Spire Global, a space-based data and analytics provider headquartered in San Francisco, is set to go public through a merger agreement with NavSight Holdings (NYSE: NSH) as part of a push to advance growth strategy, product development, sales and marketing efforts. The boards of directors of both companies unanimously approved the proposed transacti...
Jane Chappell, a former Raytheon executive, has been appointed CEO of Altamira Technologies. Her addition to Altamira’s executive team will continue to drive its expertise in space, missile defense, cyber domains and many other critical areas, the company said Friday. “Jane’s executive leadership and lifelong commitment to the national securit...
Canadian aerospace company CAE (NYSE: CAE) is close to finalizing a potential $1.05 billion deal to acquire the military training division of L3Harris Technologies (NYSE: LHX) as part of a push to expand its defense business, The Wall Street Journal reported Sunday. WSJ cited sources that say the acquisition agreement could be ready by Monday...
A McAleese & Associates report about L3Harris Technologies‘ (NYSE: LHX) financial results for both the fourth quarter and full 2020 fiscal year says the Melbourne, Florida-based government contractor will transition the CEO position from William Brown to Christopher Kubasik, who has served as vice chairman, president and chief operating of...
Carahsoft Technology has received a blanket purchase agreement under the Department of Defense’s Enterprise Software Initiative to provide government, defense and intelligence community customers with access to key software and information technology offerings. Carahsoft said Thursday the BPA comes as part of the company’s Federal Supply Sch...
Raytheon Technologies (NYSE: RTX) has secured a potential five-year, $146.3 million to help the U.S. Navy operate and maintain a relocatable over-the-horizon radar system that supports the U.S. government’s counter narco-terrorism operations. The company’s intelligence and space business will perform ROTHR operation and maintenance work ...
L3Harris Technologies (NYSE: LHX) will continue to help the U.S. Space Force and Space Command maintain infrastructure for monitoring assets in orbit as part of an $89 million option award under the potential 10-year, $1.2 billion Maintenance Of Space Situational Awareness Integrated Capabilities contract. The company said Thursday the award represe...
Quincy Allen, a 35-year technology services industry veteran and former chief marketing officer of IBM‘s (NYSE: IBM) cloud business, has been appointed to the board of directors of Lumen Technologies. Lumen said Thursday that Allen met independent director qualifications under the New York Stock Exchange listing policies and his addition bring...
IBM (NYSE: IBM) will further develop its digital health tool designed to help address the COVID-19 pandemic under the second phase of a contract awarded by the National Institutes of Health. The company said Thursday it will deploy its IBM Digital Health Pass to employees of the water and wastewater utility Washington Suburban Sanitary Commission...
Huntington Ingalls Industries (NYSE: HII) has promoted senior directors Grant Hagen, Jaime Orlando and Chris Walton to vice president roles within the technical solutions division, effective March 1. Hagen, senior director of business excellence, will serve as VP of business operations at HII Technical Solutions, the company said Wednesday. He led t...
