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Executive Mosaic is pleased to present Rick Ambrose, executive vice president of the space business segment at Lockheed Martin, as a recipient of the 2021 Wash100 Award for his significant contributions to the federal sector, space domain and his drive to advance spacecraft development and other space tech capabilities. For the sixth year, Ambrose h...

Cubic (NYSE: CUB) has received an unsolicited offer from Singapore-based ST Engineering to buy the San Diego-based company’s outstanding stock for $76 in cash per share.  Cubic said Monday the latest proposal would be “superior” to a buyout offer from Veritas Capital and Evergreen Coast Capital, an affiliate of Elliott Investment Manageme...

Lockheed Martin‘s (NYSE: LMT) Sikorsky subsidiary will engineer, analyze and test H-60 Black Hawk utility helicopters for the U.S. Army under a five-year, $90.7 million contract. The cost-plus-fixed-fee contract also covers technical support for the H-60 military transport aircraft product line, the Department of Defense said Monday. Army Cont...

The rapid growth of military and commercial space industries requires Space agencies to develop innovative solutions to support critical space and defense missions. The Department of Defense (DOD) and the U.S. Space Force intend to maintain space superiority and provide space capabilities to U.S. and allied forces through ambitious missions and part...

The Internal Revenue Service is seeking information on potential sources that could provide information technology capabilities and services for its IT application development office. The IRS plans to award a potential seven-year, $2.6 billion task order using a best-in-class, governmentwide acquisition contract in support of the Enterprise Developm...

Teledyne Technologies (NYSE: TDY) has finalized all permanent financing to execute its proposed acquisition of imaging sensors developer FLIR Systems (NYSE: FLIR) after closing an offering of five series of notes for an aggregate principal amount of $3 billion. Teledyne said Tuesday its anticipates the weighted average borrowing cost to be less than...

Executive Mosaic is honored to present Paul Dillahay, president and CEO of NCI Information Systems, as a recipient of the 2021 Wash100 Award, the most prestigious award in all of government contracting (GovCon). This marks the third overall Wash100 Award for Dillahay and his second straight since 2020. For his previous 2020 Wash100 Award win,...

CGI (NYSE: GIB) has promoted 25-year company veteran Stephanie Mango to serve as president of the Montreal-based company’s federal services subsidiary. She succeeds Tim Hurlebaus, who has led CGI Federal over the past six years and is a four-time recipient of the Wash100 Award, and will be responsible for the subsidiary’s work with U.S. ...

Jennifer Santos, a former Department of Defense official with more than 23 years of professional experience, has been named principal director of strategic initiatives within Charles Stark Draper Laboratory’s national security and space business. She will manage teams that aim to support national security missions through the development of techno...