The proposed combination of Santa Clara, California-based in-space transportation services provider Momentus and Stable Road Acquisition (Nasdaq: SRAC), a special purpose acquisition company, is now valued at approximately $700 million under an amended merger agreement that reflects changes in Momentus’ launch schedule. Momentus said Wednesday its...
Lockheed Martin (NYSE: LMT) has won Switzerland’s fighter aircraft competition to provide the F-35 platform along with training and sustainment support services to the Swiss air force. The Bethesda, Maryland-based contractor said Wednesday that Swiss companies can take part in research, development, manufacturing and maintenance efforts associ...
OpenGate Capital has wrapped up its $200 million acquisition of the ScioTeq and Treality Simulation Visual Systems businesses from TransDigm Group (NYSE: TDG). TransDigm first announced in March the transaction to sell its two units that offer visualization platforms intended for defense, security and air traffic control applications. The Cleveland-...
Thomas Ayres, former U.S. Air Force general counsel who oversaw the legislation that created the Space Force, has been named chief legal officer and general counsel of Voyager Space Holdings. The Denver-based company said Tuesday that Ayres’ appointment is another of Voyager’s major staff announcements that include Jim Bridenstine, former NASA a...
Consulting firm McAleese & Associates has released a report on key takeaways from the meetings of President Joe Biden and Lloyd Austin, secretary of the Department of Defense and a 2021 Wash100 Award winner, with Afghanistan President Ashraf Ghani. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, reported that ...
Thales Group has agreed to acquire a Moog business unit that manufactures radio beacons, antennas and other ground-based navigational aids intended for military and civilian use. Financial terms of the deal were not disclosed and Thales said Tuesday it aims to offer a comprehensive navigation technology product and maintenance service through the ac...
Michael Jensen, a two-decade U.S. Air Force special tactics veteran, has been named as chief strategy officer of Shreveport, Louisiana-based aircraft manufacturer SkyRunner. The retired USAF lieutenant colonel will be responsible for overseeing strategic partnerships as part of SkyRunner’s global defense strategy and optimizing the warfighting...
Executive Mosaic CEO Jim Garrettson presented the eighth consecutive Wash100 Award to Roger Krone, chairman and CEO of Leidos, during a recent visit on Monday to Leidos’ office in Reston, VA. In the highly prestigious eight-year history of the Wash100 Award, Krone is the only executive to receive the highest honor in government contracting (GovCon...
James Ward, vice president of regulated industries at Talkdesk, said agencies seeking to transform the contact center to improve the citizen experience while allowing agents to handle more complex requests should consider adopting cloud technology powered by artificial intelligence, machine learning and analytics. “Moving systems and processes int...
Noble Supply and Logistics, a small business headquartered in Massachusetts, has won a potential $263.4 million contract to supply weapon hardware and spare parts to four U.S. military branches. The Defense Logistics Agency received two responses via a competitive acquisition process for the fixed-price, indefinite-delivery/indefinite-quantity contr...
