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...
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 ...
