Mark Seidel, former vice president of finance and strategy at Relativity Space, has taken on the newly created role of chief financial officer at space security company True Anomaly. He will manage the start-up’s overall finance and accounting functions and lead corporate development, business operations and investor relations, True Anomaly sa...
Middle-market private equity firm CenterGate Capital has acquired Cartridge Technologies, a portfolio company of Broadtree Partners. CTI was established in 1990 and has served as a federal government contractor, providing more than 200 clients across all 50 U.S. states with managed print services, Broadtree said Wednesday. As a Broadtree portfolio c...
The U.S. Air Force has awarded Mission Technologies, an HII (NYSE: HII) division, a five-year, $244 million task order to install Minotaur software products in U.S. Navy, Marine Corps and Coast Guard systems. The contract covers research, development, test and evaluation services for the integration of Minotaur on maritime platforms used in radars, ...
Defense contractors are in focus lately and Lockheed Martin (NYSE: LMT) is the first to report third-quarter earnings since recently. In the three months that ended Sept. 24, 2023, net sales increased nearly two percent to $16.9 billion compared to the third quarter in 2022. Lockheed said Tuesday its net earnings reached $1.68 billion. The...
Credence Management Solutions has won a potential five-year, $898.7 million task order from the U.S. Agency for International Development to provide administrative, operational and technical support services for USAID’s bureau for humanitarian assistance, G2Xchange FedCiv reported Tuesday. USAID received three offers for the Bureau for Humanit...
Andrew Wallinger, a nearly 10-year ManTech veteran, has taken on the role of vice president of intel technology at the Herndon, Virginia-based federal technology services contractor, he announced in a LinkedIn post on Tuesday. He most recently served as the company’s technical director for the intel sector. Wallinger, a Certified Information Syste...
Digital modernization services provider MindPetal has agreed to buy VerticalApps for an undisclosed sum to expand its digital offerings and help federal agency customers advance the adoption of intelligent automation, artificial intelligence and machine learning technologies. VerticalApps is an Arlington, Virginia-based small business that specializ...
Frank Backes, formerly a senior vice president at Kratos Defense and Security Solutions (Nasdaq: KTOS), has been named CEO at synthetic aperture radar satellite developer Capella Space. He will assume the position on Oct. 23 and succeed outgoing CEO Payam Banazadeh, who will remain on the company’s board of directors, Capella Space said Tuesda...
Information technology services provider 22nd Century Technologies has acquired public safety technology developer Queues Enforth Development for an undisclosed sum to expand its portfolio of government software offerings. QED specializes in computer-aided dispatch and records management software systems that support over 300 state, local and federa...
The Naval Facilities Engineering and Expeditionary Warfare Center has released a draft request for proposals for a potential five-year, $180 million follow-on, multiple-award contract for ocean engineering support services. The indefinite-delivery/indefinite-quantity contract will be set aside for small businesses and cover the provision of engineer...
