Rocket Lab USA (Nasdaq: RKLB) is in the final stages of completing a purchase agreement for Virgin Orbit’s manufacturing site and production assets in Long Beach, California, after winning the bid through an auction. The $16.1 million deal includes Virgin Orbit’s 144,000-square-foot facility, machinery, equipment and other assets located...
Booz Allen Hamilton (NYSE: BAH) will support the research and development of a soldier-as-a-system concept for Department of Defense mission partners under a potential $919 million task order. The company said Tuesday it aims to identify, mature and transition warfighter systems through the Engineering, Development, Integration and Technology-based ...
The Federal Communications Commission has given Viasat (Nasdaq: VSAT) the go-ahead to continue its estimated $7.3 billion acquisition of Inmarsat. FCC issued “unconditional” clearance to the proposed combination and both satellite service providers aim to complete the deal later this month, according to a joint statement released Friday. The com...
Keeping government information technology systems apace with the rapid developments of the private sector is a constant challenge. New tools and technologies are being introduced at a head-spinning rate and many of them have the potential to make the government processes more efficient, affordable and even fundamentally change the nature of the offe...
Fincantieri’s U.S. arm has secured a potential $526 million contract modification from the U.S. Navy to construct the fourth Constellation-class guided-missile frigate FFG 65. Fincantieri Marinette Marine will also provide crew training and post-delivery availability support under the contract, the company said Friday. In April 2020, the Navy awar...
Nazzic Keene, CEO and a member of the board of directors at Science Applications International Corp. (NYSE: SAIC), plans to retire after a decadelong career at SAIC. Toni Townes-Whitley, a 35-year technology veteran, will succeed Keene in the chief executive role and on SAIC’s board, effective Oct. 2, but will join the company as CEO-elect...
SpiderOak has received investments from the venture capital arms of Accenture (NYSE: ACN), Raytheon Technologies (NYSE: RTX) and Stellar Ventures and will use the capital to speed up the deployment of zero-trust, cybersecurity platforms for government and commercial clients operating in the space sector. SpiderOak said Thursday the investment will h...
Austal USA will lead an industry team to design and build a maximum of seven ocean surveillance vessels for the U.S. Navy under a potential $3.2 billion contract. Naval Sea Systems Command received two bids for the T-AGOS detail design and construction project and the service branch will obligate $113.9 million at the time of...
The Intelligence Community has identified five guiding priorities as it works to build a more secure, interoperable and efficient information technology enterprise and further its mission, according to Adele Merritt, the chief information officer at the Office of the Director of National Intelligence. In her keynote address Wednesday ...
A Lockheed Martin (NYSE: LMT) business segment has received two U.S. Air Force contracts totaling $1.19 billion to manufacture cruise missiles. The company’s missile and fire control unit will produce lot 21 Joint Air-to-Surface Standoff Missile systems under a $750.5 million firm-fixed-price contract and lot seven Long-Range Anti-Ship Missile...
