President Joe Biden intends to nominate Frank Calvelli, a senior vice president at Booz Allen Hamilton (NYSE: BAH), to be assistant secretary of the Air Force for space acquisition. Calvelli has 34 years of intelligence community experience that includes service at the National Reconnaissance Office, the White House said Wednesday. He worked as NRO&...
Virgin Orbit has purchased a 17.5 percent stake in hyperspectral satellite imaging company Hypersat in a move to expand the California-headquartered launch services provider’s space business. California-based Virgin Orbit said Wednesday it made the investment to provide critical information to customers for use in various missions such as defe...
ManTech International (Nasdaq: MANT) has promoted its federal health executive Sarah Carter to vice president of growth for the company’s federal civilian sector, G2xchange FedCiv reported Wednesday. Carter is a more-than-two-decade industry veteran with experience in the design, implementation and administration of technologies and services i...
NuScale Power has agreed to merge with blank check company Spring Valley Acquisition (NASDAQ: SV) in a transaction that would take the Fluor-backed (NYSE: FLR) company public and help commercialize its small modular reactor technology. Fluor said Tuesday it has invested over $600 million in NuScale since 2011 and expects to own about 60 percent...
Vikram Manikonda, an industry veteran with more than 20 years of experience in the government contracting industry, has been appointed chief technology officer of BlueHalo, effective Jan. 1. BlueHalo said Wednesday Manikonda spent more than two decades at the company’s technology innovation subsidiary Intelligent Automation Inc., where he most rec...
Michael Saylor, CEO of software company MicroStrategy (Nasdaq: MSTR), will give his perspective on the trends shaping the future of cryptocurrency during a fireside chat session at the Potomac Officers Club’s upcoming Digital Currency and National Security Forum. He co-founded MicroStrategy in 1989 with the goal of helping enterprises gain act...
Six companies have secured contracts worth potentially $40 million combined to help NASA’s Ames Research Center develop rotorcraft vertical lift technologies. Tasks under the five-year hybrid contracts are scheduled to commence on Tuesday and will continue through Dec. 20, 2026, the space agency said Wednesday. Contractors will provide resourc...
Leidos (NYSE: LDOS) has secured a potential $61.5 million prime contract to perform a range of services in support of the Cybersecurity and Infrastructure Security Agency’s nationwide safety efforts. The company said Tuesday it will work under the Priority Services Scientific, Engineering and Technical Assistance contract to address CISA’...
Competitive Range Solutions, a Chicago-based small business, has won a potential $400 million contract to refresh technology for the Department of Defense’s global infrastructure used to collect, store and disseminate information to military personnel. CRS will perform technical support work for the DOD Information Network/Defense Information ...
Kevin Kelly, a three-decade defense and intelligence industry leader, has been named chairman and CEO of Arcfield, formerly known as CTFV Acquisition and a portfolio company of Veritas Capital-backed Vantage Fund. Kelly previously worked at CACI International (NYSE: CACI) as president of the company’s national security and innovative solutions sec...
