Sierra Nevada has received a potential 12-year, $991.3 million contract from the U.S. Army to serve as the lead systems integrator for the military branch’s High Accuracy Detection and Exploitation System. The Army said Thursday that HADES is the service’s future long-range aircraft that will support aerial intelligence, surveillance and rec...
On Aug. 15, the Potomac Officers Club will give you the chance to hear from top Navy officials and industry leaders at the 2024 Navy Summit! This event will host an elite lineup of experts who will come together to explore the ways in which the Department of the Navy is modernizing to tackle today’s challenges...
By Amy Hilbert, executive vice president of government solutions at Casepoint A compromised password can lead to identity theft, a phishing attack can disrupt a major corporation’s operations and a ransomware attack can paralyze an entire industry for days. The importance of cybersecurity and the consequences of a data breach are widely understood...
A report by financial services company Raymond James (NYSE: RJF) indicates that 79 mergers and acquisitions occurred in the defense and government market during the second quarter of 2024, a 6.7 percent increase from the prior-year period. The June report was issued by Raymond James’ defense and government investment banking team, where 2024 W...
A report by financial services company Raymond James (NYSE: RJF) shows that there were 76 mergers and acquisitions in the defense and space industry during the first quarter of 2024, a 55 percent increase from the same period the previous year and a 31 percent rise from the previous quarter. Defense and Space M&A Activity...
Aerostar International, a part of TCOM’s portfolio of aerospace and defense companies, has purchased Near Space for an undisclosed sum as part of efforts to broaden its set of products and services, advance innovation and expand its presence in the aerospace and defense sector. Near Space performs high-altitude flight testing, runs the Johnson Nea...
Lockheed Martin is a multinational aerospace, defense, and technology corporation well-known for its state-of-the-art contributions to space exploration and national security. With more than a century of experience, it has made a name as a pioneer in cutting-edge technological solutions that influence the direction of the aerospace and defense indus...
Telos (Nasdaq: TLS) recorded $41.1 million in revenue during the fourth quarter of 2023 and logged full-year revenue of $145.4 million. The Ashburn, Virginia-based information technology and cybersecurity company said Friday Q4 cash flow from operations was $5 million and its free cash flow in the previous quarter hit $1.8 million. “I am pleas...
Since we last spoke to Redhorse CEO and two-time Wash100 Award winner John Zangardi in January of 2023, the company has enjoyed growth, meeting and exceeding expectations. Zangardi told GovCon Wire he has spent a lot of time “cementing [his] all-star leadership team,” capped off by the recent hire of Accenture Federal Services and Novetta...
In October, the Department of Defense announced its intent to publish its first National Defense Industrial Strategy to lay out its plans for investment in the defense industrial base. According to Laura-Taylor Kale, assistant secretary of defense for industrial base policy, the strategy will center five key areas: creating resilient ...
