Terran Orbital (NYSE: LLAP) began trading common stock and warrants on the New York Stock Exchange Monday as a result of the Boca Raton, Florida-based small satellite builder’s merger with special purpose acquisition company Tailwind Two. The newly public company said Monday its revenue backlog sits at more than $200 million and will work to...
Small satellite builder Terran Orbital has completed its merger with Tailwind Two Acquisition Corp. and the combination raised $255.4 million in gross proceeds via the transaction. Tailwind Two said Friday the combined entity will operate under the name Terran Orbital and officially go public Monday on the New York Stock Exchange. “The capital rai...
Arcfield has appointed Lori Becker, former chief financial officer of Sierra Nevada Corp., to the CFO position and named Mike Smith, a 23-year U.S. Secret Service veteran, chief security officer of the Chantilly, Virginia-based systems engineering and integration contractor. Both newly appointed executives will report to Arcfield Chairman and CEO Ke...
Intelligence analysis and cybersecurity company Daybreak is set to merge business operations with geospatial analytics firm Azimuth1 at the start of March. Manik Rath, a former executive at LMI and Alion Science and Technology, will serve as CEO of the combined entity named Daybreak LLC, the company said Monday. Jason Dalton, founder and CEO of...
Joseph Dunford, a retired U.S. Marine Corps general and senior managing director at Liberty Strategic Capital, has joined the board of directors of Satellogic (Nasdaq: SATL). “Drawing on his distinguished career as a national security leader, General Dunford will offer invaluable perspective and insight as Satellogic works to unlock high-resolutio...
Executive Mosaic is thrilled to introduce Jean Stack, managing director for Baird, as a winner of the 2022 Wash100 Award, the most respected award in all of government contracting (GovCon), for her leadership and success to drive significant company growth as well as more than $7 billion in M&A activity deals across the GovCon sector...
Government contracting is an industry where businesses and contractors are left wondering where to start due to its opaque procedures and overwhelming amount of information. That said, we’ve provided frequently asked questions and basic knowledge you need to know about the government contracting, or GovCon, industry. 1. What Are Examples of Go...
Northrop Grumman (NYSE: NOC) and a Global Ordnance division will compete for orders under a potential $750 million contract to supply special ammunition and weapons systems to the U.S. Army. The service branch’s procurement organization received 10 bids for the firm-fixed-price contract through an online solicitation, the Department of Defense...
Torch.AI has acquired data extraction software company B23 for an undisclosed sum and announced the appointment of Brad Kolarov, founder and managing partner at B23, as a vice president. “The acquisition of B23 expands our current work supporting the U.S. Navy in extraordinary ways,” Brian Weaver, chairman and CEO of Torch.AI, said in a statemen...
During Tuesday’s Fostering Resilient, All-of-Nation Pandemic Response event, hosted by the Potomac Officers Club, notable leaders from the federal health, military and business sectors discussed how we can leverage knowledge gained through early and current COVID-19 response efforts to better prepare the nation and its citizens for future biologi...
