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Boston-based Advent International has agreed to purchase Maxar Technologies (NYSE: MAXR) in an all-cash transaction worth approximately $6.4 billion, including debt, that will take the satellite imagery contractor private, the two companies said Friday. The $53-a-share price of the deal is a premium of 129 percent to Maxar’s Thursday closing o...

Westminster, Colorado-based Maxar Technologies (NYSE: MAXR) has acquired Wovenware, an artificial intelligence and software development company, for an undisclosed sum as part of a push to expand its AI, 3D data production, software engineering and machine learning capabilities. Wovenware Co-Founders Christian Gonzalez and Carlos Melendez will conti...

Biggs Porter, executive vice president and chief financial officer of Maxar Technologies (NYSE: MAXR), will retire in 2023 and hold a consulting role after his retirement until March 2024 to help with the transition. Maxar said Thursday it has begun its search for Porter’s successor in the CFO role. Dan Jablonsky, president and CEO of...

Christopher Worley, vice president of DoD Earth Intelligence Programs for Maxar, was featured in a recent Executive Spotlight interview published Friday. He talked about the company’s recent award from the National Reconnaissance Office and other growth initiatives related to working with the U.S. defense and intelligence communities. The Q&am...

The space divisions of Lockheed Martin (NYSE: LMT) and Maxar Technologies (NYSE: MAXR) have received 10-month contracts to study spacecraft designs for the National Oceanic and Atmospheric Administration’s Geostationary Extended Observations program with NASA. NASA awarded $5 million to each contractor to conduct concept development and technology...

Mercury Systems (Nasdaq: MRCY) has added GovCon industry veterans Howard Lance and Bill Ballhaus to its board of directors as part of cooperation agreements the defense and aerospace technology provider reached with two investors Mercury said Friday the agreements with Jana Partners and Starboard Value called for the temporary expansion of its board...

Maxar Technologies (NYSE: MAXR) has secured a potential 10-year, $3.24 billion contract to provide commercial satellite imagery to the National Reconnaissance Office in support of U.S. defense and intelligence community missions. The Electro-Optical Commercial Layer contract is intended to help NRO continue to meet imagery acquisition requirements t...

Maxar Technologies (NYSE: MAXR) reported $468 million in revenues during the fourth quarter of 2021 and $1.77 billion in consolidated revenues for the full year ended Dec. 31, reflecting an increase of $47 million from the previous year. The Westminster, Colorado-based space technology company said Tuesday the rise in full-year 2021 revenue was driv...