Space technology developer Intuitive Machines has agreed to go public as part of a planned merger with New York-based blank check company Inflection Point Acquisition Corp. (Nasdaq: IPAX). The combined entity will list securities on the Nasdaq upon completion of the deal and estimates it will exceed $1 billion in pro forma equity value, Intuitive...
Barry Broadus, chief financial officer of ICF, was featured in a recent Executive Spotlight interview published Wednesday. He talked about joining the company and the attributes of its mission that attracted him to the role. The Q&A also tackled ICF’s recent growth initiatives, acquisitions and partnerships aimed at helping the company exp...
Biggs Porter, executive vice president and chief financial officer of Maxar Technologies (NYSE: MAXR), will retire in 2023 and hold a consulting role after his retirement until March 2024 to help with the transition. Maxar said Thursday it has begun its search for Porter’s successor in the CFO role. Dan Jablonsky, president and CEO of...
President Joe Biden has signed an executive order to update the review process of the Committee on Foreign Investment in the U.S. by outlining five additional national security factors that CFIUS should consider when evaluating covered transactions. The EO directs CFIUS to consider the effect of a transaction on the resilience of critical U.S. suppl...
The satellite communications industry — a once-sleepy sector — is indisputably booming right now. With the ubiquity of launch, the skyrocketing growth of commercial infrastructure in space, the exponentially increasing importance of resilient communications and the creeping volatility of the space domain, satellite networks are in the spotlight ...
In the U.S. Army’s exploration of how it can harness 5G networks, security has become of paramount importance. The fifth generation of mobile networks, or 5G, was deployed globally in 2019 and offers major improvements from its predecessors, like lower latency, higher bandwidth and faster connectivity. But as the U.S. military and government...
David Romola, who has served as chief operating officer of Citizant over the past year, has assumed the additional role of president at the Chantilly, Virginia-headquartered information technology services provider. Romola will be responsible for overseeing business integration strategies in his expanded capacity, the company said Monday. He was ele...
Matthew Calderone, chief strategy officer of Booz Allen Hamilton (NYSE: BAH), will take over Lloyd Howell‘s responsibilities as chief financial officer following the latter’s decision to retire from the firm by the end of the year. The incoming CFO will be tasked to help drive Booz Allen’s execution of its Velocity, Leadership and ...
ManTech International announced on Wednesday that the company’s sale to global investment firm Carlyle has been completed. The all-cash acquisition represents a total enterprise value of roughly $4.2 billion. Robert W. Baird & Co. acted as the financial advisor for Carlyle in the transaction. ManTech Chairman, President and CEO Kevin Phi...
Antenna Research Associates has acquired military communications and signal management systems builder SI2 Technologies to create a technology innovation center that will serve defense customers. North Billerica, Massachusetts-based S12 will operate as a wholly owned subsidiary of ARA and the two entities will collaborate across various business ope...
