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Mergers and acquisitions deals are a feature of any industry where there are large enough companies and funds to support new combinations and ownership arrangements. They’ve become a particularly notable occurrence across markets in the 21st century, as large conglomerates buy up smaller operations. Government contracting is no different. Accordin...
Greg Caicedo, a more than two-decade business executive, has rejoined Kratos Defense and Security Solutions (Nasdaq: KTOS) as vice president of space domain awareness and space superiority, he announced in a LinkedIn post. He brings to the role his expertise and experience in space systems acquisition and operations, business development, strategic ...
James Wallace, formerly executive director and general counsel at an RTX (NYSE: RTX) unit, has been named chief legal officer and general counsel at Forcepoint Global Governments and Critical Infrastructure, now part of TPG (Nasdaq: TPG), according to a LinkedIn post. He will oversee Forcepoint G2CI’s overall legal, governance and compliance f...
Recorded Future showcased the artificial intelligence features of its cloud-based threat intelligence platform during its annual Predict 2023 conference. The Intelligence Cloud platform is designed to accelerate threat detection and mitigation and uses large language models to help intelligence professionals speed up the collection, structuring and ...
Stellant Systems, a portfolio company of Arlington Capital Partners, has agreed to acquire the power systems technology product line of Comtech Telecommunications (Nasdaq: CMTL) for $40 million. The companies’ boards of directors have unanimously approved the cash transaction, which is expected to close by the end of October, subject to regula...
The Raymond James Defense and Government Conference held at Nationals Park in Washington, D.C. on Thursday brought together some of the most influential executives, government officials and thought leaders in the government and government contracting industry. During a panel discussion moderated by Raymond James Managing Director Andy McEnroe, fou...
The U.S. Navy awarded Lockheed Martin (NYSE: LMT) a $379 million contract to produce and deliver eight MH-60R Seahawk helicopters to the Armada, Spain’s naval force. The aircraft will serve as an upgrade and supporting fleet to the Spanish navy’s SH-60B Seahawk fleet, Lockheed said Thursday. The deal is covered by an existing basic order...
Radiance Technologies has promoted Darien Hammett to the role of executive vice president of defense, responsible for ensuring that the sector continues to align with the company’s growth strategy and deliver value to military customers. The Huntsville, Alabama-based contractor said Thursday Hammett previously led Radiance’s space group ...
The Defense Information Systems Agency has added four companies to a multiple-award indefinite-delivery/indefinite-quantity contract to provide satellite-based services and capabilities to the U.S. Space Force. Iridium Communications (Nasdaq: IRDM), Honeywell‘s (NYSE: HON) aerospace business, AT&T (NYSE: T) and Lynk Global will support eff...
The space business of Sierra Nevada Corp. has appointed Wes Collier as vice president of proliferated systems, marking a shift from his previous position as VP of product development, according to his LinkedIn post published Thursday. He is tasked with the oversight of Sierra Space’s proliferated low Earth orbit systems segment....
