Boeing (NYSE: BA) has received a $397.9 million sole-source contract to move into the second phase of an airborne warning and control system aircraft modernization program for Saudi Arabia’s air force. The company will provide production, training, installation and checkout services to ensure interoperability of the Saudi E-3 AWACS fleet with ...
Godspeed Capital Management, a government market-focused private equity firm, has invested in cybersecurity and intelligence services provider Varen Technologies for an undisclosed sum. Marty Leshin will continue to lead Varen as president and CEO as the company works with its investor in market footprint expansion and acquisition pursuit initiative...
Chris Schwalm, executive director of the national security sector at Customer Value Partners, has been promoted to senior vice president of technology services for CVP’s public sector business, G2Xchange FedCiv reported Thursday. In his previous role, Schwalm led the company’s work with the departments of State and Homeland Security and ...
Kelly Baldwin, a former vice president at GRSi, has been promoted to serve as senior VP for the enterprise technology company’s defense programs. The appointment makes Baldwin GRSi’s first SVP and continues his company tenure that began in 2015, the company said Thursday. He will also retain his role as general manager of GRSi’s Charle...
Aerospace propulsion technology development company SPARC Research has entered into an agreement to acquire Design Integrated Technology, a manufacturer of equipment for testing propellants. Both companies are headquartered in Warrenton, Virginia, and expect to close the transaction in early 2022, SPARC said Thursday. Founded in 1988, DIT produces H...
Blue Delta Capital Partners has raised $215 million for its third fund and plans to use it to make growth-stage equity investments in federal government services providers in return for non-controlling ownership positions in such companies. The Tysons, Virginia-based venture capital firm said Wednesday the oversubscribed Blue Delta Capital Fund III ...
Six senators have urged Treasury Secretary Janet Yellen to issue informal guidance providing the definition of “broker” of cryptocurrency and other digital assets in a provision of the Infrastructure Investment and Jobs Act. Section 80603 of the law seeks to “provide more certainty for Americans looking to invest in these digital assets, ensur...
The U.S. Air Force has awarded an $88.3 million contract to General Dynamics‘ (NYSE: GD) ordnance and tactical systems business to produce cannon guns for the F-16 weapon system. The AF Life Cycle Management Center will obligate $7.85 million in foreign military sales funds for the initial order of 20mm M61A1 Vulcan artillery from General...
H.R. McMaster, a retired U.S. Army lieutenant general and former national security adviser, has joined the advisory board of Redwood City, California-based artificial intelligence software company C3 AI. “Enterprise AI is important to national security,” McMaster said in a statement released Wednesday. “I am grateful for the opportunity to sup...
SkyePoint Decisions has received $52 million task order to provide cybersecurity risk management and compliance services for the Department of Education’s Office of Federal Student Aid. The company said Wednesday it will identify, analyze and review cyber risks to key FSA enterprise information systems and help the office implement a security ...
