SpaceX has developed into a major contractor supporting U.S. military and intelligence agencies, demonstrating the need of national security organizations for commercial partners that could quickly develop and launch classified satellites. The Elon Musk-founded rocket company received a potential $1.8 billion classified contract from the U.S. govern...
KBR (NYSE: KBR) presented strong fourth quarter and full year 2023 results. In Q4 and full year, revenue increased 7.6 percent and 6 percent year-over-year to $1.73 billion and $6.95 billion. Besides reporting solid results, the provider of science, technology and engineering products and services to governments and industry clients shared its finan...
High Point Aerotechnologies, a portfolio company of private investment firm Highlander Partners, has acquired Flex Force Enterprises for an undisclosed amount as part of a push to expand its portfolio of counter-unmanned aircraft systems and broaden its footprint in the drone security market. Portland, Oregon-based Flex Force is the maker of the Dro...
Jim Fritz, a business development and technology industry leader, has joined SRI International as senior vice president of federal and strategic program development. He announced the move in a LinkedIn post published Tuesday. In this capacity, Fritz will oversee strategy and business development for the California-based nonprofit research and develo...
Rocket Lab USA (Nasdaq: RKLB) will receive $120 million in equipment financing from Trinity Capital (Nasdaq: TRIN), a provider of venture debt financing to venture capital-backed companies. The new debt facility will be used to support Rocket Lab’s expansion plans and finance the procurement of testing equipment and development of additional m...
Robin Braun, a technology executive with over two decades of industry experience, has been named vice president of artificial intelligence and data strategy at Government Acquisitions, Inc. She will lead the development and delivery of advanced AI and data analytics technologies tailored to government customers’ mission requirements and help d...
Accenture Federal Services CEO John Goodman is being honored by Executive Mosaic for the seventh time with the 2024 Wash100 Award for his leadership of the company’s initiatives to help government agencies strengthen their information security infrastructure. Vote for Goodman as your favorite GovCon leader as part of the 2024 Wash100 popular vote ...
The Potomac Officers Club’s symposium on all things space domain is fast-approaching: the 5th Annual Space Summit will be held on March 5 at the Hilton-McLean in Virginia. At the event, the U.S. government’s most formidable space agency leaders will give the audience exclusive insight into where their priorities lie for the year ahead, which tr...
BAE Systems has completed its purchase of Ball‘s (NYSE: BALL) aerospace business for approximately $5.5 billion. In August, BAE agreed to buy Ball Aerospace as part of the U.K.-based defense contractor’s efforts to accelerate its space market strategy and expand its technology offerings for the U.S. government. The completion of the deal...
By Kevin Plexico, Senior Vice President of Information Solutions at Deltek The government contracting market is a challenging and competitive space. With U.S. elections, evolving policies and funding uncertainty, 2024 will be especially competitive. To succeed, companies need a strategic approach that anticipates key trends and positions them to bea...
