TYSONS CORNER, VA, May 12, 2021 — The U.S. Navy used General Atomics-built MQ-9A Block 5 and MQ-9B SeaGuardian remotely piloted aircraft to demonstrate teaming between manned and unmanned military platforms at the U.S. Pacific Fleet’s Unmanned Integrated Battle Problem 21 exercise, ExecutiveBiz reported April 29. “We successfully demonstra...
Nicholas Speece of Snowflake (NYSE: SNOW) and Vishal Kapur of Deloitte Consulting said government agencies need a modern data architecture that uses cloud and artificial intelligence to facilitate data management and help glean insights from large volumes of data and unstructured content. Snowflake has combined its Data Cloud and collaboration platf...
Codan, an Australia-based communications technology developer, has completed its acquisition of Zetron, a mission-critical integrated communications systems manufacturer headquartered in Redmond, Washington, for an undisclosed sum. Zetron will be merged with Codan Communications’ critical communications business as part of the transaction’s comp...
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...
Arlington Capital Partners has launched a new company after the private equity firm completed its purchase of the composites business and three aerostructure fabrication facilities from Triumph Group (NYSE: TGI). Both parties first announced the transaction in August 2020 and ACP said Monday that Pete Wick, who most recently led Triumph Group’...
Four U.S. military branches have placed orders worth more than $70 million for FLIR Systems‘ (Nasdaq: FLIR) Centaur ground robots and associated equipment. The Army, Navy, Air Force and Marine Corps ordered around 600 units of the medium-sized Centaur unmanned ground vehicle intended for explosive ordnance disposal missions, FLIR said Monday.&...
Kathleen Hicks, deputy secretary of the Department of Defense and a 2021 Wash100 Award winner, issued a memorandum that seeks to ensure U.S. competitive advantage by turning DOD into a data-centric organization, DOD News reported Monday. The May 5 memo with the subject Creating Data Advantage calls for the Pentagon to implement five data decrees,...
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 ...
TYSONS CORNER, VA, May 7, 2021 — Kratos Defense & Security Solutions (Nasdaq: KTOS) will continue ground technology support for national security space missions after the company received $30 million in follow-on contracts from unnamed customers, ExecutiveBiz reported April 22. “Space is undergoing a renaissance,” said Phil Carrai, pre...
Anto Tossounian of ServiceNow (NYSE: NOW) and Brian Fogg of General Dynamics’ (NYSE: GD) information technology business said their companies have partnered to help government agencies deliver digital services as part of efforts to modernize the customer experience. “Through our partnership, we can offer advanced cloud-based managed services for...
