Rocket Lab USA (Nasdaq: RKLB) has acquired Advanced Solutions Inc., a Colorado-based space software company, as part of efforts to further build up its space systems business. Long Beach, California-based Rocket Lab said Tuesday it paid $40 million for ASI and will potentially make an additional payment of $5.5 million performance earnout based on r...
Members of Congress want the intelligence community to invest more in commercial technology platforms and share data with the Defense Department as part of the Fiscal Year 2022 Intelligence Authorization Act. On Sept. 30, the House Intelligence Committee passed its version of the bill that authorizes IC spending levels 0.5 percent above the White Ho...
Voyager Space has acquired Valley Tech Systems in a strategy to add propulsion and intelligence, surveillance and reconnaissance technology offerings to the space exploration company’s portfolio. Denver-based Voyager said Monday it aims to apply products from the acquired company to support space missions at the Department of Defense an...
Science Applications International Corp. (NYSE: SAIC) and SupplyCore have each received a $90 million bridge contract from the Defense Logistics Agency to continue the companies’ maintenance, repair and operations support at U.S. military facilities. Both contractors will provide MRO supplies to the U.S. Army, Air Force, Navy, Marine Corps and...
Dynamic Integrated Services has named former General Services Administration executives Dominic Sale and Stacy Riggs as a vice president and senior manager, respectively, within the enterprise optimization practice. Mark Forman, executive vice president for enterprise optimization practice at DIS, said in a statement published Wednesday Sale and Rig...
General Electric‘s (NYSE: GE) aviation subsidiary has secured a nearly $284 million contract with the Defense Logistics Agency to provide helicopter engine supplies to the U.S. Army, Navy and Air Force. The T-700 firm-fixed-price, requirements-type contract has a base performance period of five years and three months, ending on Dec. 31, 2026, ...
Boeing (NYSE: BA) will update as many as five Chinook heavy-lift military cargo helicopters for the U.S. Army under a $391.4 million contract. The military service intends to procure CH-47F renew aircraft through the fixed-price-incentive contract and expects the planemaker to complete work on Sept. 30, 2025, the Department of Defense said Thursday....
James “Hondo” Geurts, formerly assistant secretary of the Navy for research, development and acquisition, has been named to the advisory board of the Silicon Valley Defense Group. “I am excited to join the SVDG team as the organization continues to bridge the gap between the Department of Defense and the technology community,” Geurts, a prev...
Anduril Industries has purchased Copious Imaging for an undisclosed sum to further expand its family of counter-unmanned aircraft systems and force protection platforms with the addition of the latter’s passive sensing technology. Copious Imaging is a Lexington, Massachusetts-based technology company that spun off from MIT’s Lincoln Laboratory i...
Lockheed Martin‘s (NYSE: LMT) aeronautics business has received a $1.1 billion contract modification from Naval Air Systems Command to carry out lot 15 production of F-35 jets. This award calls for the company to deliver six units of the fifth-generation aircraft to the U.S. Marine Corps and another 10 to the U.S. Air Force, the...
