Dallas-based communications technology company COMSovereign Holding (Nasdaq: COMS) has acquired Israel-based aerial rotorcraft developer Sky Sapience in a $12.7 million deal that combines $2.7 million in cash and 2.55 million in stock. Sky Sapience offers the HoverMast tethered drone product line for airborne wireless network deployment, big event m...
Spire Global, a space-based data and analytics provider headquartered in San Francisco, is set to go public through a merger agreement with NavSight Holdings (NYSE: NSH) as part of a push to advance growth strategy, product development, sales and marketing efforts. The boards of directors of both companies unanimously approved the proposed transacti...
Small satellite launch services provider Rocket Lab is close to finalizing an estimated $4.1 billion agreement with a Vector Capital-backed special purpose acquisition company to merge operations, The Wall Street Journal reported Sunday. Rocket Lab would go public if the company combines with Vector Acquisition (Nasdaq: VACQ), which the former expec...
Eli Lilly and Co. (NYSE: LLY) has received a pair of firm-fixed-price contracts worth $2.73 billion combined from the U.S. Army Contracting Command to produce monoclonal antibody drugs for COVID-19. The first contract, valued at $2.52 billion over nine months, covers the supply of coronavirus treatment that combines two neutralizing antibodies, LY-C...
THIS WEEK’S TOP 10 MOST POPULAR STORIES View Weekly Contract Awards Transforming Perspecta Into a $7.1B Company; The Journey of Mac Curtis Perspecta announced in January that it will be acquired by Veritas Capital for $7.1 billion in cash, or $29.35 per share. Veritas Capital, which holds approximately 14.5 percent of Perspecta’s outstandi...
Executive Mosaic is honored to recognize PAE President and CEO John Heller as an inductee into the 2021 edition of the Wash100 for leading PAE’s transformation from a private equity-backed company into a publicly listed company and expansion in the government services arena through acquisitions and contract wins. This represents his sixth Wash100 ...
Rich Wilkinson, director of solutions engineering for Unanet and a GovCon Expert, has published his latest article as a member of Executive Mosaic’s GovCon Expert program on Wednesday to present an inside look at the earned value management (EVM) approach to projects, how to apply it and the benefits it can bring to a government contracting b...
Leidos (NYSE: LDOS) has agreed to acquire engineering and design firm Gibbs & Cox in a cash transaction worth $380 million as part of efforts to further expand into the maritime market and add engineering talent to its team. Leidos said Tuesday it expects the deal to be completed in the second quarter of fiscal...
Oshkosh’s (NYSE: OSK) defense arm has won a potential 10-year, indefinite-delivery/indefinite-quantity contract to manufacture between 50,000 and 165,000 Next Generation Delivery Vehicles for the U.S. Postal Service. USPS will make an initial payment of $482 million to allow Oshkosh Defense to finalize the production design, factory build-out and ...
Amentum has received a five-year, $43 million task order to support the U.S. Navy’s Program Executive Officer for Unmanned Aviation and Strike Weapons, Aerial Targets Program Office and Naval Air Warfare Center Weapons Division. The company said Tuesday it will provide technical program management and logistical life cycle support for surface ...
