Teledyne Technologies has agreed to buy select aerospace and defense electronics businesses of Excelitas Technologies for approximately $710 million in cash as part of efforts to expand its tech offerings. According to a joint release published Wednesday, both parties expect the transaction to close in early 2025, subject to regulatory approvals and...
Sandra Stuessel was appointed vice president of integrated supply chain at Veritas Capital portfolio company Frontgrade Technologies, according to the executive’s announcement via LinkedIn on Tuesday. Stuessel brings to the Colorado-based provider of analog and radiation hardened technologies for aerospace and defense customers over two decade...
BWX Technologies has agreed to acquire L3Harris Technologies’ Aerojet Ordnance Tennessee business for $100 million. The Virginia-headquartered nuclear and metal components provider said Monday the purchase of AOT will strengthen its capacity to develop products for commercial, military and space customers. The transaction is expected to close befo...
V2X presented its third quarter 2024 results that showed strong program performance and business momentum. Jeremy Wensinger, president and CEO of V2X, said in a press release Monday, “V2X reported strong third-quarter results with record revenue, net income, and adjusted EBITDA, driven by our continued alignment to well-funded critical missions an...
Todd Akers, a sales executive with more than 25 years of experience in driving growth and building teams in the public sector, was named senior vice president of federal sales at Primer.ai. The artificial intelligence company said in a LinkedIn post Monday Akers previously led transformative initiatives and increased revenue at Appian. Akers most re...
Mitch Icard, former vice president of space and advanced technologies at Teledyne Brown Engineering, has joined Spectral Energies as chief operating officer. The executive announced the appointment in a LinkedIn post Monday. Icard has a combined 15 years at Teledyne. He initially worked as director of finance and administration for Teledyne Energy S...
John Mengucci, president and CEO of CACI International and a five-time Wash100 Award recipient, was appointed as vice chair of Clarkson University’s Board of Trustees. He was elected to the board in October 2019. In a Friday announcement, Clarkson University highlighted Mengucci’s roles aside from being the Board of Trustees’ vice ...
HII’s Mission Technologies division has received a potential $3 billion task order from the Department of Defense to provide logistics and intelligence, surveillance and reconnaissance, or ISR, support to help improve joint force capabilities. LOGIX Task Order The McLean, Virginia-based company said Thursday the Logistics Services, ISR Operations ...
ECS has won a potential six-year, $528 million task order from the Cybersecurity and Infrastructure Security Agency’s Continuous Diagnostics and Mitigation, or CDM, Program Office for data services and integration support. CDM Data Services Task Order The federal IT systems integrator said Thursday it will design, build and deliver a platform desi...
Parsons, a technology-focused firm and federal government contractor, reported record revenues, earnings and other milestones in the third quarter of 2024. In a statement released Wednesday, Carey Smith, chair, president and CEO of Parsons, said, “We delivered record third-quarter results for total revenue, organic revenue growth, net income, ...
