Launch services provider Rocket Lab USA (Nasdaq: RKLB) has completed its stock-and-cash acquisition of Silver Spring, Maryland-based spacecraft separation technology developer Planetary Systems Corp. The transaction — which was first announced in November — comprises $42 million in cash, 1.72 million shares from Rocket Lab’s common...
Dev Kalyan, former chief clinical transformation officer and chief growth officer of OptumServe, has assumed the CGO role at B3 Group. He will be responsible for B3 Group’s customer engagement initiatives aimed at helping federal enterprise customers implement processes around data governance, cybersecurity, program management and functional ...
TYSONS CORNER, VA, Dec. 1, 2021 — BlueHalo seeks to grow its cyber and signal intelligence portfolio and provide intelligence community customers with open-source intelligence offerings through its acquisition of Asymmetrik, a Maryland-based software and technology developer, ExecutiveBiz reported Nov. 23. “The combination of Asymmetrik’s and ...
The U.S. Navy has awarded four five-year contracts worth $1.74 billion combined to procure maintenance, repair and modernization services for non-nuclear surface combatant and amphibious ships. The multiple-award, indefinite-delivery/indefinite-quantity contracts covering lots 1 through 4 include scheduled docking and non-docking, continuous and eme...
A new McAleese & Associates report says major defense prime contractors recorded a 4 percent to 6 percent increase in sector profit during the third quarter of 2021. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, presented an analysis of the Q3 financial performance of Boeing (NYSE: BA), General Dynamics (NYS...
An Austal subsidiary in Mobile, Alabama, will help the U.S. Navy maintain littoral combat ships deployed to the Indian Ocean and the Western Pacific region under a potential $215.8 million indefinite-delivery/indefinite-quantity contract. The five-year IDIQ award to Austal USA has a $72.5 million initial value that covers LCS continuous maintenance ...
MarkLogic, a data integration and management company backed by private equity firm Vector Capital, has purchased semantic platform vendor Smartlogic in a move to offer integrated tools that could help public and private sector customers gain insight from datasets. San Jose, California-based Smartlogic has worked with clients at government, energy, h...
Loc Performance has secured a $73.3 million firm-fixed-price contract to deliver to the U.S. Army engineering change proposal kits for the military service branch’s Bradley Fighting Vehicles. The component manufacturer will work on the proposal kits at its facilities in Plymouth, Michigan, and is expected to complete contract requirements by M...
Patrick Murphy, president and CEO of Axient, was featured in the most recent Executive Spotlight interview with ExecutiveBiz on Monday. He discussed the company rebranding and how the move supports the innovation efforts of Axient and the mission of its customers. Murphy also talked about Axient’s strategic organization, advancement in digital...
Baird hosted its fourth annual Government & Defense Conference on Wednesday to bring together the members of the government contracting (GovCon) sector, the federal government and industry to discuss the key industry trends and market outlook from the elite leaders across the federal landscape. The conference was held as an in-person conference ...
