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Relativity Space has received its first contract from the Department of Defense to deploy a small military satellite to orbit using the company’s 3D-printed Terran 1 rocket. The Defense Innovation Unit issued the award as part of the department’s Space Test Program Rapid Agile Launch Initiative, which seeks commercial low-Earth orbit pl...

Italy-based aerospace and defense conglomerate Leonardo intends to offer 31.9 million shares of its U.S. subsidiary’s common stock at $20 to $22 apiece through an 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, the...

The State Department has approved Germany’s request to procure five Boeing-built (NYSE: BA) P-8A Poseidon maritime surveillance planes from the U.S. government through a potential $1.77 billion foreign military sale transaction. The German government asked to buy P-8As to replace its current fleet of Lockheed Martin-made (NYSE: LMT) P-3C Orion...

Zachary Lemnios and Terry Halvorsen of IBM (NYSE: IBM) said the company has led the development of a marketplace in a hybrid cloud environment meant to secure the development and production of microelectronics for the Department of Defense and commercial industry. IBM established the Marketplace for Advanced, Rapid, Quantifiably-assured, Trusted Sem...

Executive Mosaic, the leading provider in connecting, promoting and branding government and government contracting (GovCon) executives of consequence, announced on Friday that CAES CEO Michael Kahn had received the second Wash100 Award of his 40 plus-year federal career. Visit ExecutiveBiz to read Michael Kahn’s full 2021 Wash100 Award profile. To...

SEAKR Engineering has won a two-year, $60.5 million contract to further develop supercomputing processing hardware in the next phases of a Defense Advanced Research Projects Agency program aiming to integrate commercial technology into small military satellites. DARPA will initially obligate $8.06 million to the Centennial, Colorado-based space elec...

TYSONS CORNER, VA, March 15, 2021 — Ensco will provide a range of support services to the Federal Railroad Administration-owned Transportation Technology Center in Pueblo, Colorado, under a Department of Transportation contract worth potentially $571 million over 20 years, ExecutiveBiz reported Tuesday. The company said March 8 it expects to compl...