ExecutiveBiz featured John Vollmer, CEO of Amentum and a 2022 Wash100 Award recipient, in its most recent Executive Spotlight interview published Tuesday. He discussed the impact of acquiring DynCorp and PAE on Amentum’s transformational growth efforts, the recent contract awards from the U.S. Navy and Department of Energy, as well as the comp...
The Department of Defense has released a report that provides an overview of the state of competition in the defense industrial base and offers recommendations to promote competition in the DIB. The five recommendations outlined in the report are strengthening merger oversight; addressing intellectual property limitations; increasing new entrants; i...
Five companies hold positions on a five-year, $250 million contract to develop electronic warfare threat simulation and radar systems for U.S. Navy aircrew. Contractors will compete to help the military branch implement simulators and instrumentation to train naval aviation personnel in network-centric warfare and battlefield scenarios before their ...
Aerospace and defense electronics supplier Emcore (Nasdaq: EMKR) has signed an approximately $5 million cash deal to acquire the space and navigation unit of L3Harris Technologies (NYSE: LHX). Emcore said Tuesday it aims to expand the company’s inertial navigation technology offerings, add design and test equipment for space applications and c...
Bryan Brew, a two-decade public and private sector veteran, has been named vice president of growth pipeline execution and strategy at Client Solution Architects. He will be responsible for identifying and qualifying new business opportunities, developing market and account plans and operating CSA’s service center for indefinite-quantity/indef...
Melissa Taylormoore, formerly vice president and deputy chief legal officer at Constellis, has been promoted to chief legal and compliance officer at the Herndon, Virginia-based risk management services provider. She will be responsible for litigation, contracts, investigations, corporate governance, health and safety, ethics, environment and intern...
Intel (Nasdaq: INTC) has agreed to acquire Tower Semiconductor (Nasdaq: TSEM) for $53 per share in cash, or approximately $5.4 billion, in a transaction that will create an end-to-end foundry to meet the increasing demand for semiconductors worldwide. The boards of the two companies have unanimously approved the deal that is expected to be completed...
NASA has announced funding and collaboration opportunities for companies that want to help the agency mature technologies for use in future space missions in near-Earth and lunar destinations. The agency said Tuesday it will award as much as $200 million in Space Act Agreement funds through the Tipping Point initiative, which has supported 50 projec...
Trace Systems has won a five-year, $181.6 million contract from the Defense Information Systems Agency to provide communications equipment certified by Iridium (Nasdaq: IRDM) and 24/7 help desk support to customers of DISA’s Enhanced Mobile Satellite Services program. The agency offers EMSS to the Department of Defense, other federal agencies,...
Gregg Burgess, former chief technology officer of the space systems business at Sierra Nevada Corp., been appointed vice president for space systems within General Atomics‘ electromagnetic systems group. He will oversee GA-EMS’ portfolio of satellite systems and space technologies designed to work with laser-based radiofrequency and optical ...
