Shareholders at Aerojet Rocketdyne (NYSE: AJRD) have approved a proposed agreement to sell the company to L3Harris Technologies (NYSE: LHX) and both parties expect the transaction to close in 2023, pending receipt of regulatory clearances and satisfaction of other customary closing conditions. Aerojet said Thursday 99.7 percent of the votes cast at...
John “JD” Parkes grew up attending defense trade shows with his father, who was a legacy Kodak commercial and government systems executive, so he’s always had an inherent understanding of the government contracting landscape. After Parkes earned an image science degree at the Rochester Institute of Technology, he immediately began a career ser...
David McKeown, senior information security officer and deputy chief information officer for cybersecurity at the Department of Defense, became the latest government official to be inducted into the 2023 edition of the Wash100. McKeown’s first selection to receive the Wash100 Award from Executive Mosaic reflects his leadership in DOD-wide effor...
Recent technological advancements have drastically altered the way the U.S. military operates in the modern battlespace, which holds a growing number of threats to the nation’s information advantage. To keep up with the rapid nature of modern technology transformation and maintain battlefield superiority, welcoming change and the opportunities it ...
Eighteen companies have won spots on a nine-year, $960 million U.S. Air Force contract to assist the Department of Defense and its partner nation agencies in combatting various security threats across the globe. USAF’s Air Combat Command Acquisition Management and Integration Center received 75 proposals for the Counter-Narcotics and Global Th...
Los Angeles-based Nexus Capital Management has acquired Aviation Ground Equipment Corp. for an undisclosed sum and will integrate AGEC as a new entity within HDT Global. Established in 1984, AGEC is a veteran-owned business that manufactures ground-based and shipboard ground power units, portable universal load banks and other aviation ground suppor...
The commercial space company of Sierra Nevada Corp. has appointed former Boeing (NYSE: BA) executive Tim Keating as chief strategy officer and senior vice president of global government operations. In his new role, Keating will lead the recently-established strategy and government affairs organization at Sierra Space, the SNC subsidiary said Tuesday...
President Joe Biden’s budget request for fiscal year 2024 includes $74.4 billion for federal civilian information technology programs, nearly $11 billion of which will be allocated to the Department of Veterans Affairs, according to a report from Deltek’s GovWin federal market analysis team. The report, published Monday, provides initial...
Firefly Aerospace has secured a $112 million contract to help NASA deploy one satellite and two payloads sometime in 2026 as part of the agency’s Commercial Lunar Payload Services initiative. The Texas-based space transportation builder will be responsible for integrating and delivering payloads from Earth to the moon’s surface and orbit...
Emerging trends and developments across the global defense landscape have catalyzed a shift within the United States toward new strategies, new technologies and refocused priorities. With factors such as the Russia-Ukraine conflict, the commercialization of space and the looming peer and near-peer threat, U.S. defense leaders are rethinking what the...
