Recent developments in anti-satellite and space-based weaponry by foreign adversaries has prompted the Department of Defense (DOD) to rapidly develop and deploy secure space intelligence sensors that will arm military leaders with information supremacy and warfighters with tactical advantages over adversaries. During Potomac Officers Club’s Space ...
Larry Prior, an operating executive for global investment firm The Carlyle Group and five-time Wash100 Award recipient, has been named to the board of directors of cybersecurity and data collection company Shift5. He joins the board as the Rosslyn, Virginia-based security technology provider aims to strengthen its foothold in the defense and commerc...
NASA and the Department of Energy have selected BWX Technologies, General Atomics and Ultra Safe Nuclear Technologies to further develop their reactor design concepts for a nuclear thermal propulsion system that could be used in future deep space exploration missions. Each company will receive a potential 12-year, $5 million contract from DOE’s Id...
Phil Kippen of VMware (NYSE: VMW) and Chris Thomas of Dell Technologies (NYSE: DELL) said 5G enables government agencies to adopt cloud-native, distributed edge architectures and other technologies that could help them quickly come up with new services to respond to customers’ needs, improve the user experience and streamline activities. Thomas an...
Raytheon Technologies (NYSE: RTX) has received a five-year, $320.67 million contract to manufacture man-portable, air defense systems for the U.S. Army. The company will provide Stinger missile production services to the branch over a five-year contract period that runs through June 2026, the Department of Defense said Monday. Army Contracting Comma...
Semiconductor company Broadcom (Nasdaq: AVGO) is in discussions to acquire SAS Institute in a transaction that would give the software firm an enterprise value of $15 billion to $20 billion, The Wall Street Journal reported Monday. News of a potential deal comes as Broadcom, which has a market value of nearly $200 billion, works to...
Microsoft (Nasdaq: MSFT) has agreed to buy cybersecurity company RiskIQ for more than $500 million in cash as part of efforts to expand its products and safeguard customers from cyberattacks, Bloomberg reported Monday. Bloomberg cited sources that say the transaction could be announced in the next few days. Founded in 2009, RiskIQ is a San...
Northrop Grumman (NYSE: NOC) and NASA have finalized a potential $935 million contract to build the Habitation and Logistics Outpost module for the agency’s Gateway lunar space station as part of the Artemis program. Northrop said Friday it will also integrate the HALO module with the Power and Propulsion Element being developed by Maxar Technolog...
Raytheon Technologies (NYSE: RTX) will continue to help the Federal Aviation Administration operate, maintain and update digital air traffic control systems under a five-year, $223 million contract. The company said June 30 it will also update applications for the FAA’s Standard Terminal Automation Replacement System being used by ATC tower pe...
Parsons (NYSE: PSN) has expanded its portfolio of electronic warfare, military information and cyber products following the completion of a $203 million accretive deal to acquire BlackHorse Solutions. BlackHorse brings technologies designed to help defense and intelligence customers integrate EW, information and cyber operations, Parsons said Tuesda...
