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A joint venture between KBR (NYSE: KBR) and Intuitive Machines has booked a five-year, $719 million contract to engineer systems for NASA’s Goddard Space Flight Center in Maryland. Space & Technology Solutions will develop and test new space and scientific technologies under the third iteration of the Omnibus Multidiscipline Engineering Se...
Heidi Shyu, undersecretary for research and engineering at the Department of Defense and a 2023 Wash100 awardee, said that DOD will introduce a new “effort” to facilitate industry collaboration in bringing commercial space platforms to the U.S. warfighter mission, Breaking Defense reported Tuesday. “The goal of this effort is to incorporate [t...
Nicole Robinson, a nearly two-decade space and satellite communications industry veteran, has been named chief strategy officer at Comtech Telecommunications (Nasdaq: CMTL). She will work with Comtech’s Strategic Council to oversee new technology development and implementation efforts, drive global growth initiatives and identify business oppo...
Aretum, the newly established mid-tier platform company of Renovus Capital Partners, has acquired Arlington, Virginia-based federal contractor Miracle Systems. Miracle and Renovus portfolio company Panum Telecom will operate under Aretum, which is focused on delivering technology platforms, management consulting and mission support services to the D...
Lockheed Martin (NYSE: LMT) raked in $15.1 billion in net sales for the first quarter of 2023, $6.23 billion of which was generated by its aeronautics business. The company on Tuesday released its quarterly financial performance showing net earnings of $1.7 billion, same as the prior-year period figures, and a revenue growth of 0.67 percent...
Donald LaRocco, a 22-year veteran of Naval Air Systems Command, has joined Crestwood Technology Group as executive vice president of government programs, LaRocco announced his new role at CTG in a LinkedIn post on Tuesday and came to the New York-based supply chain management services provider from his prior role as global head of Noble’s...
Ensco will help the Federal Railroad Administration operate and maintain track inspection vehicles under a new five-year contract. The company said Tuesday it will continue to support FRA’s Automated Track Inspection Program through safety compliance assessment, regulatory updates and data utilization efforts. Contract work encompasses fleet o...
Elbit Systems (Nasdaq: ESLT) has secured a pair of contracts worth $202 million combined to deliver intelligence and electronic warfare aircraft and autonomous artillery systems to unnamed foreign customers. The company said Tuesday it will equip a commercial aircraft platform with an EW suite, designed to help the operator defend against communicat...
A joint venture between Rothe Development and Ares Technical Services Corp. has secured a potential $814 million contract to help two NASA offices manage information technology and multimedia operations. The Rothe-Ares JV will provide support to the agency’s chief information officer and communications departments under the Enterprise Mu...
Maxar Technologies (NYSE: MAXR) has secured the majority of regulatory clearances needed to advance its merger with Boston-based private equity firm Advent International and both parties now expect the transaction to be completed in late April or early May. In December, Advent agreed to buy Maxar in an all-cash transaction worth approximately $6.4 b...
