The board of directors of Iridium Communications (Nasdaq: IRDM) has approved a plan to buy back another $500 million in shares through the end of December 2027 as part of a push to maximize return on investment. The satellite communications company said Thursday the plan marks its fourth and largest stock buyback authorization and increases...
The U.S. Coast Guard has awarded Metris Global a potential five-year, $100 million contract to provide training, education and development program support to help meet the needs of its workforce and carry out its mission within the Department of Homeland Security. The company said Thursday the Training and Analysis Support Services contract will run...
Data, cloud and artificial intelligence company Snowflake has acquired Night Shift Development, a data analytics firm that serves the U.S. public sector. Snowflake’s Chris Degnan, chief revenue officer, and Matthew Rose, industry principal of the global public sector, said in a blog post Thursday that the acquisition will expand its presence in th...
Bechtel Parsons Blue Grass, a joint venture between Bechtel National and Parsons Government Services, will now move to the closure phase of the Blue Grass Chemical-Agent Destruction Pilot Plant. The Department of Defense said Wednesday the multi-year effort is under a $481.9 million contract modification recently awarded by the U.S. Army. The joint ...
The newly combined entity of Eutelsat America Corp. and OneWeb Technologies named senior leaders to its leadership team to help advance growth initiatives as it works to expand its geostationary and low Earth orbit satellite communications systems for government and commercial clients. “With this team, we are well-positioned to deliver innovat...
Lockheed Martin (NYSE: LMT) has secured a $297.1 million contract from NASA to oversee the development of a lightning mapping instrument called the GeoXO Lightning Mapper. NASA said Tuesday the cost-plus-award-fee contract, awarded on behalf of the National Oceanic and Atmospheric Administration, covers the production of two flight instruments ...
Carahsoft Technology has secured a potential five-year, $284.2 million recompete task order from the Defense Counterintelligence and Security Agency. The Department of Defense said Tuesday DCSA awarded the delivery order in support of DOD’s Enterprise Software Initiative. The vendor will perform work in Reston, Virginia, through Sept. 16, 2029...
Philip “Duke” Labasi, an executive with more than three decades of leadership and business experience, was named executive vice president and general manager of the strategic and defense solutions business unit at Auria Space. The defense and space manufacturing company announced Labasi’s promotion via a LinkedIn post Tuesday. Laba...
The Department of Defense has awarded Science Applications International Corp. (Nasdaq: SAIC) a $229 million contract to provide information technology support services for North American Aerospace Defense Command and U.S. Northern Command. SAIC said Wednesday the contract was awarded in support of the NORAD/USNORTHCOM Information Technology Enterpr...
Leidos (NYSE: LDOS) has appointed Tina Jonas, an aerospace and defense industry veteran, to its board of directors. The company said Wednesday Jonas will also serve on the board’s audit and finance committee and her appointment is effective Sept. 25. Leidos CEO Tom Bell said Jonas brings to the board her aerospace and defense leadership...
