Tyto Athene, a portfolio company of Arlington Capital Partners, has completed its purchase of managed cybersecurity services provider MindPoint Group and appointed MindPoint President Patti Chanthaphone as head of its federal civilian group. Herndon, Virginia-based Tyto Athene said Tuesday Chanthaphone will oversee the company’s federal soluti...
Pennsylvania State University Applied Research Laboratory will provide the Department of Defense with analytical assessments, recommendations and other mission support services under a potential five-year, $460 million contract from the Washington Headquarters Services. PSU-ARL, as a DOD-designated University Affiliated Research Center, will help ad...
AE Industrial Partners has raised $1.28 billion in capital commitments from institutional investors in the U.S. and worldwide for its third private equity fund to advance its strategy to invest in national security, industrial services and aerospace sectors. The Boca Raton, Florida-based private investment firm said Tuesday AE Industrial Partners Fu...
Jack Fletcher was appointed vice president of business development for Navy and maritime programs at Leonardo DRS (Nasdaq: DRS), according to his LinkedIn announcement on Tuesday. Fletcher joined the Arlington, Virginia-based defense contractor from DRS RADA Technologies, another Leonardo subsidiary, where he most recently served as director of busi...
CAES has secured a $172 million multi-year deal from RTX (NYSE: RTX) to assist the latter with the next three lots of follow-on production for missile data-link assembly. The award supports a major international missile program, CAES said Monday. Based in Arlington, Virginia, CAES is a subsystem provider offering advanced electronic capabilities ...
Ben Bloom, founder and previous CEO of Atom Computing, will return to the chief executive role at the Berkeley, California-based quantum computing company. The company said in a July 2 news release that he will again take the helm of Atom Computing after Rob Hays stepped down from the CEO position to pursue other opportunities....
Dan Ford, a former Capgemini vice president with almost two decades of company experience, was appointed CEO of Capgemini Government Solutions. Capgemini said Wednesday Ford replaced Bill Webner, a 2024 Wash100 Award recipient who had been with Capgemini Government Solutions for nearly a decade before stepping down as its chief executive. The new CE...
The U.S. Space Force’s Space Systems Command has added Blue Origin and Stoke Space Technologies to the vendor pool of launch providers as part of the second on-ramping process to the fourth iteration of the Orbital Services Program. SSC said Wednesday OSP-4 is a potential $986 million indefinite-delivery/indefinite-quantity contract with an or...
The U.S. Army has awarded 12 companies spots on a potential seven-year, $940 million firm-fixed-price contract for operation and maintenance services. The Department of Defense said Wednesday 17 bids were received through an online solicitation spearheaded by the Engineering and Support Center of the U.S. Army Corps of Engineers, which serves as the...
Executive Mosaic’s GovCon Index did not have the best start in the third quarter of 2024. The index, which tracks the stock performances of 30 major government contractors, lost 1.31% week-on-week following significant losses on Monday and Friday. The $4,879.92 closing before the weekend reduced GCI’s year-to-date gain to 4.53%. Wall Street’s ...
