Voyager Space has agreed to purchase a majority stake in Space Micro, a San Diego-based maker of satellite communications, electro-optical and digital systems, for an undisclosed sum as part of efforts to help the latter expand its technology portfolio in support of defense, civil and commercial customers. “The satellite constellation market stand...
Dan Lohrmann, former chief security officer for the state of Michigan, has been appointed field chief information security officer for the public sector business at digital services provider Presidio. In his new capacity, Lohrmann will work with clients in the state and local government and education sectors to help them develop infrastructure cyber...
Eight companies have received contract modifications worth $2.4 billion combined to provide prototype development, sustainment and production support services to the Department of the Air Force. Work will occur in New Jersey, California, Virginia, Utah, Pennsylvania and Iowa through Jan. 9, 2028, the Department of Defense said Wednesday. The modific...
Amela Wilson, formerly a senior vice president and general manager at Mercury Systems (Nasdaq: MRCY), has joined space services provider Nanoracks as CEO. Nanoracks said Thursday that Wilson succeeds Jeffrey Manber, who will continue to serve as the company’s board chairman and assume a new role as president of Voyager Space’s internatio...
A proposed $1.75 trillion social safety net spending and climate change bill known as the Build Back Better Act includes language that would require a 1 percent tax on stock repurchases, a provision that could have a potential impact on defense companies, Defense One reported Friday. The Build Back Better framework seeks to “stop large,...
Baird is scheduled to hold its Government and Defense Conference on Nov. 17, a hybrid in-person and virtual event that will feature presentations from the GovCon community. The annual conference involves discussions of industry trends and market outlook and offers a networking opportunity for leaders from the worlds of business and government. Prese...
Terran Orbital has agreed to merge with special purpose acquisition company Tailwind Two Acquisition (NYSE: TWNT) in a transaction that would take the Boca Raton, Florida-based small satellite manufacturer public and bring its enterprise value to approximately $1.58 billion. The boards of directors of Terran Orbital and Tailwind Two have approved th...
The federal business of Microsoft (Nasdaq: MSFT) has promoted John McNiff from chief of staff to a vice president position, G2Xchange FedCiv reported Friday. In his new capacity, McNiff will oversee the delivery of software and consulting services, including the Azure cloud portfolio, to national security customers for both enterprise and mission ap...
The State Department has cleared Australia’s request to procure additional Sikorsky-built multirole naval helicopters along with related equipment and support services under a potential $985 million foreign military sales agreement. Australia intends to buy a dozen MH-60R Seahawk units as part of the country’s homeland defense and region...
Mitre executives Wilson Wang and Jay Schnitzer have assumed senior vice president roles at the McLean, Virginia-based nonprofit research company. Wang will continue to serve as chief financial officer with oversight of the company’s financial analytics, enterprise accounting, contracts and pricing, financial planning and analysis and internal audi...
