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President Joe Biden has signed an executive order to update the review process of the Committee on Foreign Investment in the U.S. by outlining five additional national security factors that CFIUS should consider when evaluating covered transactions. The EO directs CFIUS to consider the effect of a transaction on the resilience of critical U.S. suppl...
The U.S. Navy’s Naval Facilities Engineering Systems Command has selected six small businesses to compete for environmental remedial action work throughout its Pacific area of responsibility under a $120 million contract. Contractors will help the Department of Defense and other federal agencies to carry out cleanup projects as required under ...
Peter Hall, a 39-year federal service veteran, announced Thursday in a LinkedIn post that he has moved on to pursue a career in the private sector as senior director of growth at Peraton. Prior to this appointment, Hall was the National Security Agency’s senior representative to the Department of Defense. He previously held a short-stint as...
A Raytheon Technologies (NYSE: RTX) business unit has secured a 10-year, $375 million contract to modernize a satellite-based air navigation system for the Federal Aviation Administration. Raytheon Intelligence & Space will refresh the technical features of and add a dual frequency operation service to the Wide-Area Augmentation System under the...
Matthew Calderone, chief strategy officer of Booz Allen Hamilton (NYSE: BAH), will take over Lloyd Howell‘s responsibilities as chief financial officer following the latter’s decision to retire from the firm by the end of the year. The incoming CFO will be tasked to help drive Booz Allen’s execution of its Velocity, Leadership and ...
The U.S. Navy has awarded Boeing‘s (NYSE: BA) Insitu subsidiary a $191.8 million firm-fixed-price contract modification to supply a total of 38 Blackjack and ScanEagle unmanned air vehicles. The amended contract includes orders for 48 support equipment, payloads and turrets, spares and tools elemental to the two UAV platforms, the Department o...
ExecutiveBiz featured Greg Taylor, senior director of DOD Sales for Comcast Business, in its recent Executive Spotlight interview published Tuesday. He talked about the company’s work to support the Defense Information Systems Agency’s commercial ethernet gateway initiative. The Q&A also tackled Comcast’s recent wins, capabilities ...
The Department of Defense on Wednesday announced $1.2 billion in biomanufacturing investments days after President Joe Biden signed an executive order to advance biotechnology and biomanufacturing innovation in the U.S. “The Department recognizes biotechnology as a Critical Technology Area that will change the way the DoD develops new capabilities...
ManTech International announced on Wednesday that the company’s sale to global investment firm Carlyle has been completed. The all-cash acquisition represents a total enterprise value of roughly $4.2 billion. Robert W. Baird & Co. acted as the financial advisor for Carlyle in the transaction. ManTech Chairman, President and CEO Kevin Phi...
Antenna Research Associates has acquired military communications and signal management systems builder SI2 Technologies to create a technology innovation center that will serve defense customers. North Billerica, Massachusetts-based S12 will operate as a wholly owned subsidiary of ARA and the two entities will collaborate across various business ope...
