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Virgin Orbit is set to kick off trading Thursday, Dec. 30, on Nasdaq after it completed its merger with blank check company NextGen Acquisition Corp. II (Nasdaq: NGCA). Shareholders at special purpose acquisition company NextGen approved the business combination on Tuesday and the combined entity will operate as Virgin Orbit Holdings and list its co...

Officials from the U.S. Air Force and Space Force are scheduled to deliver keynote addresses at GovCon Wire’s Space Acquisition Forum on Jan. 19 to give their perspectives on the importance of technology investments for the military to maintain dominance in the space domain. Brig. Gen. Steve Whitney One of the speakers is Brig. Gen....

Robert Carey, president of Cloudera’s government solutions business, said agencies seeking to advance their capability to deliver on missions should understand the importance of connecting cloud, data management and artificial intelligence strategies. “By linking all three efforts, the government can leap ahead in terms of efficiency and effecti...

Greg Wenzel, an executive vice president at Booz Allen Hamilton and a previous Wash100 awardee, was featured in the most recent Executive Spotlight interview with ExecutiveBiz on Tuesday. He tackled the company’s second quarter results and growth strategy, and talked about new market opportunities for customers, the Department of Defense’...

Shareholders at blank check company NextGen Acquisition Corp. II (Nasdaq: NGCA) approved Tuesday the proposed merger with Virgin Orbit and both parties expect the transaction to close before the end of December. The combined entity will adopt the name Virgin Orbit Holdings and trade on Nasdaq under the ticker symbol “VORB” upon closing of the...

Lockheed Martin (NYSE: LMT) has received a one-year, $492.7 million contract modification to provide logistics support for F-35 aircraft systems that have been delivered to U.S. military and foreign military sales customers. The award to Lockheed’s aeronautics segment covers work to operate and maintain an automatic logistics information syste...

A $770 billion defense policy bill that President Joe Biden signed into law Monday requires the Department of Defense to come up with a digital health strategy for distributed ledgers and other emerging technology, The Block reported Tuesday. The fiscal year 2022 National Defense Authorization Act directs the DOD secretary to find ways to incorporat...

TYSONS CORNER, VA, Dec. 28, 2021 — LMI will help the Department of Defense’s artificial intelligence-focused arm migrate data on military weapon systems and equipment from the company-built Maintenance and Availability Data Warehouse to the Advana enterprise platform as part of a 1-year, $1.5 million contract award, ExecutiveBiz reported Dec...

A Bechtel subsidiary will continue to manufacture naval nuclear propulsion components for the U.S. Navy under a pair of contract modifications worth $872 million combined. Naval Sea Systems Command will obligate to Bechtel Plant Machinery Inc. the full amount of the first award totaling nearly $622 million, the Department of Defense said Monday. The...