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Private equity firm Branford Castle Partners has acquired Hoffman Engineering from Trident Maritime Systems, a portfolio company of J.F. Lehman & Co.’s investment affiliates for an undisclosed sum. “This decision to divest Hoffman enables Trident to streamline our solution offerings and focus on driving continued growth in our core maritime ...
BWX Technologies has agreed to acquire L3Harris Technologies’ Aerojet Ordnance Tennessee business for $100 million. The Virginia-headquartered nuclear and metal components provider said Monday the purchase of AOT will strengthen its capacity to develop products for commercial, military and space customers. The transaction is expected to close befo...
Kellen Schollaert, director of strategy and enablement at Penlink, said artificial intelligence-powered open source intelligence, or OSINT, tools could help analysts at government agencies quickly detect emerging threats and rapidly glean insights from vast amounts of data to speed up decision-making and support missions. In an article published on ...
Among other responsibilities, U.S. Customs and Border Protection is charged with maintaining and strengthening physical borders with Mexico (a total of 1,900 miles) and Canada (more than 5,000 miles), as well as 95,000 miles of shore. CBP team members conduct activities across a spectrum of inspection, intelligence analysis, examination and law...
V2X presented its third quarter 2024 results that showed strong program performance and business momentum. Jeremy Wensinger, president and CEO of V2X, said in a press release Monday, “V2X reported strong third-quarter results with record revenue, net income, and adjusted EBITDA, driven by our continued alignment to well-funded critical missions an...
Todd Akers, a sales executive with more than 25 years of experience in driving growth and building teams in the public sector, was named senior vice president of federal sales at Primer.ai. The artificial intelligence company said in a LinkedIn post Monday Akers previously led transformative initiatives and increased revenue at Appian. Akers most re...
Mitch Icard, former vice president of space and advanced technologies at Teledyne Brown Engineering, has joined Spectral Energies as chief operating officer. The executive announced the appointment in a LinkedIn post Monday. Icard has a combined 15 years at Teledyne. He initially worked as director of finance and administration for Teledyne Energy S...
Private equity firms H.I.G. Capital and Thoma Bravo have agreed to acquire CompTIA‘s brand, IT certification and training business and products. According to a joint release published Monday, H.I.G. and Thoma Bravo will own and operate CompTIA as a for-profit company and expect the transaction to close in early 2025, subject to regulatory appr...
Odyssey Systems Consulting Group has secured a U.S. Air Force contract worth $531 million contract to provide advisory and assistance services for the branch’s Program Executive Officer for Intelligence, Surveillance, Reconnaissance and Special Operations Forces over a five-year period. The company said Monday it will perform specialty enginee...
The U.S. Navy has awarded Kongsberg’s defense and aerospace business segment a $329 million contract to provide medium caliber turret systems for the U.S. Marine Corps ACV-30 amphibious combat vehicles. The Department of Defense said Monday the firm-fixed-price contract covers Lots 5 and 6 full-rate production of 175 Protector Remote Turret 20...
