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 ...
A Raytheon Technologies (NYSE: RTX) subsidiary has secured a two-year, $182 million contract from the U.S. Army to provide a ground-based air defense system to Ukraine as part of a military aid package. The Department of Defense obligated the full amount to procure National Advanced Surface-to-Air Missile Systems using fiscal 2022 Ukraine Security A...
Bechtel Corporation is an American procurement, project, and construction management firm founded in San Francisco, California, in 1898. The Bechtel group headquarters are in Reston, Virginia, after it relocated to the Washington D.C. area in 2018. It is the largest construction company in the U.S. and offers primary services, including finance, tun...
Lunar lander maker Astrobotic Technology has agreed to make a stalking-horse offer for “substantially all” of the assets of Masten Space Systems, SpaceNews reported Tuesday. Astrobotic’s $4.2 million bid for Masten’s assets includes a SpaceX launch credit valued at approximately $14 million and the agreement does not preclude Masten from sol...
