Redwire has secured all required regulatory approvals to close its acquisition of Edge Autonomy. The space infrastructure company said Friday the regulatory clearances include the completion of the U.S. antitrust review under the Hart-Scott-Rodino Act and foreign investment reviews in Canada, Latvia and the U.K. In January, Redwire struck a $925 mil...
The Defense Logistics Agency plans to award RTX a potential 20-year, $50 billion sole-source contract to provide systems, production and related support services for the Patriot missile defense system. According to a presolicitation notice published Thursday, DLA intends to issue a request for proposal by April 4 and award the indefinite-delivery/in...
RTX business Raytheon has received a U.S. Navy contract modification worth approximately $141 million for the procurement of Standard Missile-2 and spares. Scope of Contract Modification The Department of Defense said Thursday the contract action combines purchases for the governments of Japan, Australia, Spain, Germany and the Netherlands under the...
SAIC has appointed Jonas Lazo and Justin Magruder to new executive roles. Lazo confirmed Tuesday that he has assumed the role of chief technology officer for West Indo-Pacific, while Magruder now serves as the company’s partner and chief data officer for mission advisory services. Who is Jonas Lazo? Lazo is a military and gover...
KBR has secured an estimated $229 million recompete task order to provide life cycle research and analysis for the U.S. Army Cargo Helicopter Systems. The company said Tuesday the task order falls under the Department of Defense Information Analysis Center’s, or DODIAC, multiple-award contract, or MAC, vehicle. Task Order Details Under the DOD...
Google has agreed to buy cloud security company Wiz in an all-cash transaction valued at approximately $32 billion. Google said Tuesday Wiz will be part of Google Cloud upon the acquisition’s completion, which is subject to regulatory approvals and other customary closing conditions. Accelerating Trends in the AI Era The proposed transaction r...
Digital transformation company Redhorse has acquired The Mannakee Group for an undisclosed sum to expand its footprint as a provider of innovative platforms for the national security and federal defense communities. Redhorse President Noah Klemm welcomed the addition of Mannakee and CEO Brian Hak to the company. “This partnership strengthens o...
The U.S. Navy has awarded a potential $243.9 million contract to eight companies for tactical combat and electronic warfare systems research and development services. The Department of Defense said Monday the selected contractors are as follows: Applied Technology of King George, Virginia Cutlass Systems Engineering of Laurel, Maryland Envision...
SAIC reported $1.84 billion in revenue during the fourth quarter of fiscal year 2025, reflecting a 5.8 percent organic growth, and saw its full-year FY 2025 revenue increase by 3.1 percent organically to $7.48 billion. Q4, Full FY25 Financial Highlights In an earnings statement published Monday, the Reston, Virginia-based government technology servi...
BAE Systems’ Land and Armaments subsidiary has received a $356.7 million contract modification from the U.S. Army for the procurement of armored multi-purpose vehicles as part of ongoing efforts to modernize the fleet. AMPV Production Contract Details The Department of Defense said Thursday the company will conduct the work for the projec...
