Blue Air Training and Top Aces have completed a business combination process and aim to create a turnkey air combat training service for military customers. The two companies intend to maintain independent operations and names at their respective Las Vegas, Nevada, and Mesa, Arizona, headquarters. Financial terms of the deal were not disclosed and B...
American Systems has received a $42.1 million contract to develop technology for the evaluation of U.S. Navy combat systems in training environments. The Naval Air Warfare Center’s training systems division sought a Combat Systems Integrated Product to help service personnel carry out weapon assessments and predict a system’s ability to ...
The Office of Management and Budget is soliciting feedback through a set of questions to inform the implementation of the National Institute of Standards and Technology’s guidance detailing best practices to improve the security of the software supply chain in accordance with a cybersecurity executive order signed in May 2021. On Feb. 4, NIST rele...
Gibbs & Cox, a Leidos (NYSE: LDOS) subsidiary, has secured a potential five-year, $318.7 million contract to help the U.S. Navy design surface combat ships, with an initial focus on the next-generation guided missile destroyer. Contract work supports the development of future combatant platforms and will initially drive design, technology integr...
Intelligence analysis and cybersecurity company Daybreak is set to merge business operations with geospatial analytics firm Azimuth1 at the start of March. Manik Rath, a former executive at LMI and Alion Science and Technology, will serve as CEO of the combined entity named Daybreak LLC, the company said Monday. Jason Dalton, founder and CEO of...
Michael Bloomberg, founder and CEO of media conglomerate Bloomberg and former mayor of New York City, has been nominated by Defense Secretary Lloyd Austin to serve as chair of the Defense Innovation Board. He will lead a group of leaders and experts to provide recommendations and advice on technology and innovation to help the Department...
Northrop Grumman (NYSE: NOC) has received a sole-source contract worth $150 million to maintain and update an integrated electronic countermeasures system on the U.S. Air Force’s B-1B bomber planes. The company’s defense systems sector will provide engineering support and perform block cycle updates to the AN/ALQ-161A Operational Flight ...
Satellogic, which aims to provide geospatial data to the government and commercial sectors, went public Wednesday following the completion of the satellite imagery provider’s merger with a Cantor Fitzgerald-backed special purpose acquisition company. The combination with CF Acquisition Corp. V, which was first announced in July 2021, would bri...
BAE Systems‘ land and armaments division has received a $169.3 million contract modification to manufacture an additional 33 amphibious combat vehicles for the U.S. Marine Corps. USMC exercised options under the ACV production contract with a potential value of $3.35 billion, the Department of Defense said Wednesday. The branch will obligate $...
Raytheon Technologies (NYSE: RTX) has received a $250 million award that increases the potential value of its contract with the U.S. Air Force to incorporate baseline engineering changes into the StormBreaker glide bomb system baseline. The sole-source contract calls for Raytheon Missiles and Defense to design, develop, integrate, test and engineer ...
