The commercialization of space has skyrocketed in recent years; the ubiquity of launch, the proliferation of commercial satellites in space and the rise of military activity in the domain has simultaneously accelerated space innovation and increased competition across the globe. For the U.S. government, industry’s growing footprint in space is unl...
Lockheed Martin (NYSE: LMT) will manufacture and deliver a dozen units of the F-16 Block 70 aircraft to Jordan’s royal air force under a finalized agreement between the Middle Eastern country and the U.S. government. Jordan ordered the fighter jets in a move to strengthen defense capabilities and enhance combat readiness and interoperability w...
Thoma Bravo has agreed to acquire digital investigation software developer Magnet Forensics through Morpheus Purchaser, a newly established corporation controlled by the private equity firm, for approximately $1.3 billion. Thoma Bravo said Friday it expects the acquisition to close in the second quarter of 2023, pending approvals by shareholders and...
Tom Hammoor, most recently head of Textron’s (NYSE: TXT) aviation defense segment, has been named president and CEO of Textron Systems. He replaces Lisa Atherton, who will serve as chief operating officer of Textron’s Bell subsidiary, the parent company said Thursday. Hamoor brings to the role nearly four decades of defense industry and military...
DCS subsidiary Infoscitex has promoted Mike Gilkey from vice president and division manager of air and space operations, to executive VP and manager of the entire sector. The company said Thursday that Gilkey will be responsible for its human systems and modeling, simulation and analysis divisions, as well as the sensors and intelligence department....
Photo by Postmodern Studio from Shutterstock.com Turner Construction is the largest contractor in the United States. The company provides general contracting services to various sectors, including healthcare, aviation, residential, and infrastructure. Meet the Turner Construction leaders, founders, and executives here! Turner Construction Executives...
David Streett, former president and chief operating officer of Valkyrie Enterprises, has been promoted to CEO of the Virginia-based technology and engineering services provider. He succeeds Valkyrie Founder Gary Lisota, who will continue to serve as vice chairman with oversight of business development and growth initiatives, the company said Wednesd...
A CAE business unit has won a potential $250 million contract to continue helping U.S. Army and Air Force pilots train to operate fixed-wing aircraft. The Army’s firm-fixed-price award to CAE Defense & Security builds on a training program that began in 2016 and will cover more than 600 aviators every year until 2032, the...
Frank Sturek, former president of SkyePoint Decisions, has been named CEO at Lexington Park, Maryland-based technology and engineering services company Compendium Federal Technology. CFT said Wednesday his appointment comes nearly a week after private equity firm Boathouse Capital acquired the company. Sturek noted CFT’s work to...
Randy Cash, a more than three-decade operational and business development leader in the GovCon industry, has been appointed president and CEO of Axient. He succeeds Patrick Murphy, who has served as chief executive of Axient since 2021. Axient emerged following the rebranding of QuantiTech and its three subsidiaries – Millennium Engineering an...
