Comtech Telecommunications (Nasdaq: CMTL) has secured a $45 million strategic investment from current shareholders White Hat Capital Partners and funds affiliated with Magnetar. The additional funding will help Comtech capitalize on its large contract awards and meet increasing customer demand for satellite communications technologies and next-gener...
Yuneeb Khan, a more than 25-year finance executive, has joined cybersecurity company Trellix as chief financial officer. He will directly report to Trellix CEO Bryan Palma as he oversees financial planning and analysis, enterprise controllership, investor relations, global compliance, treasury, tax and other finance-related functions to drive growth...
The Federal Emergency Management Agency has awarded indefinite-delivery/indefinite-quantity contracts worth more than $500 million each to four companies under the follow-on Public Assistance – Technical Assistance Contract vehicle, which calls for vendors to provide contractor personnel that could support FEMA’s public assistance activities acr...
Private equity firm Arcline Investment Management has agreed to acquire Kaman (NYSE: KAMN), a Bloomfield, Connecticut-based aerospace and defense contractor, for approximately $1.8 billion, or $46 per share in cash....
SDA Awards $2.5B in Tranche 2 Tracking Layer Prototype Agreements to 3 Contractors; Brian Overstreet Selected as President of Iron EagleX; DOD Solicits Proposals for $1.5B CIO Mission Support Services II Contract; Q&A With Dana Barnes Click to Unmute ...
A Bechtel-led joint venture has received a $249.8 million contract modification from the U.S. Air Force for the continuation of flight testing and sustainment services for the Tennessee-based Arnold Engineering Development Complex. National Aerospace Solutions' work will encompass delivering a range of tasks, including test operations, techn...
BL Harbert International has secured a potential three-year, $206.6 million contract to build a weapons generation facility for the U.S. Air Force's B-21 strategic bomber aircraft. The Army Corps of Engineers awarded the contract for the construction of the military facility at Ellsworth Air Force Base in South Dakota....
Ray Ali, formerly senior program manager at LMI, has transitioned to the role of vice president of technology solutions for the Army at the Tysons, Virginia-based management consulting firm. He brings to the role over 10 years of experience in enterprise digital transformation, data management and analytics in support of the Department of Defense....
Congress averted a government shutdown after passing a continuing resolution that would fund government operations through early March. The House on Thursday voted 314-108 to approve the stopgap funding measure hours after the Senate passed the legislation by a 77-18 vote....
M.C. Dean, a Tysons, Virginia-based cyberphysical systems provider, has received a potential five-year, $116 million follow-on contract from the Defense Information Systems Agency to provide information technology support services for U.S. European Command and Naval Information Warfare Center Atlantic....
