Intel (Nasdaq: INTC) has decided to drop a $5.4 billion deal to buy Tower Semiconductor (Nasdaq: TSEM) after failing to secure the required regulatory clearances in a timely manner. In February 2022, Intel agreed to pay $53 per share in cash to acquire Tower to establish an end-to-end foundry aimed at meeting the rising demand...
Venice Goodwine, director of enterprise information technology at the Department of the Air Force for the past two years, has assumed new duties as DAF’s chief information officer, Federal News Network reported Tuesday. She succeeds three-time Wash100 winner Lauren Knausenberger, who stepped down in June after three years in the CIO post. Effe...
An RTX (NYSE: RTX) division will supply tube-launched, optically-tracked, wireless-guided missiles to the U.S. Army under a three-year, $322.5 million contract. Raytheon Land and Air Defense Systems will provide the TOW 2B variant of the long-range anti-armor, anti-fortification and anti-amphibious landing weapon system as part of the fixed-price-in...
GovCon industry veteran Bill Ballhaus has assumed the position of president and CEO of Mercury Systems (Nasdaq: MRCY). He took on the roles on an interim basis on June 24 at the Andover, Massachusetts-based technology company, Mercury said Tuesday. “After conducting a review of potential candidates with the assistance of an executive search firm, ...
The National Reconnaissance Office has issued a request for proposals to potential sources of commercial electro-optical capabilities, according to a tweet posted by NRO on Wednesday. SpaceNews reported that NRO released a broad agency announcement in July and is interested in non-Earth imaging, nighttime imaging, video, multispectral imaging and in...
High Point Aerotechnologies has made a series of appointments to its leadership team following the full integration of Liteye Systems and Black Sage Technologies into its business operations. Black Sage CEO Al White, President Ann Wood and Chief Financial Officer Creighton Bowsher will retain their position titles at the Boise, Idaho-headquartered a...
The U.S. Air Force has awarded four companies positions on a five-year, $99 million follow-on contract to provide the service branch with minor construction, mechanical installation and infrastructure sustainment support services. The service received four offers for the Civil Engineering Building and Utilities Mechanical Program III indefinite-deli...
SNR Government IT Services, a SkyePoint Decisions subsidiary, has received a task order from the Defense Logistics Agency to support the Contingency and Adaptive Planning Software Information System. SNR GovIT will work with Tetra Tech (Nasdaq: TTEK) subsidiary Amyx to deliver technical updates and development support to CAPSIS and use its experienc...
Spectrum Enterprise, a Charter Communications (Nasdaq: CHTR) business and a provider of networking, fiber technology and managed services, has signed a strategic partnership agreement with AOC Connect to further expand its offerings to support the technology requirements of federal government customers. AOC Connect acquired Charter Communications...
NASA has selected Rocket Lab USA (Nasdaq: RKLB) to deploy a pair of small satellites into low Earth orbit to help scientists understand how warming climate affects ice shelves in the Arctic and Antarctica. The Polar Radiant Energy in the Far-InfraRed Experiment mission is targeted for a 2024 launch to gather data on heat emissions...
