Jeff Trauberman, vice president of government affairs at VOX Space, was featured in the most recent Executive Spotlight interview with ExecutiveBiz on Thursday. He talked about the recent company growth efforts, the collaboration of its capabilities with international space partners and the advancement of space technology. Trauberman also discussed ...
Intelsat has secured $6.7 billion in new funds and reduced its debt by more than 50 percent after the satellite operator completed its financial restructuring process. The company said Wednesday its new financing sources are secured notes, a term loan and a revolving credit facility. Under a reorganization plan, Intelsat lowered its debt from about...
A General Dynamics (NYSE: GD) subsidiary has secured a $108.2 million contract modification from the U.S. Navy to repair, maintain and modernize the USS Hartford attack submarine. Electric Boat will perform this work in Groton, Connecticut, through June as part of an engineered overhaul effort under the “Smart Start” program, the Department of D...
AE Industrial Partners has agreed to buy a significant stake in Firefly Aerospace from Noosphere Venture Partners for an undisclosed sum to further expand its portfolio of space technology companies. AEI said Thursday Cedar Park, Texas-based Firefly, which develops in-space and launch vehicles for small payloads, closed a round of Series A financing...
Four small businesses have won spots on a five-year, $120 million contract to facilitate training and development services for U.S. Army personnel. Twenty-three bids were submitted to the Army Field Directorate Office at Fort Eustis in Virginia for the firm-fixed-price contract via an online solicitation, the Department of Defense said Thursday. All...
Gunnison Consulting Group has acquired cybersecurity platforms provider Centerpoint for an undisclosed sum to expand information technology service offerings for the federal government. Gunnison CEO Gil Dussek said in a statement released Thursday the transaction adds cybersecurity skills to the company’s portfolio and the combined organizatio...
Maxar Technologies (NYSE: MAXR) reported $468 million in revenues during the fourth quarter of 2021 and $1.77 billion in consolidated revenues for the full year ended Dec. 31, reflecting an increase of $47 million from the previous year. The Westminster, Colorado-based space technology company said Tuesday the rise in full-year 2021 revenue was driv...
Northrop Grumman (NYSE: NOC) will help the U.S. Space Force build and test a ground-based radar system for object detection and monitoring in deep space under a $341 million contract. The company said Wednesday it aims to complete the delivery of USSF’s first Deep-Space Advanced Radar Capability to an Indo-Pacific location sometime in 2025. Fo...
George Pedersen, co-founder of ManTech International (Nasdaq: MANT), has retired as a member of the board and chairman emeritus after a five-decade career with the Herndon, Virginia-based defense contractor. He helped establish ManTech in 1968 with a U.S. Navy contract for simulation and modeling services, the company said Wednesday. “I want to th...
GovCon Wire Events’ timely Information Security and Innovation Forum on Wednesday brought together prominent figures across government and industry to discuss how public and private sector organizations are working together to better fortify the United States’ critical information security and cybersecurity capabilities in response to the heigh...
