Castellum has agreed to acquire government contractor Lexington Solutions Group for an undisclosed sum and expects the transaction to close within the next six weeks. Bethesda, Maryland-based Castellum said Friday the definitive purchase agreement came two months after it signed a letter of intent to buy LSG. Mark Fuller, president and CEO of Castel...
ExecutiveBiz featured Beau Hutto, vice president of federal at Netskope, in its most recent Executive Spotlight interview published Friday. He talked about the company’s platform capabilities in SASE and Security Service Edge and the federal agencies’ potential challenges in implementing zero trust approach to prevent security breaches. ...
Executive Mosaic is pleased to announce Kathleen Hicks, deputy secretary at the Department of Defense, as an inductee into the 2022 Wash100 — an annual list of public and private sector leaders who are at the forefront of trends and events that shape government contracting activity. This marks the second consecutive year that Hicks has been...
The Cybersecurity and Infrastructure Security Agency’s Boyden Rohner, Stuart Kippelman of Parsons and Matthew Swenson of the Department of Homeland Security all convened on Wednesday to speak on the complex facets of cybersecurity and the implications each has on an organization’s information security capabilities in today’s evolving threat en...
Intelsat has secured $6.7 billion in new funds and reduced its debt by more than 50 percent after the satellite operator completed its financial restructuring process. The company said Wednesday its new financing sources are secured notes, a term loan and a revolving credit facility. Under a reorganization plan, Intelsat lowered its debt from about...
Voting for your ranking of the 2022 Wash100 Award winners is in full swing and this week saw an intense round of shifts, skyrocketing favors and tough competition. If you haven’t already, be sure to cast 10 allotted votes on your favorite figures in the GovCon, government and military sectors before the race ends on April...
AE Industrial Partners has agreed to buy a significant stake in Firefly Aerospace from Noosphere Venture Partners for an undisclosed sum to further expand its portfolio of space technology companies. AEI said Thursday Cedar Park, Texas-based Firefly, which develops in-space and launch vehicles for small payloads, closed a round of Series A financing...
Executive Mosaic is honored to present John Zangardi, CEO of Redhorse Corp., as an inductee into the 2022 class of the renowned Wash100 Award. Since 2014, the prestigious distinction has recognized the top 100 most elite executives in the government contracting community for their influence, vision, achievements and impact across the federal landsc...
Gunnison Consulting Group has acquired cybersecurity platforms provider Centerpoint for an undisclosed sum to expand information technology service offerings for the federal government. Gunnison CEO Gil Dussek said in a statement released Thursday the transaction adds cybersecurity skills to the company’s portfolio and the combined organizatio...
Maxar Technologies (NYSE: MAXR) reported $468 million in revenues during the fourth quarter of 2021 and $1.77 billion in consolidated revenues for the full year ended Dec. 31, reflecting an increase of $47 million from the previous year. The Westminster, Colorado-based space technology company said Tuesday the rise in full-year 2021 revenue was driv...
