CACI International has completed its acquisition of Azure Summit Technology, a developer of high-performance radio frequency, for approximately $1.28 billion. The Reston, Virginia-headquartered defense contractor said Wednesday the all-cash transaction expands its portfolio of offerings, particularly into the maritime and airborne markets. In his st...
Lockheed Martin has finalized its acquisition of Terran Orbital and its subsidiary Tyvak International in a transaction that expands its space capabilities and enables it to rapidly develop and deploy mission-ready spacecraft. The Bethesda, Maryland-based aerospace and defense contractor first announced the transaction in August. “The addition...
Parsons, a technology-focused firm and federal government contractor, reported record revenues, earnings and other milestones in the third quarter of 2024. In a statement released Wednesday, Carey Smith, chair, president and CEO of Parsons, said, “We delivered record third-quarter results for total revenue, organic revenue growth, net income, ...
Leidos was awarded a $93 million contract to provide the U.S. Navy and Marine Corps forces with weapon systems support. The company said Wednesday the Technical Assistance for Repairables Processing contract from the Naval Supply Systems Command Fleet Logistics Center has a one year base period of performance and four one-year options and one six-mo...
John Ratigan, an industry executive with over three decades of leadership experience in satellite and space communications, was appointed president, CEO and member of the board of directors at Comtech. The company said Wednesday Ratigan has held the chief executive role in an interim basis since March, transitioning from his recent post as chief cor...
The State Department has cleared Argentina’s foreign military sale request for F-16 Aircraft equipment and support worth an estimated $941 million. The Defense Security Cooperation Agency said Wednesday Lockheed Martin will be the principal contractor for the potential deal, which will cover the delivery of missiles, bombs and ...
The U.S. Space Force has issued a request for proposals to initiate the first on-ramp process to procure Lane 1 launch services as part of the National Security Space Launch program’s third phase. Space Systems Command said Wednesday it will accept proposals through Dec. 13 and expects to make an award by the spring of...
Maxar Technologies’ intelligence business has appointed industry executives Matt Santangelo, Matt Jenkins and Peter Wilczynski to its leadership team to drive innovation and growth initiatives. Maxar Intelligence said Tuesday Wilczynski joined the company in early summer as chief product officer, while Santangelo and Jenkins have been named chief ...
Mary Ann Carlson, a federal industry veteran, has joined EXPANSIA as senior vice president of business development and capture. In this capacity, Carlson will oversee the government technology consulting firm’s business development efforts, pursue new client acquisitions and advance the delivery of innovative platforms to customers, EXPANSIA said ...
Private equity firm OceanSound Partners has acquired Antenna Research Associates, or ARA, for an undisclosed sum as part of efforts to help the latter expand its client relationships and radio frequency capabilities to facilitate the delivery of new technologies to the aerospace and defense market. New York-based OceanSound said Tuesday ARA’s ...
