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SES’ space and defense subsidiary will provide global X-band satcom services to the Department of Defense under a five-year, $134 million blanket purchase agreement. The U.S. Space Force formally awarded the contract to DRS Global Enterprise Solutions, which SES Space & Defense acquired in 2022, the satellite communications company said We...
John Newman, former senior account executive of federal financials at Amazon Web Services, has joined Parasoft as senior vice president of the software testing automation company’s aerospace and government solutions division. He will oversee efforts to build strategic partnerships to help customers adopt artificial intelligence-based tools for...
Michael Tarulli, a senior investment banker at Goldman Sachs Group (NYSE: GS) and a 2023 Wash100 Award recipient, has been appointed a senior managing director at global independent investment banking advisory firm Evercore, Bloomberg Law reported Tuesday. Tarulli has been serving as managing director and global head of aerospace, defense and govern...
Greg Blue, former chief financial officer of Cydecor, has taken on the CFO role at Client Solution Architects and he will be responsible for accounting, budgeting, project control and human resources functions. CSA said Tuesday that Blue’s corporate experience includes work on merger and acquisition transactions, integration processes and ente...
The Department of the Navy has recognized the need for modernization and is working tirelessly to ensure that its forces are properly equipped for today’s constantly evolving battlespace. Informed by both Department of Defense-wide and internal strategies, the DON is taking major steps toward a future-ready fleet. For Rear Adm. Fred...
Michael Garrett, a nearly four-decade U.S. Army veteran, has been appointed to the board of directors at Textron (NYSE: TXT) in a move that takes effect July 1. “His extensive experience in the military and deep understanding of training and deploying U.S. military forces will enable our company to better serve our military customers,” Scott...
Over 10 million shares of Castellum’s (NYSE-American: CTM) common stock traded on Friday as a result of the inclusion of the Bethesda, Maryland-based electronic warfare and cybersecurity services provider into the Russell Microcap Index. “Friday’s activity represents record trading volume for Castellum and helps provide our stockholders wi...
Tamim Aslamy, a more than two-decade defense market veteran, has assumed the chief financial officer role at Raytheon Solipsys, an RTX (NYSE: RTX) subsidiary focused on developing command and control platforms for military and homeland security use. He announced his new role in a LinkedIn post Monday and comes to Solipsys from RTX, where he...
William Ballhaus, a member of Mercury Systems‘ (Nasdaq: MRCY) board of directors since June 2022, has been named interim president and CEO of the Andover, Massachusetts-based defense technology supplier. His appointment was part of a corporate leadership refresh strategy and he will hold the position until a permanent president and CEO is name...
The U.S. Navy’s Flank Speed cloud platform was introduced about two years ago, in May 2021, and has reportedly helped bring about a wave of positive technological change for the service branch. A collaboration with Microsoft 365, Flank Speed has seen the transition of over 530,000 users to its common suite of tools and shared digital...
