Rocket Lab USA (Nasdaq: RKLB) has agreed to acquire Planetary Systems Corp. in a cash-and-stock transaction to further build up its space systems business and end-to-end offerings across launch and space hardware markets. Rocket Lab said Monday it agreed to pay $42 million in cash and 1,720,841 in shares of common stock to buy PSC...
Mike Kushin, executive vice president and general manager of Information Warfare – High Consequence Missions at Parsons, was featured in the most recent Executive Spotlight interview with ExecutiveBiz on Friday. He talked about the transition from Blackhorse to Parsons, the establishment of its Information Warfare sector, recent contract award win...
BlackSky (NYSE: BKSY) has received a five-year blanket purchase agreement to provide high revisit satellite imaging data in support of NASA’s Earth observation research efforts. “Helping NASA-backed researchers broaden their understanding around critical changes in the Earth’s ecosystems, oceanography, geographic and polar sciences is vitally ...
Extreme weather events continue to increase in frequency and severity on a global scale, and climate change is gaining greater importance across federal government agencies’ priorities and concerns. According to the National Oceanic and Atmospheric Administration’s National Centers for Environmental Information, the U.S. has experienced at least...
BAE Systems has agreed to acquire Bohemia Interactive Simulations for an undisclosed amount in a move to expand training products and services for the defense sector. Orlando, Florida-headquartered BISim has more than 325 employees worldwide and offers game-based software platforms built to support military readiness programs, BAE said Thursday. DLA...
TYSONS CORNER, VA, Nov. 10, 2021 — BlueHalo is seeking to market counter-unmanned aerial system platforms in addition to its directed energy and perimeter security offerings following the Arlington Capital Partners portfolio company’s acquisition of San Diego-based cUAS developer Citadel Defense, ExecutiveBiz reported Monday. “The comb...
Kathleen Hicks, deputy secretary of the Department of Defense and a 2021 Wash100 Award winner, said that DOD created an adaptation plan and a risk analysis document to comply with the White House’s executive order for all agencies to take action on climate change, DOD News reported Tuesday. “These reports will help guide the department...
General Electric (NYSE: GE) has announced plans to separate into three independent public companies focused on aviation, health care and energy sectors through tax-free spinoffs. The Boston-based industrial conglomerate said Tuesday it will spin off its GE Healthcare business in early 2023 and keep a 19.9 percent stake in the health care company upo...
Viasat (Nasdaq: VSAT) has agreed to purchase British satellite services provider Inmarsat for approximately $3.9 billion in cash and stock in a strategy to offer a global hybrid network for government and enterprise communications. Carlsbad, California-based Viasat will assume $3.4 billion in Inmarsat’s net debt, bringing the total transaction...
The Department of the Treasury’s office of foreign assets control issued guidance in October to promote compliance with sanctions requirements and due diligence best practices in the virtual currency industry. OFAC said technology companies, miners, wallet providers, exchangers, administrators and other operators in the virtual currency industry p...
