An investment affiliate of J.F. Lehman & Co. has purchased an L3Harris Technologies (NYSE: LHX) division that manufactures radio frequency and microwave technologies for both defense and commercial applications. The private equity firm said Tuesday it bought Narda-MITEQ division assets that were part of L3Harris’ aviation systems segment a...
Chuck Hicks, chief operating officer and chief financial officer at NCI, was featured in the most recent Executive Spotlight interview with ExecutiveBiz on Monday. He talked about fostering partnerships and NCI’s growth through contract awards, the technological innovation and AI implementation challenges as well as the company’s accompl...
Shareholders at special purpose acquisition company GigCapital4 approved Friday the proposed combination with BigBear.ai and both parties expect the transaction to close Tuesday, Dec. 7. The combined entity will operate as BigBear.ai Holdings and is set to list its common stock and warrants on the New York Stock Exchange using the ticker symbols “...
Satellite imagery provider Planet Labs expects to complete its pending merger with dMY Technology Group (NYSE: DMYQ) on Tuesday and receive post-closure proceeds of approximately $590 million. Shareholders at the special purpose acquisition company voted Friday to approve the combination of the two companies, which will subsequently do business as P...
Jennie Reilly, an executive with two decades of human resources experience, has joined Comtech Telecommunications (Nasdaq: CMTL) to serve as vice president of HR and drive the communications technology company’s talent strategy implementation and other related initiatives. Reilly, whose appointment will be effective Dec. 13, previously worked ...
Christie Thomas, vice president of contracts and pricing at Huntington Ingalls Industries’ (NYSE: HII) Newport News Shipbuilding division since 2018, has been appointed to serve as corporate vice president of investor relations starting Jan. 1. She will succeed Dwayne Blake, who will retire at the start of 2022 after nine years in the job, the...
Joey Hoskins, most recently the director of business development at BWX Technologies (NYSE: BWXT), has been elevated to a vice president position. He succeeds Mark Barth, who was appointed business manager for a BWXT-led joint venture that won the Department of Energy’s $21 billion Savannah River Site Integrated Mission Completion Contract in ...
Information technology provider CDW (Nasdaq: CDW) has closed its approximately $2.5 billion cash purchase of Sirius Computer Solutions from private investment firm Clayton, Dubilier & Rice. CDW said Thursday it expects the transaction to help grow the company’s IT portfolio for the government and business enterprise sectors in the areas of...
Northrop Grumman, Blue Origin and Nanoracks have received contracts worth $415.6 million combined from NASA to design space-based facilities for low Earth orbit. The Space Act Agreements come as the agency is looking to retire the International Space Station and transition to newer commercially developed facilities that could be accessible to both p...
Eddie Morris, a nearly 25-year veteran of NCI Information Systems, has been named vice president of strategic pricing and profitability at Arlington, Virginia-based technology services provider Excella. He will be responsible for ensuring that Excella’s artificial intelligence and agile transformation service offerings are appropriate and alig...
