AE Industrial Partners, a private equity firm focused on the aerospace and government markets, has wrapped up its acquisition of a majority stake in small satellite builder York Space Systems. Financial terms of the transaction were not disclosed and AEI said Monday that York founder Dick Wallinger will stay as CEO while Chairman Charles Beames...
Kevin Sullivan, former corporate comptroller of Valiant Integrated Services, has been promoted to senior vice president and chief financial officer at the Herndon, Virginia-based government contractor. He replaces Mike Devoto, who has served as Valiant’s CFO on an acting basis and will transition to the position of executive VP for strategic p...
Top seasoned executives in the government contracting industry including NetImpact Strategies CEO Venkatapathi “PV” Puvvada, KBR Government Solutions President Byron Bright, CACI International President and CEO John Mengucci are scheduled to share insights at the 2022 Government & Defense Conference that will be hosted by Baird on No...
Kathleen Hicks, deputy secretary of the Department of Defense, met with members of the Defense Business Board and informed them about the initiatives to strengthen the defense industrial base’s resiliency, according to a DOD meeting readout released Thursday. During DBB’s first quarterly meeting for fiscal year 2023, the two-time Wash100...
Tim Reardon, a 25-year GovCon industry leader and a four-time Wash100 awardee, has been appointed CEO and chairman of the board of Sayres Defense, a portfolio company of Charlotte, North Carolina-based private equity firm Broadtree Partners. He succeeds Joel Willett as chief executive of Sayres and will oversee sourcing, investment strategy and acqu...
Lithuania has requested to buy Lockheed Martin-built (NYSE: LMT) multiple launch rocket systems and associated equipment from the U.S. government under a $495 million foreign military sales agreement approved by the State Department. The proposed FMS deal includes eight M142 High Mobility Artillery Rocket System launchers, missile and rocket pods, b...
Kathleen Hicks, deputy secretary of the Department of Defense and a 2022 Wash100 Award recipient, spoke with leaders of eight large primes to discuss strategic priorities for the Pentagon and business challenges facing the industry. DOD said Tuesday executives at BAE Systems, Boeing (NYSE: BA), General Dynamics (NYSE: GD), HII (NYSE: HII), L3Harris ...
Angelique Napoleon, former cyber solutions engineer at General Dynamics‘ (NYSE: GD) information technology business, has been promoted to solutions director of homeland security and intelligence market areas under the GDIT organization. Napoleon joined GDIT in April and has more than two decades of cybersecurity and technical support experienc...
The Space Development Agency is seeking information on industry sources that could provide a position, navigation and timing service payload for the second tranche of the National Defense Space Architecture’s transport layer. SDA intends to proliferate a low cost L-band PNT service payload on the Tranche 2 Transport Layer, according to a request f...
The State Department approved a potential $535 million foreign military sales request from Finland for guided multiple launch rocket systems and supporting equipment. Lockheed Martin‘s (NYSE: LMT) missiles and fire control business will serve as the prime contractor for the proposed sale, the Defense Security Cooperation Agency said Wednesday....
