ESCO Technologies (NYSE: ESE) has agreed to purchase Ultra Maritime’s signature management and power business for approximately $550 million as part of efforts to expand its electronics and engineering capabilities in support of customers in the U.S. and U.K. naval defense markets. ESCO said Monday the business will operate as part of its aerospac...
The U.S. Air Force is exploring a wide range of new technologies and strategies to revolutionize the way it operates on the modern battlefield. To drive progress in its many ongoing initiatives – such as reoptimizing for great power competition, developing novel systems for the Next Generation Air Dominance program and advancing Air Force Secretar...
By Joe Paiva, Chief Operating Officer at Fearless The digital divide of the 1990s exacerbated long-standing inequities in our society. As broadband internet and personal computers proliferated, they reached affluent neighborhoods and households first. This left economically disadvantaged communities, disproportionately communities of color, on...
Markon, a Sterling Investment Partners-backed management consultancy focused on supporting federal government missions, has acquired ASEC in a transaction that expands its capabilities to support the missions of Department of Defense and Intelligence Community agency clients. Markon will operate ASEC as an independent subsidiary until it integrates ...
Boston-based J2 Ventures has secured $150 million for its new fund and will use the capital to further invest in technology and health care startups with products that could support military and government agency customers. The venture capital firm said Thursday the oversubscribed Argonne Fund attracted capital from financial institutions, including...
GovCon industry veterans Ron Fehlen and Jeff Schrader announced in separate LinkedIn posts that they have assumed new vice president roles within Lockheed Martin’s (NYSE: LMT) space business. Fehlen will serve as VP of mission architect for national security space at Lockheed Martin Space and Schrader will take on the role of VP of strategy...
Thoma Bravo has acquired Everbridge, a Massachusetts-based critical event management and national public warning software provider, for approximately $1.8 billion, or $35.00 in cash per share. Everbridge will cease trading on the Nasdaq stock exchange as part of the deal, which secured approval from the company’s stockholders in late April, Th...
Cybersecurity company SIXGEN has acquired Secure Enterprise Engineering as part of a push to expand its software offerings, client relationships and technical talent needed to accelerate the delivery of cyber capabilities to digital warfighters in support of national security missions. SIXGEN said Tuesday it expects the acquisition to expand its sof...
The U.S. Air Force has awarded Sierra Nevada Corp. a $400 million indefinite-delivery/indefinite-quantity contract to provide airborne mission networking system kits for the service branch’s MC-130 aircraft fleet. Sierra Nevada will also perform contractor logistics support, engineering services, program management and field service representa...
Amentum has appointed Nathan Rutledge, a finance executive with deep experience in building relationships with the investment community, as senior vice president and head of investor relations. In this capacity, Rutledge will oversee the company’s financial performance, business model and long-term strategy and all investor relations activities re...
