Raytheon Technologies (NYSE: RTX) has secured a $178 million contract to help the U.S. Air Force transition to an open architecture-based ground infrastructure for processing global intelligence, surveillance and reconnaissance data. The company will provide field support services to the branch’s Distributed Common Ground System modernization ...
McLean, Virginia-based IronNet Cybersecurity is considering merging with special purpose acquisition company LGL Systems and a transaction between the two parties could give the combined entity an estimated value of $1.2 billion, Bloomberg reported Wednesday. Bloomberg cited unnamed sources saying Reno, Nevada-based LGL seeks to raise equity funding...
Quantic Electronics, an Arcline Investment Management-backed company, has purchased Frederick, Maryland-based hybrid monolithic microwave integrated circuit manufacturer Planar Monolithics Industries for an undisclosed sum. PMI said Monday it has supplied MIC/MMIC subsystems for aerospace, defense and consumer electronics applications for more than ...
Executive Mosaic is pleased to announce Tim Hurlebaus, president of CGI Federal, as an inductee of the 2021 Wash100 Award for driving growth initiatives at CGI Group’s federal services subsidiary. This marks the fourth time that Hurlebaus has been recognized with a Wash100 Award for his vision and leadership in the government contracting (GovCon) ...
Shareholders at Aerojet Rocketdyne Holdings (NYSE: AJRD) voted Tuesday to approve the company’s $4.4 billion sale to Lockheed Martin (NYSE: LMT) and both parties still expect to close the transaction in the second half of this year. Aerojet Rocketdyne said Tuesday holders of approximately 99.76 percent of its stock were in favor of the merger...
United Launch Alliance and SpaceX have received task orders worth $384 million combined from the U.S. Space Force to deploy payloads and integrate missions for phase two of the National Security Space Launch program. The branch awarded ULA a pair of task orders, valued at $224.3 million, to support the USSF-112 and USSF-87 missions, the...
Two Six Technologies has appointed government and industry leaders Mike Daniels, Tiffanny Gates, Charles Hooper and Michael McConnell to its board of directors to help drive the company’s strategic vision and advance the development of technology platforms for national security clients. Daniels, former chairman and CEO of Network Solutions, most r...
PCX Aerosystems, a mechanical parts supplier to the military and commercial aerospace sectors, has agreed to acquire the Connecticut-based metallic components manufacturing business of British technology company Senior for an undisclosed sum. The deal would add Senior Aerospace Connecticut‘s transmission and rotorhead products to the PCX portf...
IonQ has agreed to merge with dMY Technology Group III (NYSE: DMYI.U), a special purpose acquisition company, in a transaction that would result in the quantum computing developer becoming a publicly traded company. The boards of directors of both companies unanimously approved the deal that gives the combined entity a valuation of approximately $2 ...
Armtec Defense Technologies will provide combustible case assemblies to the U.S. Army for 155mm propelling charges under a potential five-year, $207.7 million contract. The service branch is procuring M231/M232 modular artillery charge system cases through the firm-fixed-price contract, the Department of Defense said Friday. Army Contracting Command...
