Arlington, Virginia-based Buchanan & Edwards has acquired cyber services provider RenXTech for an undisclosed sum in a push to expand BE’s footprint across national security programs. BE said Tuesday it will merge the acquired business with the company’s R2C subsidiary to pursue mission support opportunities in the government. RenXTe...
As if being an event organizer isn’t challenging enough, the COVID-19 pandemic happened. The event management industry is one of the countless other businesses heavily impacted by the global pandemic. Live conferences and face-to-face gatherings were brought to a screeching halt and were either postponed or canceled. So to adapt to this sudden cha...
Nick Warner, chief operating officer at SentinelOne (NYSE: S), said federal agencies should look at the potential of artificial intelligence, machine learning and other autonomous capabilities in protecting critical assets and sensitive data of citizens from cyberthreats and accelerating the detection of cyber vulnerabilities. “These automations a...
ExecutiveBiz spoke with Rebecca Cowen-Hirsch, senior vice president of government policy and strategy at Inmarsat, in its most recent Executive Spotlight interview posted Monday. She talked about the company’s growth strategies, the potential use of 5G and internet of things capabilities to develop global networks and the space technology mark...
President Joe Biden has signed into law a $1.2 trillion bipartisan infrastructure bill that will direct cryptocurrency exchanges to notify the Internal Revenue Service of crypto transactions through the 1099-B form, NextAdvisor reported Monday. Crypto investors should bear in mind two things as they comply with the new law: keeping track of what the...
Rocket Lab USA (Nasdaq: RKLB) has agreed to acquire Planetary Systems Corp. in a cash-and-stock transaction to further build up its space systems business and end-to-end offerings across launch and space hardware markets. Rocket Lab said Monday it agreed to pay $42 million in cash and 1,720,841 in shares of common stock to buy PSC...
Palo Alto Networks (NYSE: PANW) has appointed four members to the company’s public sector advisory council to offer their insights into cybersecurity challenges that government and industrial organizations face. The company said Monday its new PSAC members are T.J. White, a retired U.S. Navy vice admiral; Renee Wynn, former chief information o...
BlackSky (NYSE: BKSY) has received a five-year blanket purchase agreement to provide high revisit satellite imaging data in support of NASA’s Earth observation research efforts. “Helping NASA-backed researchers broaden their understanding around critical changes in the Earth’s ecosystems, oceanography, geographic and polar sciences is vitally ...
Mynaric, a Germany-based maker of laser communications systems for government and commercial aerial and spaceborne applications, targeted to raise $75.9 million through an initial public offering of 4 million American depositary shares at a price of $16.50 apiece. Mynaric said Friday it kicked off trading on the Nasdaq Global Select Market under the...
Patrick Shanahan, former acting secretary at the Department of Defense, and 38-year General Electric (NYSE: GE) veteran William Fitzgerald have joined the board of directors at Spirit AeroSystems Holdings (NYSE: SPR). Shanahan, a previous Wash100 inductee, will be part of the audit and compensation committees where he brings leadership experience at...
