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Integral Federal has expanded its leadership team with the appointment of GovCon industry veterans Manuel Mendez and Jason Siminski as chief financial officer and chief growth officer, respectively, as the company aims to reach $200 million in annual revenue by 2025. Mendez will lead finance and accounting, contract, program control and information ...
Razor’s Edge, a venture capital firm that invests in national security-focused technology companies, has reached nearly $340 million in investor support upon the closure of its third fundraising effort. The Reston, Virginia-based firm said Tuesday the investment fund, which is 36 percent more than the $250 million fundraising target it initially s...
The Defense Logistics Agency has awarded three small businesses a $500 million contract modification to repair and maintain military and government facilities within the U.S. Central Command’s area of responsibility. DLA exercised the first of two option periods specified in a potential five-year, indefinite-delivery/indefinite-quantity contra...
Client Solution Architects has received certification under a Virginia Department of Veterans Services program that works to help companies hire and train service members transitioning into civilian careers. As a certified Virginia Values Veterans employer, CSA has the opportunity to connect with former military personnel and their spouses through r...
Space technology developer Intuitive Machines has agreed to go public as part of a planned merger with New York-based blank check company Inflection Point Acquisition Corp. (Nasdaq: IPAX). The combined entity will list securities on the Nasdaq upon completion of the deal and estimates it will exceed $1 billion in pro forma equity value, Intuitive...
The U.K. government has approved Viasat’s (Nasdaq: VSAT) proposed acquisition of Inmarsat under the National Security and Investment Act. Mark Dankberg, executive chairman and CEO of Viasat, said in a statement published Friday Viasat has been a partner of U.K. national security and defense communities for over 10 years, particularly in the delive...
Barry Broadus, chief financial officer of ICF, was featured in a recent Executive Spotlight interview published Wednesday. He talked about joining the company and the attributes of its mission that attracted him to the role. The Q&A also tackled ICF’s recent growth initiatives, acquisitions and partnerships aimed at helping the company exp...
Bob Pragada, president and chief operating officer of Jacobs (NYSE: J), will assume the role of CEO and join the company’s board of directors, effective Jan. 24. He will succeed Steve Demetriou, who will continue to serve as executive chair of the company’s board for a minimum of two years and advise Pragada on strategic...
Biggs Porter, executive vice president and chief financial officer of Maxar Technologies (NYSE: MAXR), will retire in 2023 and hold a consulting role after his retirement until March 2024 to help with the transition. Maxar said Thursday it has begun its search for Porter’s successor in the CFO role. Dan Jablonsky, president and CEO of...
Allen Couture, a 10-year veteran of Raytheon Technologies (NYSE: RTX), will formally join Mercury Systems (Nasdaq: MRCY) on Oct. 3 to serve as senior vice president of execution excellence. He will be responsible for overseeing engineering, supply chain and program management functions in his new position, Mercury Systems said Thursday. Couture most...
