Gladstone Investment has completed its acquisition of Ricardo Defense, adding the latter to its growing portfolio of businesses. The private equity fund said Thursday it funded the transaction with equity and senior secured debt. In December, Gladstone Investment and Proteus Enterprises signed a definitive agreement to buy Ricardo Defense. Christoph...
Avion Solutions has acquired Tennessee Valley Research Group, or TVRG, to expand its ability to deliver innovative technologies and services to customers across the Department of Defense. Avion said Thursday TVRG brings to the company its programmatic and technical expertise in tactical ballistic missile targets, laser technology systems and hyperso...
The federal landscape is constantly shifting due to technological breakthroughs, modernization needs, leadership change-overs and emerging priorities. This is never more true than at the beginning of a new presidential administration, and 2025 is sure to be a transformational and pivotal year in determining how the remainder of this decade and beyon...
The U.S. Army has awarded spots on a $249 million contract to 12 companies that will compete for orders of architect and engineering services. Army Architect-Engineering Services Contract The Department of Defense said Monday the selected companies include EAS WSP Joint Venture, HDR Environmental Operations & Construction, Leidos, Marstel-Day,...
Steve Kutchi has been elevated to vice president of engineering and chief technology officer at Thales Defense & Security Inc., the executive shared on LinkedIn Wednesday. In his dual role, Kutchi will oversee TDSI’s technology strategy, product design and development and all engineering services, including engineering labs...
Peraton‘s space and intelligence sector secured over $250 million in contracts during the final quarter of 2024 to support the federal government’s classified programs. The company said Monday the classified contracts supported various government programs critical to national security and public safety. “We are proud to play a role in strength...
Brian Nunes has been appointed vice president of security products at General Dynamics Mission Systems, the executive announced on LinkedIn Sunday. The new VP brings over 17 years of experience in emerging network technologies, technical leadership and customer relations to his new role. Nunes is knowledgeable in designing and managing joi...
American Rheinmetall has named Rob Selle, a nearly three-decade product development executive, as vice president of program management and product support. Selle announced his new position in a LinkedIn post published Sunday. Rob Selle’s Industry Background According to his LinkedIn profile, he joined American Rheinmetall from U.S. vehicle man...
The State Department has approved the two foreign military sale requests of the Taipei Economic and Cultural Representative Office in the United States for military communication systems and naval artillery systems enhancement valued at $265 million and $30 million, respectively. The Defense Security Cooperation Agency said it notified Con...
The Federal Aviation Administration has selected Noblis as the prime contractor for the unrestricted track of the potential 10-year, $709 million Air Traffic Engineering and Program Support, or ATEPS, II contract. Noblis said Thursday the ATEPS II indefinite-delivery/indefinite-quantity contract has a two-year base term and four two-year options and...
