Germany is set to initiate a foreign military sales process with the U.S. government to buy five Boeing-built (NYSE: BA) maritime surveillance planes for approximately $1.3 billion. The German defense ministry said Thursday it chose the P-8A Poseidon aircraft platform to address a capability gap that arose following the completion of its P-3C Orion ...
Client Solution Architects, a provider of digital transformation services to the Department of Defense and other federal government clients, has purchased Capstone for an undisclosed sum as part of efforts to expand its portfolio and footprint in the federal information technology services market. CSA said Thursday the combined company is expected t...
Roger Krone, chairman and CEO of Leidos, received his 2021 Wash100 Award, the most coveted award in all of government contracting (GovCon), from Executive Mosaic CEO Jim Garrettson on Monday. With this year’s honor, Krone has received his eighth consecutive Wash100 Award, the most in the award’s highly prestigious history. As the only GovCon exe...
Jeffrey Huth, vice president of TransUnion Public Sector, acted as moderator for an expert panel discussion during the Potomac Officers Club’s Trusted Workforce Forum on June 30th. The following panelist discussed private partnership in the era of artificial intelligence and machine learning, featuring Heather Green of Defense Counterintelli...
Boeing (NYSE: BA) has announced the appointment of Brian West, a finance and business leader, as executive vice president and chief financial officer and the election of Stayce Harris, a retired U.S. Air Force Reserve lieutenant general, to the company’s board of directors. West will officially assume the EVP and CFO roles on Aug. 27...
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 ...
