Joseph Dunford, a retired U.S. Marine Corps general and senior managing director at Liberty Strategic Capital, has joined the board of directors of Satellogic (Nasdaq: SATL). “Drawing on his distinguished career as a national security leader, General Dunford will offer invaluable perspective and insight as Satellogic works to unlock high-resolutio...
Advanced Micro Devices (Nasdaq: AMD) has closed its purchase of Xilinx in an all-stock deal worth approximately $35 billion, creating a new high-performance and adaptive computing company with a combined portfolio of field programmable gate arrays, central processing units, adaptive SoCs and graphic processing units. The acquisition of Xilinx will e...
Stacy Cleveland, senior vice president of client delivery at Pyramid Systems since April 2021, will assume new leadership positions as the company’s president and chief operating officer on Wednesday. She will take over the president role from Sherry Hwang, who will become a principal of the Fairfax, Virginia-based government technology contra...
Lockheed Martin (NYSE: LMT) has decided to drop a $4.4 billion deal to acquire Aerojet Rocketdyne (NYSE: AJRD) nearly three weeks after the Federal Trade Commission filed an antitrust lawsuit to block the planned merger citing the proposed transaction’s impact on competition. Jim Taiclet, chairman, president and CEO of Lockheed, said in a statemen...
John Cooper, senior vice president of Global Government and Defense at AAR, was featured in the most recent Executive Spotlight interview with ExecutiveBiz on Thursday. He discussed the company’s growth and success heading into 2022, strategic goals in the government and defense sectors for the coming year as well as its recent $365M contract ...
Shareholders at PAE (Nasdaq: PAE) approved Thursday the proposed combination with Amentum and both parties expect the transaction to close Tuesday, Feb. 15. Falls Church, Virginia-based PAE said Thursday holders of over 86 percent of its outstanding common stock were in favor of the merger and that all approvals needed to finalize the transaction ha...
NASA has awarded Lockheed Martin (NYSE: LMT), QinetiQ‘s space business and Space Flight Laboratory positions on the agency’s $6 billion procurement vehicle for spacecraft systems and related services through an on-ramp contracting procedure. The three awardees can vie for firm-fixed-price delivery orders from NASA centers and other feder...
The State Department has approved a potential sale to Indonesia of F-15 fighter aircraft built by Boeing (NYSE: BA) and associated equipment through an estimated $13.9 billion government-to-government agreement with the U.S. Indonesia’s foreign military sales request includes 36 F-15ID jets, 87 F110-GE-129 or F100-PW-229 engines, 92 embedded G...
The Joint Artificial Intelligence Center has announced that U.S. Army Contracting Command awarded 79 companies spots on a blanket purchase agreement to provide test and evaluation capabilities to support the development of ethical and responsible AI systems across the Department of Defense. The BPA awarded on behalf of JAIC will establish test and e...
AT&T (NYSE: T) has won a potential 10-year, $78 million contract from the Defense Information Systems Agency to provide voice internet services to several unified combatant commands outside the continental U.S. The Defense Information Technology Contracting Organization at Scott Air Force Base in Illinois is the contracting activity and received...
