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Government contracting mergers and acquisitions deals are on the upswing after a year and a half of slow progress. That was one of the resounding themes of the 6th Annual Government and Defense Conference, hosted by Robert W. Baird & Co., at the Ritz-Carlton, Tysons Corner on Wednesday. Baird Managing Director and Wash100 Award winner&...
Firefly Aerospace closed the third tranche of its Series C Funding round, bumping the valuation of the end-to-end space transportation company to $1.5 billion. It has raised around $300 million since February this year. During the round, Mitsui & Co. and other new investors joined existing investors led by AE Industrial Partners, Firefly Ae...
The State Department has approved a potential $2.53 billion foreign military sale of M1A2 Abrams main battle tanks and related equipment to the government of Romania. The potential FMS deal includes 54 M1A2 System Enhancement Program version 3 vehicles, 54 M1A1 structures, four M88A2 Hercules combat recovery vehicles, four M1110 joint assault bridge...
Murali Krishnan, most recently sector vice president of strategic growth at Northrop Grumman’s (NYSE: NOC) mission systems business, has been promoted to sector VP and general manager of the payload and ground systems division within the Falls Church, Virginia-based aerospace and defense contractor’s space systems business, GovCon Wire has l...
Tessa Baerlocher, most recently deputy general manager of the space superiority business group at LinQuest, has assumed the role of vice president and business lead of the space systems technology developer’s TMC Design subsidiary. In this capacity, she will oversee growth initiatives within TMC and advance modernization in the areas of digita...
Frontgrade Technologies, a provider of analog and radiation hardened technologies for aerospace and defense customers, has promoted Tommy Reed to the position of vice president. Reed, formerly the senior director of strategy and integrated solutions, said on LinkedIn that he was also appointed acting chief technology officer at the portfolio company...
Andrew Cox became chief financial officer of Apogee following a more than two-year stint as vice president of finance at Parsons (NYSE: PSN), he announced in a LinkedIn post on Wednesday. He has over 22 years of experience in financial management, most of them spent in the defense manufacturing industry. Cox began as a financial...
Rich Scigaj, formerly partner and chief financial and administrative officer at Cyber Capital Partners, has been named chief financial officer at Easy Dynamics, a McLean, Virginia-headquartered provider of cybersecurity products and services to the government sector. The two-decade industry veteran will oversee the company’s overall financial ...
L3Harris Technologies (NYSE: LHX) has received orders worth more than $247 million to produce and deliver AN/PRC-158 and AN/PRC-163 Manpack and Leader radios to the U.S. Army. The orders will be used by the Army Integrated Tactical Network and funded under the branch’s Handheld, Manpack and Small Form Fit program, the company said Wednesday. M...
Quinlan Lyte, a nearly two-decade aerospace industry veteran, has joined L3Harris Technologies (NYSE: LHX) as vice president and general manager of space and sensors. He announced his new position Monday on LinkedIn and came to L3Harris after more than four years of work managing Collins Aerospace’s propeller systems business. Previously, Lyte...
