Chris Young, a 26-year veteran of Austal, has been elevated to the vice president of production operations role at the Australian shipbuilder’s U.S. subsidiary. He has supported design-build efforts at Austal USA for the construction of Independence-variant Littoral Combat Ship and Expeditionary Fast Transport vessels over the course of his ca...
The U.K. government has approved the planned merger between Viasat (Nasdaq: VSAT) and British satellite services provider Inmarsat following the completion of an in-depth review. In November 2021, Viasat agreed to acquire Inmarsat in a cash-and-stock transaction valued at approximately $3.9 billion as part of efforts to provide a global hybrid netwo...
Charles Anderson, a retired U.S. Army major general with more than four decades of combined military and industry experience, has been appointed vice president and general manager of VSE’s (Nasdaq: VSEC) government-focused subsidiary. VSE announced Anderson’s appointment one week after the aftermarket services provider moved to sell its ...
An HII (NYSE: HII) business unit will help the U.S. Army Research Laboratory develop, test and evaluate defense systems under a five-year, $94 million task order. HII Mission Technologies will conduct R&D of sensors, weapons and other combat systems for use by mission partners of the Department of Defense, the company said Monday. The parent...
Boecore, an Enlightenment Capital portfolio company, has purchased San Diego-based information system security technology provider La Jolla Logic in a strategy to offer a comprehensive suite of products and services designed to help customers defend against cyber threats. The deal provides Boecore with new offerings and access to additional governme...
Culmen International, a technical and management support provider in counter-weapons of mass destruction, border security and international development areas, has acquired Maryland-based Vysnova Partners. Vysnova Partners provides professional support services across the areas of public and global health, translational research and development, geos...
Since the 1980s, the United States has been pivoting along an ever-evolving tract of developing technologies to protect against and respond to adversarial missile attacks. The Missile Defense Agency (once the Strategic Defense Initiative Organization and the Ballistic Missile Defense Organization) aims to be agile in its stance toward threats from r...
Lockheed Martin (NYSE: LMT) has booked a five-year, $1.44 billion contract from the U.S. Navy to continue developing warfighting capabilities for the F-35 program. The company will develop Multiship Infrared Search and Track Increment 2, Electronic Warfare Band 2/5 Radar Warning Receiver, Beyond Line of Sight communications and Modernized Countermea...
Leidos (NYSE: LDOS) reported $3.7 in sales for the first quarter of 2023 and attributed the 6 percent revenue spike to year-over-year growth in the company’s defense, civil and health business segments. The Reston, Virginia-based company said Tuesday net income for the January-to-March period was $164 million and total backlog stood in t...
Space is at its largest inflection point in decades, and as commercial space activity continues to rise, United States government leaders are taking a page from industry’s book on how to drive more rapid innovation, especially in the face of increasing global competition. While technology and acquisition processes are typically at the center of th...
