Michael Stahl, a 27-year aerospace market veteran, has joined Cubic‘s executive leadership team as senior vice president of integrated supply chain. He will report to Cubic President and CEO Stevan Slijepcevic and oversee supply chain processes at the defense technology contractor, the San Diego-based company said Monday. Stahl most recently s...
Terran Orbital (NYSE: LLAP) began trading common stock and warrants on the New York Stock Exchange Monday as a result of the Boca Raton, Florida-based small satellite builder’s merger with special purpose acquisition company Tailwind Two. The newly public company said Monday its revenue backlog sits at more than $200 million and will work to...
Investment firm KKR and Global Infrastructure Partners have closed their acquisition of data center operator CyrusOne for approximately $15 billion. Dave Ferdman, co-founder, president and CEO of CyrusOne, said in a statement published Friday the deal’s completion marks a new chapter for CyrusOne as the company continues its global expansion effor...
Xerox (Nasdaq: XRX) will supply multifunction printing devices to U.S. military customers under a $194 million contract from the Defense Logistics Agency. Possible users of the A3 and A4 equipment include the U.S. Navy, Military Sealift Command and Fleet Marine Forces and the Coast Guard, the company said Friday. The contract also provides for singl...
Katharyn White, vice president of IBM’s U.S. federal ecosystem, was featured in the most recent Executive Spotlight interview with ExecutiveBiz on Thursday. She talked about IBM’s growth push in the federal market as well as other company initiatives and technology capabilities in support of industry partners and government customers. He...
The defense subsidiary of Oshkosh (NYSE: OSK) has received an initial order from the U.S. Postal Service for 50,000 next-generation delivery vehicles worth $2.98 billion. Oshkosh Defense said Thursday the order includes at least 10,019 electric battery-powered vehicles and the remaining units will be built with low-emission internal combustion engin...
Nine companies have won spots on a $385 million multiple-award contract vehicle to help the U.S. Air Force carry out general construction projects at two military installations in Utah. The military branch received 16 offers for the indefinite-delivery/indefinite-quantity contract via a competitive acquisition process for services to Hill AF Base an...
U.S. Transportation Command will conduct a pre-proposal conference in April at Scott Air Force Base in Illinois to provide industry stakeholders an opportunity to know more about the potential five-year, $151 million Managed Information Technology Services contract. The MITS contract will provide technical, program management and strategic guidance ...
The State Department has approved a potential $175.98 million foreign military sale, through which Bahrain seeks assistance to update M270 Multiple Launch Rocket Systems manufactured by Lockheed Martin (NYSE: LMT). Bahrain wants to convert nine MLRS units into the M270 A1 configuration, spare parts and logistical and program support services through...
General Dynamics’ (NYSE: GD) information technology business has received a potential five-year, $95 million contract from AmeriCorps for enterprise IT services. GDIT said Thursday it will provide cloud, managed services, cybersecurity, digital modernization, security management, systems and application modernization and operations center support ...
