Cerberus Capital Management has acquired a controlling interest in M1 Support Services, a Denton, Texas-headquartered provider of maintenance, repair and overhaul services for military aircraft and aviation programs. George Krivo, a managing director for Cerberus Operations, will serve as CEO of M1 and co-founders Kathy Hildreth and Bill Shelt will ...
The Senate has confirmed Melissa Dalton to become the under secretary of the Air Force, responsible for helping the secretary manage the Department of the Air Force and organize, train and equip the U.S. Air Force and Space Force. Dalton received a nomination from President Joe Biden in September 2023 to be DAF’s second highest-ranking...
A report by financial services company Raymond James (NYSE: RJF) shows that there were 76 mergers and acquisitions in the defense and space industry during the first quarter of 2024, a 55 percent increase from the same period the previous year and a 31 percent rise from the previous quarter. Defense and Space M&A Activity...
Fincantieri’s U.S. business arm has secured a $1.04 billion modification to a U.S. Navy contract to design and build the service branch’s fifth and sixth Constellation-class guided-missile frigates. Fincantieri Marinette Marine will perform detail design and construction services for the FFG 66 and FFG 67 under the fixed-price incentive cont...
NASA has issued the final request for proposals for the sixth iteration of the Solutions for Enterprise-Wide Procurement contract, which seeks to support federal agencies by serving as an acquisition vehicle for information technology products and services. According to the final RFP published Thursday on SAM.gov, SEWP VI is a governmentwide acquisi...
Second Front Systems, a provider of public-benefit software, has expanded its leadership team with the appointment of TJ Rowe, formerly executive vice president of growth, as chief revenue officer and Matt Conner, independent board director, as chief information security officer. Rowe will manage 2F’s global business development efforts,...
The ability to quickly exchange information is a determining factor of success on today’s battlefield, and achieving seamless connectivity requires a strong arsenal of network technologies. Advancing these capabilities has become a core part of the Department of Defense’s modernization strategy in recent years, and its FutureG Office is leading ...
Space Systems Command’s Space Test Program has begun soliciting proposals for a potential 10-year multiple-award indefinite-delivery/indefinite-quantity contract to acquire commercial spacecraft capable of carrying military payloads to space. STP has released the final request for proposals for the Space Test Experiments Platform 2.0 program t...
Conti Federal Services has secured a $135.5 million firm-fixed-price contract from the U.S. Army Corps of Engineers to construct a maintenance hangar at Ellsworth Air Force Base in South Dakota. The Department of Defense said Thursday the Orlando, Florida-based contractor, which won against three other bidders, is expected to complete the project by...
Maxar Technologies’ intelligence business has named Lisa Henke, a veteran technology executive, as chief of technology and innovation for the U.S. government. Henke announced her promotion at Maxar Intelligence in a LinkedIn post published Thursday. She most recently served as USG account executive for Army and Space Force programs, according to h...
