Planet Labs, an Earth imagery provider to the government and business sectors, has agreed to join forces with special acquisition purpose company dMY Technology Group (NYSE: DMYQ) in a merger deal that would take the satellite operator public and give it a post-transaction equity value of $2.8 billion. San Franciso-based Planet said Wednesday it mai...
Huntington Ingalls Industries (NYSE: HII) has agreed to buy Alion Science and Technology from Veritas Capital for approximately $1.65 billion in cash as part of a push to expand its technical capabilities and portfolio of national security platforms. HII said Tuesday it expects the transaction to conclude in the second half of 2021 and help...
Omega Optical Holdings has purchased Spectral Systems, a decades-old infrared optical supplier headquartered in Hopewell Junction, New York, to expand its precision optics portfolio. The acquisition aligns with Omega’s goal of serving customers in aerospace, defense, industrial technology and other high-growth markets, the company s...
“Technology innovation is the battlefield of today.” Amid the pandemic, the Department of Air Force indicated in its fiscal 2019/2020 Acquisition Biennial Report how it developed innovative strategies to carry on with its missions and integrate digital engineering into its operations. From executing the pioneer end-to-end demonstration of the Ad...
The Defense Advanced Research Projects Agency has selected three teams of researchers led by BAE Systems, Northrop Grumman (NYSE: NOC) and Raytheon Technologies (NYSE: RTX) to produce low-latency, low-power, event-based infrared cameras as part of the Fast Event-based Neuromorphic Camera and Electronics program. “Event-based cameras operate under ...
As the role of information technology (IT) grows throughout the federal government, the U.S. Air Force wants to streamline and optimize its acquisition process through digital transformation. The service branch is currently working to incorporate digital engineering, agile software development and open system architectures to achieve its acquisition...
Kyndryl, an independent managed infrastructure services provider spinning out of IBM (NYSE: IBM), has announced the members of its senior leadership team, operating model and global structure as it works to deliver mission-critical technical capabilities and support customers’ digital transformation efforts. Rick Ruiz, a veteran sales and technolo...
NASA has started its formal solicitation for a new round of commercial services to conduct human landing system maturation and risk reduction work to help inform future routine crewed transportation from lunar orbit to the moon’s surface. The agency said Thursday it will award milestone-based contracts worth up to $45 million to each company t...
The State Department has approved a $445 million foreign military sale of heavy tactical vehicles, manufactured by Oshkosh‘s (NYSE: OSK) defense segment, to the Kuwaiti government. The order is for 517 Heavy Expanded Mobility Tactical Trucks and Heavy Equipment Transporters to support cargo transport, vehicle recovery and resupply operations b...
Valiant Integrated Services has acquired Norfolk, Virginia-based Alliance Technical Services for an undisclosed sum in a move to expand logistics support work in the government sector. Valiant said Thursday it also looks to grow its customer base in the missile launch refurbishment and modernization segments through the acquisition. Dan Corbett, CEO...
