D-Orbit has agreed to merge with blank check company Breeze Holdings Acquisition (Nasdaq: BREZ) in a transaction that would result in the Italy-based space logistics provider becoming a publicly traded company. The boards of directors of both companies unanimously approved the deal that is expected to wrap up in the second or third quarter of...
Comtech Telecommunications (Nasdaq: CMTL) has formed two business units in North America to explore market opportunities in the region for satellite ground stations and expand work with U.S. and allied governments. Daniel Gizinski, who has held senior management roles at Comtech since 2019, will serve as president of the U.S.-based subsidiary that w...
Torch.AI has acquired data extraction software company B23 for an undisclosed sum and announced the appointment of Brad Kolarov, founder and managing partner at B23, as a vice president. “The acquisition of B23 expands our current work supporting the U.S. Navy in extraordinary ways,” Brian Weaver, chairman and CEO of Torch.AI, said in a statemen...
A joint venture between construction firms Gilbane and Exyte has won a three-year, $278.6 million contract to build an advanced compound semiconductor laboratory at Hanscom Air Force Base in Bedford, Massachusetts. The JV will also construct a facility for microsystem integration activities as part of the firm-fixed-price contract, the Department of...
Tina Kuhn, a more than three-decade government contracting industry veteran, has been named president of Maryland-based software engineering and cybersecurity company Proximas Group. In her new role, Kuhn will steward acquisition and integration pursuits intended to grow Proximas’ portfolio of technology and engagement offerings for the intelligen...
CACI International (NYSE: CACI) has acquired ID Technologies from investment firm The Acacia Group for approximately $225 million as part of efforts to expand its secure network modernization capabilities in support of Department of Defense, Intelligence Community and federal civilian agency customers. ID Technologies is an Ashburn, Virginia-based p...
L3Harris Technologies (NYSE: LHX) has won a potential 10-year, $750 million contract to provide the U.S. Marine Corps multichannel handheld radios for integration with joint light tactical vehicles and high mobility multipurpose wheeled vehicles. Marine Corps Systems Command is the contracting activity and received two offers for the firm-fixed-pric...
Satellogic, which aims to provide geospatial data to the government and commercial sectors, went public Wednesday following the completion of the satellite imagery provider’s merger with a Cantor Fitzgerald-backed special purpose acquisition company. The combination with CF Acquisition Corp. V, which was first announced in July 2021, would bri...
Blue Origin has agreed to acquire advanced robotics manufacturer Honeybee Robotics from technology conglomerate Ensign-Bickford Industries for an undisclosed amount. Once the deal is completed in mid-February, Honeybee will operate as a wholly owned subsidiary of Blue Origin while retaining its brands, leadership team, offerings and business process...
Federal Advisory Partners, a Sagewind Capital portfolio company, has purchased Favor TechConsulting for an undisclosed sum to further advance the delivery of information technology and integrated management consulting support to federal sector clients. Tim Borchert, CEO of Federal Advisory Partners, said in a statement published Tuesday the two comp...
