DCS is strengthening its position in the aerospace and defense markets with the acquisition of ARCTOS Technology Solutions. DCS said Thursday it will combine ARCTOS’ expertise in aerospace safety, propulsion, advanced manufacturing and technology transition with its engineering and technical services portfolio. “This acquisition ...
Sierra Space has closed a $550 million equity investment led by LuminArx Capital Management, bringing the defense technology company’s valuation to $8 billion. The Colorado-based firm said Thursday the investment also drew participation from existing investors, including General Atlantic, Coatue, Moore Strategic Ventures and Andalusian Privat...
Lockheed Martin has appointed Mark Kvasnak, currently vice president and chief financial officer of the company’s rotary and mission systems, or RMS, business area, as VP of investor relations, effective March 16. The Bethesda, Maryland-based aerospace and defense contractor said Thursday Kvasnak will succeed Maria Ricciardone, who will remain VP ...
General Atomics Electromagnetic Systems has named Mike Rucker as vice president of the weapons programs division. In his new role, Rucker will be in charge of the division’s day-to-day operations and the Missile Defense and Advanced Weapons System portfolio, the company said Wednesday. “I’m proud to help guide GA‑EMS’ weapons programs at a...
The U.S. Army has awarded General Motors subsidiary GM Defense an $18.8 million firm-fixed-price contract to supply Infantry Squad Vehicles, or ISVs, and related equipment. The Potomac Officers Club’s 2026 Army Summit on June 18 comes as programs like GM Defense’s Infantry Squad Vehicle production contract advance Army moderniz...
SentinelOne has appointed Sonalee Parekh, a veteran finance executive in the software and technology sector, as chief financial officer, effective March 24. As companies like SentinelOne strengthen leadership to drive innovation and growth in AI-powered cybersecurity, government and industry leaders continue to explore how emerging technologies are ...
B/CORE has strengthened its national security portfolio through the acquisition of Fuel Consulting, deepening its commitment to intelligence community and Department of War missions. How Will the Acquisition Expand B/CORE’s Capabilities? In a press release sent to GovCon Wire on Thursday, the national security technology company stated that the tr...
The U.S. Navy has awarded Client Solution Architects, a global provider of integrated technology and operational support services, a three-year, $16 million contract to provide enterprise technical services. The Potomac Officers Club’s 2026 Navy Summit on Aug. 27 will gather senior Navy leaders, defense officials and industry executives t...
Beavercreek, Ohio-based FTI Defense has appointed Matt Salter, a government technology industry veteran, as chief growth officer. FTI Defense CEO Jose Hidalgo welcomed Salter’s addition to the company’s senior executive team in a statement published Tuesday. “Matt’s skills and experience will be instrumental in accelerating t...
Lockheed Martin’s rotary and mission systems business has received a potential 13-year, $1.9 billion contract from the U.S. Air Force to continue production and support of training systems for the C-130J Super Hercules aircraft. As the Air Force continues investing in platforms like C-130J and training systems that sustain mission readiness, g...
