Battelle has received a potential seven-year, $350 million contract from U.S. Special Operations Command for the acquisition of nonstandard commercial vehicles. The indefinite-delivery/indefinite-quantity contract covers lifecycle replacement of USSOCOM’s fleet of NSCVs, ancillary vehicle modifications and supply of armament, communications an...
TCOM has acquired Equinox Innovative Systems, a Columbia, Maryland-based manufacturer of multi-rotor unmanned aerial vehicles, in a transaction aimed at expanding the former’s technology offerings to include tethered and untethered drone systems. The financial terms of the deal were not disclosed and TCOM said Tuesday that Equinox will bring a...
NASA has awarded Intuitive Machines, Lunar Outpost and Venturi Astrolab positions on a potential $4.6 billion contract to develop a lunar terrain vehicle for the space agency’s Artemis moon exploration program. The agency said Wednesday it plans to procure the LTV as a service from industry through the Lunar Terrain Vehicle Services program, a mil...
Alexandria, Virginia-headquartered small business Edgesource has acquired Newbrook Solutions, a Chantilly, Virginia-based provider of software development services to defense and intelligence agencies. Newbrook brings a team of security-cleared experts in service management, software engineering, process engineering and systems engineering and techn...
McLean, Virginia-based Iridium Communications (Nasdaq: IRDM) has closed its purchase of Satelles and launched a satellite-based time and location service as part of its portfolio of offerings. The Iridium Satellite Time and Location service works indoors and is designed to safeguard GPS and other Global Navigation Satellite Systems-reliant platforms...
Fabian Plath, formerly senior vice president of growth at federal systems integrator Tyto Athene, has been named chief growth officer at Tria Federal, a provider of information technology and advisory services to the federal government. He will support the development and implementation of the middle-market government contractor’s vision and g...
New York-based private equity firm OceanSound Partners has closed a single-asset continuation fund worth approximately $1.15 billion in connection with the divestment of its portfolio company, SMX Group. Apollo S3 serves as the lead investor in the continuation fund, which will provide incremental capital and enable OceanSound to support SMX’s acq...
General Electric‘s (NYSE: GE) aerospace business has started trading on the New York Stock Exchange as a separate entity under the ticker symbol “GE” following the completion of the spin-off of GE Vernova, which comprises the company’s energy businesses. GE Aerospace is headed by Chairman and CEO Lawrence Culp and has approxi...
The U.S. Army has released a draft request for proposals for the full and open segment of a follow-on indefinite-delivery/indefinite-quantity contract covering research and development capabilities to address the mission needs of the service branch’s Space and Missile Defense Command. The Design, Development, Demonstration and Integration II D...
In today’s digital world, staying at the forefront of cybersecurity practices is critical for national security. Continuous increases in both the number and variety of cyberattacks now characterize this domain, and the U.S. government has taken many steps to keep pace with this constantly transforming environment. Hear public and private sector cy...
