Mark Dankberg, co-founder and executive chairman of Viasat (Nasdaq: VSAT), will return to his roles as chairman and CEO of the company starting July 1. Viasat President and CEO Richard Baldridge will transition to the newly created role of vice chairman and will focus on finalizing the Inmarsat acquisition, manage execution strategy and integration ...
Elbit Systems (Nasdaq: ESLT) has booked a pair of contracts worth $768 million combined to supply a combat networked system and airborne munition guidance kits to unnamed customers in the Asia-Pacific region. The first award, valued at $548 million over four years, is for an integrated system comprising networking middleware, command and control and...
Raytheon Technologies (NYSE: RTX) has received a contract from the U.S. Army to develop a prototype of a tactical ground station designed to facilitate long-range precision targeting by detecting and tracking threats. The Tactical Intelligence Targeting Access Node will collect data from terrestrial, space and aerial sensors and deliver targetable d...
Jeremy Mares, a 25-year sales and business development executive, has joined CyberSheath Services International as vice president of sales. He will bring to the role over a decade of cybersecurity experience and help CyberSheath expand its client base and further build up the federal government’s supply chain, the company said Wednesday. CyberShea...
Tim Reed, a two-decade software industry veteran, has succeeded Gurjot Singh as CEO of Lynx Software Technologies, an endpoint security architecture provider backed by OceanSound Partners. Singh will remain with the company as a member of Lynx’s board of directors and an adviser on corporate strategy, the company said Wednesday. Reed joins the...
General Dynamics’ (NYSE: GD) land systems business has received a potential $1.14 billion contract to produce and deploy up to 96 Mobile Protected Firepower vehicles for U.S. Army infantry brigades. The award of the low-rate initial production contract came days after the Army completed the MPF middle-tier acquisition rapid prototyping stage and i...
Schneider Electric has formed a new team focused on meeting the energy infrastructure needs of U.S. federal government clients and named Jay Owen, a nearly three-decade company veteran, to lead the newly created team. Schneider Electric Federal will provide energy management and industrial automation offerings to government customers and design, mai...
Chevy Chase, Maryland-based Enlightenment Capital has raised $540 million from existing and new investors for the government market investment company’s fourth fund. The Fund IV capital was oversubscribed above its original cap of $500 million and target of $350 million, the company said Tuesday. Metric Point Capital served as the exclusive pl...
Dan Kent, former lead technologist for VMware‘s public sector business, has been named chief technology officer at technology and managed services provider Red River. Kent has more than two decades of experience leading growth and technology development initiatives for various companies that serve government customers, Red River said Tuesday. ...
Google has launched a new division to help U.S. federal, local and state government agencies and educational institutions advance their digital transformation efforts and bring its Google Cloud technology platforms to public sector organizations. Will Grannis, head of the office of the chief technology officer at Google, will lead Google Public Sect...
