TCOM has acquired Equinox Innovative Systems, a Columbia, Maryland-based manufacturer of multi-rotor unmanned aerial vehicles, in a transaction aimed at expanding the former’s technology offerings to include tethered and untethered drone systems. The financial terms of the deal were not disclosed and TCOM said Tuesday that Equinox will bring a...
Dana Barnes is an artificial intelligence-focused executive who leads the federal government business at the successful start-up Dataminr. He has been awarded the 2024 Wash100 Award for his significant contributions to the government contracting industry and accepted the plaque at an in-person meeting with award founder and Executive Mosaic CEO ...
Alexandria, Virginia-headquartered small business Edgesource has acquired Newbrook Solutions, a Chantilly, Virginia-based provider of software development services to defense and intelligence agencies. Newbrook brings a team of security-cleared experts in service management, software engineering, process engineering and systems engineering and techn...
National Geospatial-Intelligence Agency Director Vice Admiral Frank Whitworth has been named to Executive Mosaic’s prestigious 2024 Wash100 list in recognition of his GEOINT leadership and his work spearheading space and intelligence innovation efforts. This marks VADM Whitworth’s third consecutive Wash100 Award. Vote for Frank Whitworth to wi...
The security of our supply chain has become top-of-mind for government officials, especially since the onset of the COVID-19 pandemic. And for companies that deal with hardware procurement, supply chain security is more important than ever, as threats in this area continue to rise. Jennifer Kauffman, chief operating officer at CyberCore Technologies...
QinetiQ Group’s U.S. subsidiary has expanded its executive leadership team with the promotion of Buck Elton to senior vice president and general manager of the defense modernization business unit and the appointment of Brendan Hess as VP of operational excellence. Elton will succeed the retiring Steve Iwicki and oversee expansion efforts in data, ...
New York-based private equity firm OceanSound Partners has closed a single-asset continuation fund worth approximately $1.15 billion in connection with the divestment of its portfolio company, SMX Group. Apollo S3 serves as the lead investor in the continuation fund, which will provide incremental capital and enable OceanSound to support SMX’s acq...
General Electric‘s (NYSE: GE) aerospace business has started trading on the New York Stock Exchange as a separate entity under the ticker symbol “GE” following the completion of the spin-off of GE Vernova, which comprises the company’s energy businesses. GE Aerospace is headed by Chairman and CEO Lawrence Culp and has approxi...
The Honorable Doug Bush, assistant secretary of the Army for acquisition, logistics and technology, has been confirmed to speak at the Potomac Officers Club’s 9th Annual Army Summit on June 13. Each year, the Annual Army Summit brings together top Army officials and industry experts to explore the near- and long-term challenges and priorities sha...
Tom Terjesen, an information technology industry leader, has returned to Peraton as senior vice president and chief information officer. In this capacity, he will oversee the implementation of Peraton’s IT strategy to drive growth initiatives and meet operational, employee experience and financial objectives and serve as a senior IT adviser to the...
