Venkat Kodumudi, formerly a director at CGI (NYSE: GIB), has joined Unissant to serve as its chief technology officer and help scale its technology offerings in support of health and national security customers. The executive will be responsible for building on Unissant technologies to provide strategic and technical direction as well as securing ne...
A General Dynamics (NYSE: GD) subsidiary has received $600 million in two contract modification awards from the U.S. Navy for long-lead-time material required by the service branch’s replenishment oiler and sea platform ships. The first award to General Dynamics NASSCO is worth $500 million and covers equipment for the Navy’s T-AO 211 an...
Primus Aerospace, an aerospace and defense components manufacturer backed by Angeles Equity Partners, has acquired fabricated metal parts supplier Raloid in a push to enter the tier 1 business segment of the defense industry. Financial terms of the acquisition were not disclosed and Angeles Equity said Tuesday the acquired small business will ...
Jordan Parsons, an industry veteran with over 16 years of experience supporting federal civilian agency customers, has joined ICF (Nasdaq: ICFI) to oversee programs with the National Institutes of Health and the Food and Drug Administration as vice president for public health, GovCon Wire has learned. In this capacity, she will lead efforts to deliv...
TTM Technologies (Nasdaq: TTMI) has finalized its $330 million cash acquisition of Telephonics from Griffon (NYSE: GFF) and expects the transaction to build up its position in radar systems and expand its growth opportunities and strategic capabilities in the aerospace and defense market. Santa Ana, California-based printed circuit board maker TTM f...
Mercury Systems (Nasdaq: MRCY) has added GovCon industry veterans Howard Lance and Bill Ballhaus to its board of directors as part of cooperation agreements the defense and aerospace technology provider reached with two investors Mercury said Friday the agreements with Jana Partners and Starboard Value called for the temporary expansion of its board...
Portia Crowe, chief data strategist for defense and applied intelligence at Accenture Federal Services, was featured in a recent Executive Spotlight interview published Thursday. She talked about edge processing, resilient communications and other significant capabilities being developed to support warfighters. The Q&A also focused on emerging t...
The U.S. Space Force has awarded Lockheed Martin (NYSE: LMT) a $581.6 million contract to engineer legacy and modernized Global Positioning System satellites operating in orbit. Lockheed will collect data, resolve anomalies and perform cybersecurity work to support the Block IIR, IIRM, III and IIIF variants of the GPS constellation, the Department o...
Carey Smith, chairwoman, president and CEO of Parsons (NYSE: PSN), said the company has acquired eight companies in the past five years and adopted a deliberate strategy with a focus on “buying for technology differentiation,” Defense News reported Thursday. “Our focus largely to date has been on cyberspace and critical infrastructure protecti...
Software investor Insight Partners has named seven public sector leaders to its newly created government advisory board to advise the private equity firm on investment strategy and programs meant to further build up its portfolio companies that are supporting government clients. “Our inaugural GAB members come with different experiences across the...
