Slingshot Aerospace has purchased Numerica’s space domain awareness division and Seradata for an undisclosed sum as part of efforts to further advance space sustainability by delivering space traffic coordination and space situational awareness platforms to launch providers and satellite operators. The SDA division of Numerica brings to Slingshot ...
5G, the fifth generation of wireless networking, shook the communications world when it was deployed in 2019. With increased bandwidth, faster speeds and lower latency, 5G opened a new world of connectivity across a wide range of mission areas for the federal government. Now, the intelligence community is eyeing 5G capabilities, and industry leader...
The State Department has approved Saudi Arabia’s request to purchase Patriot missile interceptors and related equipment from the U.S. government under a potential $3.05 billion foreign military sales contract. Raytheon Technologies (NYSE: RTX) will serve as the prime contractor to deliver 300 Patriot MIM-104E Guidance Enhanced Missile-Tactical...
Jeremy Ross, a more than two-decade GovCon industry veteran, has joined SilverEdge Government Solutions as chief growth officer. He will oversee SilverEdge’s business development efforts, go-to-market strategy and organic growth initiatives within the defense and intelligence communities, the company said Tuesday. SilverEdge CEO Robert Miller said...
Booz Allen Hamilton (NYSE: BAH) recorded a 13.1 percent jump in sales for the first quarter of its 2023 fiscal year to $2.25 billion and attributed the revenue increase primarily to a 28 percent growth in its civil business. The McLean, Virginia-based technology and management consulting services contractor said Friday net income attributable to com...
Lockheed Martin (NYSE: LMT) has increased the size of its $200 million venture capital fund to $400 million as the company looks to expand startup investments aimed at helping accelerate defense innovation. Chris Moran, vice president and general manager of Lockheed Martin Ventures, said in a statement released Tuesday the fund vetted over 1,000 sta...
Scott Greene, executive vice president of the missiles and fire control business segment at Lockheed Martin (NYSE: LMT), plans to retire from the company by Dec. 31 after a more than 41-year career. Greene will continue to run the MFC business until a successor is found and then serve as a strategic adviser to help...
A partnership between L3Harris Technologies (NYSE: LHX) and Air Tractor has won a potential $3 billion indefinite-quantity/indefinite-delivery contract to build a fleet of up to 75 fixed-wing aircraft for U.S. Special Operations Command. L3Harris said Monday the industry team will provide its single-engine Sky Warden platform to SOCOM’s Armed ...
John Adamo, director of energy business development and capture at Redhorse over the past year, has been elevated to the position of vice president for energy and environment. The U.S. Marine Corps Reserve major is responsible for helping expand the company’s offerings and growth channels in the federal sector, Redhorse said Monday. John Zanga...
Mike Twyman, former president of Cubic‘s mission solutions business and previous Wash100 Award recipient, has joined financial advisory firm FON as entrepreneur-in-residence. FON said Monday Twyman will drive the creation and implementation of business strategies to advance organic and inorganic growth for its segment focused on command, contr...
