Oshkosh’s (NYSE: OSK) defense arm has secured $231.9 million in orders from the U.S. Army to produce modernized heavy tactical vehicles and supply related kits to the military branch. Oshkosh Defense said Monday it will provide new Heavy Expanded Mobility Tactical Truck or HEMTT A4 tankers, Palletized Load System A1s, cargos, wreckers, load handli...
Ben Bloom, founder and previous CEO of Atom Computing, will return to the chief executive role at the Berkeley, California-based quantum computing company. The company said in a July 2 news release that he will again take the helm of Atom Computing after Rob Hays stepped down from the CEO position to pursue other opportunities....
ESCO Technologies (NYSE: ESE) has agreed to purchase Ultra Maritime’s signature management and power business for approximately $550 million as part of efforts to expand its electronics and engineering capabilities in support of customers in the U.S. and U.K. naval defense markets. ESCO said Monday the business will operate as part of its aerospac...
By Joe Paiva, Chief Operating Officer at Fearless The digital divide of the 1990s exacerbated long-standing inequities in our society. As broadband internet and personal computers proliferated, they reached affluent neighborhoods and households first. This left economically disadvantaged communities, disproportionately communities of color, on...
The U.S. Space Force’s Space Systems Command has added Blue Origin and Stoke Space Technologies to the vendor pool of launch providers as part of the second on-ramping process to the fourth iteration of the Orbital Services Program. SSC said Wednesday OSP-4 is a potential $986 million indefinite-delivery/indefinite-quantity contract with an or...
Markon, a Sterling Investment Partners-backed management consultancy focused on supporting federal government missions, has acquired ASEC in a transaction that expands its capabilities to support the missions of Department of Defense and Intelligence Community agency clients. Markon will operate ASEC as an independent subsidiary until it integrates ...
Science Applications International Corp. (NYSE: SAIC) has secured a services delivery order the Department of Veterans Affairs awarded under a potential $205.5 million contract. According to a Federal Procurement Data System posting, VA’s Technology Acquisition Center made a $39.1 million award to SAIC for services with code information techno...
Boston-based J2 Ventures has secured $150 million for its new fund and will use the capital to further invest in technology and health care startups with products that could support military and government agency customers. The venture capital firm said Thursday the oversubscribed Argonne Fund attracted capital from financial institutions, including...
GovCon industry veterans Ron Fehlen and Jeff Schrader announced in separate LinkedIn posts that they have assumed new vice president roles within Lockheed Martin’s (NYSE: LMT) space business. Fehlen will serve as VP of mission architect for national security space at Lockheed Martin Space and Schrader will take on the role of VP of strategy...
Tony DeSimone has been appointed vice president of enterprise engineering at Lockheed Martin (NYSE: LMT). DeSimone announced his new role on LinkedIn, saying that, in this new position, he will be responsible for leading E&T execution across the company’s four business areas as well as its enterprise operations. A defense industry veteran ...
