Phantom Space has acquired Tucson, Arizona-based flight hardware developer StratSpace for an undisclosed sum in a move to expand satellite launch and data infrastructure offerings. Phantom said Tuesday it aims to offer daily space access by integrating the company’s Daytona and Laguna rocket platforms with core StratSpace technology assets. St...
Michael Bradshaw, an information technology industry leader, has been named chief information officer of Kyndryl, an independent managed infrastructure services provider spinning out of IBM (NYSE: IBM). He previously served as executive vice president and CIO at NBC Universal, where he led the company’s global IT operations, strategy, applications...
T-Rex Solutions has promoted Cathy Lerche from her post as human resources director to chief people officer, responsible for leading the information technology company’s people operations and creating a workforce culture to promote quality, professional development and empowerment. Lerche will work to enable a more employee-oriented culture th...
Tina Dolph, president and chief executive officer of Siemens Government Technologies (SGT), was presented her 2021 Wash100 Award, her third time winning the most prestigious award in all of government contracting (GovCon), by Executive Mosaic CEO Jim Garrettson during a recent visit to SGT. “After more than 18 years with Lockheed Martin, Tina Dolp...
The State Department has approved Canada’s request to buy from the U.S. government the Aegis Combat System built by Lockheed Martin (NYSE: LMT) and associated equipment through a potential $1.7 billion foreign military sales deal. Lockheed’s rotary and mission systems unit will be the primary contractor on the proposed sale of four Aegis...
Digital signal processing technology licensor Ceva has entered into a $33 million cash acquisition deal for Marlborough, Massachusetts-based chip development company Intrinsix in a strategy to expand into semiconductor market verticals. Ceva said Monday it aims to create a turnkey intellectual property platform for smart sensing and wireless connect...
A Capstone Partners report shows that mergers and acquisitions in defense electronics, space and command, control, communications, computers, intelligence, surveillance and reconnaissance markets reached over 70 transactions in 2020, exceeding the deal volume recorded in 2017, 2018 and 2019. The report attributed the year-over-year increase in deal ...
NEC Corporation of America has launched a new subsidiary that will offer biometric identity, machine learning, computer vision and artificial intelligence applications to the homeland security, defense, intelligence and law enforcement sectors. Benji Hutchinson, an industry veteran and a biometrics and AI leader, will lead NEC National Security Solu...
Raytheon Technologies’ (NYSE: RTX) intelligence and space business has received a potential $234 million contract from the U.S. Space Force to update Blocks 1 and 2 of the GPS Next-Generation Operational Control System to facilitate the integration of GPS Block III Follow-on satellite capabilities. The Space and Missile Systems Center obligated $2...
Private equity firm Greenbriar Equity Group has purchased aircraft components supplier PCX Aerosystems for an undisclosed sum as the latter completed its acquisition of the Senior Aerospace Connecticut business from global manufacturing and engineering company Senior plc. PCX said Monday it produces flight systems for rotorcraft and fixed-wing platf...
