FDH Aero has consolidated three of its brands into a single business group that will offer electronic components in the defense and aerospace market. The FDH Aero Electronic Products Group, led by Mitch Enright, merges units focused on electronics, consumables and electrical component products, the company said Thursday. Enright has served as presid...
An affiliate of private equity firm Lone Star Funds has completed its acquisition of ship repair services provider Titan Acquisition Holdings from global investment firm Carlyle (Nasdaq: CG) and Stellex Capital Management. The transaction was first announced in February. Titan is the parent company of three ship repair and marine fabrication service...
Modernization is currently a top priority for the U.S. Navy, and the service branch has already revamped its Navigation Plan to reflect the urgent need for cutting-edge capabilities. More recently, Navy Secretary Carlos Del Toro, a 2023 Wash100 Award winner, ordered the development of a 30-year infrastructure modernization plan, ...
Bill Edmunds, vice president of national intelligence at Science Applications International Corp. (NYSE: SAIC), has been elevated to a senior VP position. The industry veteran will lead a business unit that serves the national intelligence community and will report to Michael LaRouche, president of SAIC’s national security and space sector, th...
Noblis has invested in space technology developer Scout Space through the nonprofit science and technology company’s venture arm. Mile Corrigan, president and CEO of Noblis, said in a statement released Wednesday that both companies recognize the need for better space-based datasets as situational awareness in the domain is becoming a key requ...
Peraton has won a potential 11-year, $1 billion contract to help the Department of the Interior manage the acquisition of secure cloud services for an initiative to transition into a single hybrid enterprise cloud cluster. DOI announced the award of the Cloud Hosting Solutions III indefinite-delivery/indefinite-delivery contract in a notice publishe...
CACI International (NYSE: CACI) has secured a five-year, $125.5 million contract to help the U.S. Navy’s Naval Air Systems Command maintain crisis response electronic communication systems. The company will support operational requirements for crisis response and interoperable command, control, communications, computers and combat electronic s...
SpaceX has secured a task order to launch small satellite payloads into orbit under NASA’s CubeSat Launch Initiative program. The two CSLI missions will launch onboard SpaceX’s Falcon 9 rocket no earlier than 2025 as part of the agency’s Venture-Class Acquisition of Dedicated and Rideshare initiative, NASA said Tuesday. Specific pa...
Washington, D.C.-based private equity firm Arlington Capital Partners has purchased Pegasus Steel, a provider of fabricated steel structures used for building nuclear submarines, aircraft carriers and other vessels for the U.S. Navy. Tony Deering, founder and CEO of Pegasus Steel, and other members of the management team will continue to run the com...
Tony Gingiss, formerly chief operating officer at Virgin Orbit, has assumed the COO role at satellite manufacturer Terran Orbital (NYSE: LLAP). He brings to the role more than two decades of production, operations and leadership experience in the defense and aerospace industries, Terran Orbital said Wednesday. Gingiss previously oversaw day-to-day o...
