European company SES and U.S.-based Intelsat are in talks about a “possible combination” of the two satellite service industry players, the Luxembourg-headquartered satellite telecommunications provider confirmed Wednesday amid reports of the potential multi-billion transaction. According to Bloomberg News, the companies are nearing a de...
Raytheon Technologies (NYSE: RTX) and Lockheed Martin (NYSE: LMT) received separate contracts worth $116 million combined to design carrier-based, air-launched hypersonic missile systems for the U.S. Navy. Both companies have been tasked with conducting technical maturation and development efforts under the Hypersonic Air Launched Offensive An...
Parsons (NYSE: PSN) has booked a potential five-year, $94 million contract to help the U.S. Cyber Command develop command, control, communications and computer systems. The cost-plus-fixed-fee award covers capabilities development support to CYBERCOM’s J6 C4 Systems and Chief Information Officer Directorate, Parsons said Tuesday. CYBERCOM prev...
NASA is looking to consolidate contracts for acquiring cloud services from Microsoft, Amazon Web Services and Google into a single reseller delivery order worth potentially $685.8 million. The consolidated order for agency-wide cloud services will be open to small business resellers capable of providing access to all three cloud service providers un...
ManTech has won a five-year, $133.1 million contract to perform analysis work for the U.S. Navy’s Warfare Effectiveness Department. Under the indefinite-delivery/indefinite-quantity contract, ManTech will analyze the design and engineering performance of warfighting capabilities to help the branch ensure systems meet its mission requirements, ...
Technology companies such as Amazon (Nasdaq: AMZN), Microsoft (Nasdaq: MSFT) and Google are investing in generative artificial intelligence tools to drive revenue performance in their cloud businesses, The Wall Street Journal reported Monday. Sources told WSJ that Microsoft CEO Satya Nadella has discussed how AI on the Azure cloud platform could hel...
Raytheon Technologies (NYSE: RTX) has won a potential $1.2 billion contract from the U.S. Army for Patriot Missile System fire units. Army Contracting Command received two offers for the firm-fixed-price contract and obligated the whole contract amount using foreign military sales funds for fiscal year 2023, the Department of Defense said Tuesday. W...
Given its role as the organization responsible for helping the U.S. Department of Defense bring in and implement commercial technologies, the Defense Innovation Unit was among the first DOD entities to take up the fast follower strategy. The fast follower approach holds that government and research organizations should, rather than focus on their ow...
Spire Global (NYSE: SPIR) and PlanetiQ will provide space-based radio occultation data products to the National Oceanic and Atmospheric Administration under a shared follow-on contract worth $59.3 million over five years. NOAA awarded the Radio Occultation Data Buy II vehicle as part of an agency initiative to evaluate the impact of commercial data ...
Ball Aerospace has appointed three executives to oversee its technological initiatives and tactical solutions and operations strategic capabilities businesses. The company on Thursday named Jack Sauer as vice president and chief technologist, John Martin as VP of operations strategic capabilities and Paula Burns as VP and general manager of tac...
