved the deal that is expected to wrap up in the second or third quarter of...
Comtech Telecommunications (Nasdaq: CMTL) has formed two business units in North America to explore market opportunities in the region for satellite ground stations and expand work with U.S. and allied governments. Daniel Gizinski, who has held senior management roles at Comtech since 2019, will serve as president of the U.S.-based subsidiary that w...
L3Harris Technologies (NYSE: LHX) has won a potential 10-year, $750 million contract to provide the U.S. Marine Corps multichannel handheld radios for integration with joint light tactical vehicles and high mobility multipurpose wheeled vehicles. Marine Corps Systems Command is the contracting activity and received two offers for the firm-fixed-pric...
Blue Origin has agreed to acquire advanced robotics manufacturer Honeybee Robotics from technology conglomerate Ensign-Bickford Industries for an undisclosed amount. Once the deal is completed in mid-February, Honeybee will operate as a wholly owned subsidiary of Blue Origin while retaining its brands, leadership team, offerings and business process...
Neal Frick, formerly vice president of mission services at CyberCore Technologies, has elevated to the CEO post at the Elkridge, Maryland-based company. He brings to the chief executive role over 18 years of experience building operational teams and driving growth for businesses supporting the Intelligence Community and other U.S. government custome...
Lockheed Martin (NYSE: LMT) reported $17.7 billion in net sales during the fourth quarter of its 2021 fiscal year, up 4 percent from the prior-year period, and posted $2 billion, or $7.47 per share, in Q4 net earnings from continuing operations. The Bethesda, Maryland-based aerospace and defense contractor said Tuesday Q4 cash from operations reache...
Enlightenment Capital has purchased Boecore, a provider of technology platforms in space, hypersonics, strategic deterrent and missile defense sectors, for an undisclosed sum. Colorado-based Boecore provides software, cybersecurity and network and systems engineering support to federal government and military customers, the companies said in a joint...
Barry Broadus, a former Dovel Technologies executive with over three decades of financial management experience, will join ICF (Nasdaq: ICFI) by the end of February to serve as its chief financial officer. He will take over from Bettina Garcia Welsh, who will remain with the company as an adviser until early April to smoothen the...
Defense agency and commercial sector leaders came together on Wednesday to examine the Department of Defense’s current research and development strategies, technology innovation efforts and acquisition reform initiatives during the Potomac Officers Club’s highly-anticipated 8th Annual Defense R&D Summit. After the virtual audience heard fr...
