Atlantic Diving Supply has won a five-year, $100 million contract from the Defense Logistics Agency to deliver patient monitoring technology, associated accessories and training support to military and federal civilian customers. DLA selected ADS from 54 responses the agency received as part of a competitive acquisition process for the firm‐fixed...
Dallas-based communications technology company COMSovereign Holding (Nasdaq: COMS) has acquired Israel-based aerial rotorcraft developer Sky Sapience in a $12.7 million deal that combines $2.7 million in cash and 2.55 million in stock. Sky Sapience offers the HoverMast tethered drone product line for airborne wireless network deployment, big event m...
Spire Global, a space-based data and analytics provider headquartered in San Francisco, is set to go public through a merger agreement with NavSight Holdings (NYSE: NSH) as part of a push to advance growth strategy, product development, sales and marketing efforts. The boards of directors of both companies unanimously approved the proposed transacti...
Doug Wagoner, president and CEO of LMI, has received a 2021 Wash100 Award, the most significant award in all of government contracting (GovCon), to recognize his leadership and vision to drive LMI’s revenue and growth strategy during the COVID-19 pandemic. Previously, Wagoner received his first Wash100 Award in 2015 for his contributions to the Go...
Jane Chappell, a former Raytheon executive, has been appointed CEO of Altamira Technologies. Her addition to Altamira’s executive team will continue to drive its expertise in space, missile defense, cyber domains and many other critical areas, the company said Friday. “Jane’s executive leadership and lifelong commitment to the national securit...
Stephen Passuth, a more than three-decade government services industry veteran, has joined Reston, Virginia-based information technology company Converged Security Solutions (CSS) as chief financial officer. He will oversee financial, treasury and accounting functions at CSS along with its Evolver and eVigilant brands, the company said Monday. Passu...
TYSONS CORNER, VA, March 1, 2021 — Anthony Robbins, president of Nvidia‘s (Nasdaq: NVDA) North American public sector business, pointed to predictive maintenance and humanitarian assistance as examples of artificial intelligence applications at the Department of Defense, ExecutiveBiz reported Feb. 17. Robbins, a 2021 Wash100 awardee, told Fe...
Huntington Ingalls Industries (NYSE: HII) has secured a $213.9 million follow-on contract with the U.S. Navy to perform life cycle engineering services for San Antonio-class amphibious transport docks. HII said Friday its Ingalls Shipbuilding division in Pascagoula, Mississippi, will help the military branch manage engineering changes, integrate sys...
The U.S. subsidiary of Italy-based aerospace and defense conglomerate Leonardo has filed with the Securities and Exchange Commission a registration statement for its planned initial public offering. Leonardo DRS plans to list a minority stake of its common shares on the New York Stock Exchange using the ticker symbol “DRS” through the IPO, which...
Small satellite launch services provider Rocket Lab is close to finalizing an estimated $4.1 billion agreement with a Vector Capital-backed special purpose acquisition company to merge operations, The Wall Street Journal reported Sunday. Rocket Lab would go public if the company combines with Vector Acquisition (Nasdaq: VACQ), which the former expec...
