Dan Fermon, interim chief operating officer at Firefly Aerospace since May, has been appointed to the COO position on a full-time basis. He will continue to oversee a range of business operations at the Texas-based space transportation company including the production of the Alpha rocket for future launch missions and the establishment of the Propul...
Leidos (NYSE: LDOS) posted $164 million in net income and diluted earnings per share of $1.17 in the third quarter of fiscal year 2022 and saw its revenue rise 4 percent to $3.6 billion for that period. The company attributed the sales growth to increased deployments on the Defense Healthcare Management System Modernization program, ramp-up...
Xage Security will collaborate with Four Inc. to bring zero trust offerings to the federal government under an aggregation partnership between the two companies. Four will distribute Xage’s security platforms and services through a channel network, NASA’s Solutions for Enterprise-Wide Procurement V contract and the U.S. Army’s Informat...
Boecore, a portfolio company of private investment firm Enlightenment Capital, has purchased space systems provider Ascension Engineering Group for an undisclosed sum. AEG is a service-disabled veteran-owned small business founded in 2017 and provides satellite communications engineering platforms for NASA, the U.S. Army, U.S. Space Force, other def...
Kuwait seeks to procure a medium-range air defense system from the U.S. government through a potential $3 billion foreign military sales transaction cleared by the State Department. Raytheon Technologies (NYSE: RTX), which produces the National Advanced Surface-To-Air Missile System in partnership with Norwegian company Kongsberg, will be the main c...
ColdQuanta has appointed Laura Hale, a space technology market veteran, as vice president of government programs and made three other appointments to its leadership team. Hale brings an extensive background in multidomain program and product management and systems engineering to her new position, the quantum technology company said Monday. Chris Woo...
The Defense Information Systems Agency has awarded Iron Bow Technologies a potential five-year, $743 million contract to provide software support services to the Department of Defense’s Fourth Estate agencies. The 4th Estate Cisco Software Enterprise Agreement has three support areas and the first one is the Global Enterprise Modernization Softwar...
Accenture’s (NYSE: ACN) federal arm has promoted Keith Runtz and Vanessa Godshalk to respectively oversee the company’s defense and safety and citizen services portfolios. Runtz succeeds Vince Vlasho, who most recently served as a senior managing director and defense portfolio lead at Accenture Federal Services. Vlasho, a 2022 Wash100 awardee, r...
Space technology developer Intuitive Machines has agreed to go public as part of a planned merger with New York-based blank check company Inflection Point Acquisition Corp. (Nasdaq: IPAX). The combined entity will list securities on the Nasdaq upon completion of the deal and estimates it will exceed $1 billion in pro forma equity value, Intuitive...
The satellite communications industry — a once-sleepy sector — is indisputably booming right now. With the ubiquity of launch, the skyrocketing growth of commercial infrastructure in space, the exponentially increasing importance of resilient communications and the creeping volatility of the space domain, satellite networks are in the spotlight ...
