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TransDigm Group (NYSE: TDG) has decided not to pursue a firm offer for U.K.-based aerospace company Meggitt, citing the “quite limited due diligence information that was made available.” TransDigm Chairman W. Nicholas Howley said in a statement Tuesday that the company had made efforts to advance a potential deal, such as arranging the needed fi...

The U.S. Air Force has named 55 awardees on a potential 11-year, $46 billion contract to perform work related to model-based systems engineering, weapons and enterprise analytics, digital engineering, Agile processes and open systems architecture. The Air Force Life Cycle Management Center at Eglin Air Force Base in Florida received 58 offers for th...

BlackSky Holdings, a Herndon, Virginia-based geospatial intelligence provider, has received an equity investment from Palantir Technologies (NYSE: PLTR) to enable it to meet the customers’ demand for global monitoring services and further expand its capabilities. BlackSky said Wednesday it will also broaden the delivery of deep analytics and high-...

Analogic has secured a $198.4 million contract from the Transportation Security Administration for the procurement of mid-size computed tomography systems that the agency needs to increase aviation threat detection capabilities. According to a SAM notice posted Thursday, the firm-fixed-price order was awarded under a basic ordering agreement in supp...

Booz Allen Hamilton (NYSE: BAH) and Ball Aerospace has won positions on a $200 million multiple-award contract to help the Air Force Research Laboratory develop technologies to avoid a cyber attack on military avionics systems. The two companies will conduct research and development efforts with the goal of identifying and mitigating cyber vulnerabi...

David Feinberg, formerly the vice president of Google’s health business, has been appointed to serve as president, CEO and a board member of health information technology provider Cerner (Nasdaq: CERN). The 25-year industry veteran will succeed Brent Shafer as CEO and Donald Trigg as president of Cerner effective Oct. 1, the company said Thur...

Mick Fox, chief operating officer of Technomile, published his second article as a part of Executive Mosaic’s GovCon Expert program on Thursday. Last week, GovCon Expert Mick Fox provided an informative guide into the contract lifecycle management of contract professionals in the federal landscape today in part one of this feature. On Thursday, Fo...

Cameron Chehreh, chief technology officer and vice president of engineering at Dell Technologies‘ (NYSE: DELL) federal systems business, said government agencies seeking to achieve digital resiliency should establish a digital workplace that enables employees to work and meet agencies’ mission from anywhere. “User experience and productivi...