Comtech Telecommunications (Nasdaq: CMTL) has formed two business units in North America to explore market opportunities in the region for satellite ground stations and expand work with U.S. and allied governments. Daniel Gizinski, who has held senior management roles at Comtech since 2019, will serve as president of the U.S.-based subsidiary that w...
Torch.AI has acquired data extraction software company B23 for an undisclosed sum and announced the appointment of Brad Kolarov, founder and managing partner at B23, as a vice president. “The acquisition of B23 expands our current work supporting the U.S. Navy in extraordinary ways,” Brian Weaver, chairman and CEO of Torch.AI, said in a statemen...
The federal government’s effort in mobilizing more government contractors in recent years to help the nation move forward from the COVID-19 pandemic sets a favorable precedent for the professionals in the industry. With this consistent rise of the trajectory and the government’s planned reforms to level the playing field for small bus...
Boeing (NYSE: BA) has announced financial results for the fourth quarter and its full 2021 fiscal year ended Dec. 31, 2021. The Chicago-based aerospace and defense contractor said its full-year revenue increased 7 percent from 2020 figures to $62.3 billion and sales declined 3 percent for the quarter to $14.8 billion from the prior year...
Executive Mosaic is honored to present Roger Krone, chairman and CEO of Leidos, as a recipient of the 2022 Wash100 Award and the only nine-time winner of the most prestigious award in all of government contracting (GovCon). “Roger Krone is the winningest member of the GovCon community,” said Jim Garrettson, CEO of Executive Mosaic and...
CACI International (NYSE: CACI) has acquired ID Technologies from investment firm The Acacia Group for approximately $225 million as part of efforts to expand its secure network modernization capabilities in support of Department of Defense, Intelligence Community and federal civilian agency customers. ID Technologies is an Ashburn, Virginia-based p...
Satellogic, which aims to provide geospatial data to the government and commercial sectors, went public Wednesday following the completion of the satellite imagery provider’s merger with a Cantor Fitzgerald-backed special purpose acquisition company. The combination with CF Acquisition Corp. V, which was first announced in July 2021, would bri...
Dan Fisher, president of Ball Corp. (NYSE: BLL), will officially assume the additional role of CEO when the company’s shareholders hold their annual general meeting on April 27. He will succeed John Hayes, who has held the top post at the corporation since 2011 and will continue to serve as chairman of the board of...
Blue Origin has agreed to acquire advanced robotics manufacturer Honeybee Robotics from technology conglomerate Ensign-Bickford Industries for an undisclosed amount. Once the deal is completed in mid-February, Honeybee will operate as a wholly owned subsidiary of Blue Origin while retaining its brands, leadership team, offerings and business process...
Federal Advisory Partners, a Sagewind Capital portfolio company, has purchased Favor TechConsulting for an undisclosed sum to further advance the delivery of information technology and integrated management consulting support to federal sector clients. Tim Borchert, CEO of Federal Advisory Partners, said in a statement published Tuesday the two comp...
