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NuScale Power will begin trading Tuesday, May 3, on the New York Stock Exchange after it completed its merger with blank check company Spring Valley Acquisition (Nasdaq: SV) that was first announced in December. Shareholders at special purpose acquisition company Spring Valley approved the business combination Thursday and the combined entity will o...
The Department of Veterans Affairs is working to move past its tendency to “take orders” and instead shift towards a vision-driven approach as the department makes progress on its overarching modernization goals. “Inside the VA, as a government bureaucracy, our IT shop has an embedded DNA of taking orders, trying to meet those needs for...
Houston-based Bristow Group (NYSE: VTOL) has agreed to buy British International Helicopter Services for an undisclosed sum as part of efforts to further build up its government services business. Vertical flight platforms provider Bristow said Friday it expects the all-cash transaction to conclude in the third quarter of 2022, pending regulatory ap...
Momentus (Nasdaq: MNTS) has secured a Federal Communications Commission license to use radio frequencies to support communications for the first launch of its Vigoride orbital transfer vehicle. The FCC consulted with other government agencies to authorize Momentus to use radio frequencies to communicate with the spacecraft following its upcoming May...
Wash100 Popular Vote Closes April 30; DOD CIO John Sherman on Future Defense Priorities; Navy Awards $1B Financial Services IDIQ; Red Hat Expands Public Sector Team; Q&A With Bill Downer of Seagate Government Solutions. Click to Unmute...
NASA has awarded approximately $95 million in contracts to 110 small businesses to continue to develop technologies as part of the second phase of a program meant to support space exploration, aerospace ecosystem and other missions. Each Phase II awardees under the Small Business Innovation Research program will get up to $750,000 to build and...
In a recent Executive Spotlight interview, ExecutiveBiz spoke with Bill Downer, vice president of national programs for the government solutions business of Seagate, to talk about the U.S. initiatives to rebuild and strengthen its manufacturing sector, including the use of robotics, artificial intelligence and other emerging technologies to address ...
Courtney Bromley, former general manager of the government and education industry at IBM‘s (NYSE: IBM) federal and public sector market, has been appointed CEO of Voyager Labs’ U.S. subsidiary Voyager Analytics. Voyager Labs said Wednesday Bromley will be responsible for helping drive the company’s growth initiatives across the gov...
The National Geospatial-Intelligence Agency is shifting its workflow approach and prioritizing speed to close its pacing gap with other global powers in today’s rapidly changing geopolitical environment, according to NGA Chief Information Officer Mark Andress. “We’re moving away from a Continental U.S.-first, human-initiated, point-to-poin...
Ocean Bay Information and Systems Management has won a potential five-year, $155.6 million contract to provide administrative, professional and technical support services for the Drug Enforcement Administration. DEA’s office of acquisition and relocation management awarded the contract through a competitive solicitation set aside for 8(a)-certifie...
