Private equity firm Godspeed Capital Management has acquired Austin Brockenbrough &d Associates to create a new engineering and consulting business that will serve public and private sector customers. Richmond, Virginia-based Brockenbrough and Prime Engineering, a portfolio company of Godspeed Capital, will merge into a new entity called Prime A...
A joint venture between Aerodyne Industries and KBR Wyle Services has secured a potential five-year, $531 million contract to perform systems engineering work at NASA’s Goddard Space Flight Center in Maryland. Aerodyne-SGT Engineering Services, also known as ASES, will help the agency develop, test and maintain ground and spacelight systems as...
Intel (Nasdaq: INTC) CEO Pat Gelsinger has announced key appointments as the technology company moves to establish two business units and restructure its data platform group into two groups – datacenter and artificial intelligence and network and edge. Greg Lavender, formerly senior vice president and chief technology officer at VMware (NYSE: VMW)...
Washington, D.C.-based investment firm Enlightenment Capital has invested in Fenix Group, a Chantilly, Virginia-based provider of battlefield edge networks and integrated systems, to help the latter advance its growth strategy. “This partnership greatly enhances our ability to drive growth through expansion of our facility footprints in multiple s...
Albert “Al” Stewart, a three-decade government market veteran, has joined Xator as senior vice president for business development. His appointment took effect June 1 and he is responsible for overseeing business growth strategies throughout the corporation, including its family of companies, Xator said. Stewart previously served as director of b...
TYSONS CORNER, VA, June 21, 2021 — KBR (NYSE: KBR) will engineer aircraft technologies and other military platforms for the U.S. Air Force’s 448th Supply Chain Management Wing under a $91.8 million task order, ExecutiveBiz reported June 1. Byron Bright, president of KBR’s government solutions business, said the award gives the company ...
A joint venture between Parsons (NYSE: PSN) and Mobius will provide testing support to the Missile Defense Agency under a potential six-year, $566.67 million contract. Mobius Parsons Solutions beat out another proposer for the cost-plus-fixed-fee, level-of-effort contract via a competitive acquisition process on the SAM website, the Department of De...
Parsons (NYSE: PSN) has won a potential $2.24 billion contract from the Missile Defense Agency for engineering and technical support services. MDA received two offers for the cost-plus-fixed-fee contract through a competitive procurement process and will obligate $36.4 million in research, development, test and evaluation funds for fiscal year 2021,...
Todd Pantezzi, former vice president of business development at Perspecta‘s health group, has joined Customer Value Partners as chief strategy officer. CVP has also promoted Kirthi Anantharam from senior vice president of corporate growth to the chief growth officer position, the business and technology consultancy said Wednesday. Pantezzi bri...
Greg Pelton, most recently the chief product officer of artificial intelligence company Pryon, will join Iridium Communications (Nasdaq: IRDM) to succeed the retiring Hermon Pon as chief technical officer. Pelton will oversee Iridium’s technology development and engineering functions and technical aspects of its product and service offerings, ...
