Shareholders at GS Acquisition Holdings (NYSE: GSAH) voted at a special meeting Tuesday to approve the company’s merger with Mirion Technologies, a provider of anti-radiation equipment to the defense sector. The two companies have set the transaction’s closure date for Wednesday, according to a joint statement. The combined entity will a...
Robert Starr, formerly an executive vice president and chief financial officer at Kaman (NYSE: KAMN), has joined Fairbanks Morse Defense as CFO. FMD CEO George Whittier said in a statement published Tuesday Starr’s experience working with military and commercial clients and ability to manage large companies’ finances will be critical as he share...
Timothy “Tim” McBride, formerly a senior vice president at Raytheon Technologies (NYSE: RTX), will assume the role of president of Singapore-based ST Engineering’s U.S. arm on Nov. 1. He will oversee the operations of ST Engineering North America through the company’s headquarters in Alexandria, Virginia, the company said Monday. “Tim brin...
Keysight Technologies (NYSE: KEYS) has purchased Scalable Network Technologies for an undisclosed sum to broaden its cybersecurity and 5G portfolio with the addition of the latter’s network simulation and modeling platforms. Scalable Network Technologies is a privately held company in Culver City, California, and provides software, simulation and ...
White Hat Capital Partners and Magnetar Capital have agreed to purchase convertible preferred stock from Comtech Telecommunications (Nasdaq: CMTL) under a strategic investment deal with an initial value of $100 million. Comtech said Monday it will use the money to establish broadband technology centers in Arizona and England, pursue new business opp...
CAE USA (NYSE: CAE) has received a potential $37 million contract to develop a system for the National Geospatial-Intelligence Agency to access, process and distribute three-dimensional geospatial information. The company said it will lead the development and integration of a prototype for the Training and Readiness Accelerator-managed Beyond 3D eff...
General Dynamics‘ (NYSE: GD) Electric Boat subsidiary has secured a $269 million contract modification to continue its design, development and lead yard support activities associated with the U.S. Navy’s Virginia-class fast attack submarines. Naval Sea Systems Command will initially obligate $13 million on the sole-source award using fis...
Riverside Research has unveiled an online development and test platform meant to provide application developers access to commercial remote sensing data to support governmental, academic and industry research and development efforts. The Commercial Innovation Center introduced at a symposium in St. Louis is a virtual development platform that enable...
The Department of Defense, NASA and the General Services Administration intend to propose a rule as a potential amendment to the Federal Acquisition Regulation to mitigate the risk of climate change in federal agency procurements. The agencies are considering introducing the rule in accordance with an executive order released in May that seeks to co...
On Thursday the Potomac Officers Club hosted its 7th Annual Intel Summit, a virtual seminar featuring notable government and private sector leaders and executives who gathered to explore the intelligence community’s obstacles, opportunities and future initiatives including AI/ML, data utility and foreign adversary threats. Following DIA Director...
