L3 Technologies (NYSE: LLL) has purchased a minority stake in nanotechnology developer Peak Nano Optics for an undisclosed amount. Dallas, Texas-based Peak Nano uses a gradient refractive index technology to design and manufacture electro-optical lenses for visible to near-infrared applications, L3 said Wednesday. Christophe...
By Light Professional IT Services has agreed to merge with internal service provider Axom Technologies in a push to expand the delivery of information technology services to intelligence and defense communities. œOur merger with Axom represents a significant milestone in the achievement of our vision to strengthen our services offerings, expand...
Enlightenment Capital has invested in Arlington, Virginia-based technology and consulting service contractor ByteCubed to support the latter’s growth strategy in the data science, business intelligence and technology automation areas. ByteCubed will use investment from Enlightenment Capital to pursue organic and inorganic growth opportuni...
Charles Stark Draper Laboratory will produce missile system guidance technology for the U.S. Navy and U.K. government under a potential three-year, $132.9 million contract modification. Work also covers failure verification, test, repair and recertification of inertial measurement units, electronic assemblies and electronic modules for the Trid...
Lockheed Martin‘s (NYSE: LMT) aeronautics business has received a $148.7 million U.S. Navy contract modification to provide recurring logistics support for F-35 Lightning II aircraft. The Defense Department said Wednesday the services will applied to F-35 units that have been delivered to the Navy, Air Force and Marine...
Cheryl Peace, formerly a senior executive at the National Security Agency, has joined Cyxtera Technologies as chief operating officer of the information technology infrastructure company™s federal group. Peace™s œexperience offers a deep understanding of the complex challenges that government agencies face in securing their infrastruc...
Kratos Defense and Security Solutions (Nasdaq: KTOS) has agreed to sell its public safety and security system integration business to Securitas Electronic Security for approximately $69 million in cash. Eric DeMarco, Kratos president and CEO, said in a statement published Wednesday the divestiture concludes the execution of the company...
Chris Metts, formerly vice president of global aviation and air traffic management at Harris (NYSE: HRS), has joined Deloitte Consulting™s federal government practice as a specialist executive. Metts will lead Deloitte™s growth efforts in the federal transportation sector, particularly in the aviation segment, with a focus on leveraging bi...
David Young, regional vice president of strategic government at CenturyLink (NYSE: CTL), has said he believes the company’s purchase of Level 3 Communications provides CenturyLink an opportunity to provide integrated technology offerings for federal clients and manage current and new government contracts, FierceTelecom reported Tuesday...
The White House and Boeing (NYSE: BA) have reached a potential $3.9 billion deal for the aerospace company to build two presidential planes, Reuters reported Tuesday. œPresident Trump has reached an informal deal with Boeing on a fixed-price contract for the new Air Force One Program, Hogan Gidley, deputy press secretary, to...
