Centene (NYSE: CNC) has secured all required regulatory clearances to complete its acquisition of Magellan Health (Nasdaq: MGLN) and both parties expect the transaction to close on Jan. 4, Tuesday. “Our combined company will have expanded reach in a variety of specialty services and will provide increased access to behavioral health care during a ...
MicroStrategy (Nasdaq: MSTR) paid $94.2 million in cash to buy another 1,914 Bitcoins between Dec. 9 and Dec. 29, bringing the Tysons, Virginia-based software company’s total Bitcoins to up to 124,391 units valued at approximately $3.75 billion, the Washington Business Journal reported Thursday. MicroStrategy’s final 2021 purchase represented $4...
ExecutiveBiz featured John Wasson, CEO of ICF and a two-time Wash100 Award recipient, in its most recent Executive Spotlight interview published Thursday. He talked about the company’s growth driven by key acquisitions, focus on public health and more. Here’s an excerpt from the interview with Wasson discussing ICF’s acquisition of ESA...
Corey Frayer, formerly a senior professional staff member of the Senate Banking Committee, has joined the Securities and Exchange Commission to advise SEC Chairman Gary Gensler on cryptocurrency-related policy and interagency matters. SEC announced Thursday the appointment of Frayer to a senior advisory role and three legal professionals to operatio...
The U.S. Air Force has awarded Canadian Commercial Corp. a seven-year, $70 million contract to extend contractor logistics support to electro-optical infrared sensors installed on the branch’s AC-130 gunship fleet. The firm-fixed-price contract to CCC will include field-level repair, troubleshooting and operator familiarization training servic...
Executive Mosaic’s flagship GovCon Wire will bring together top space acquisition experts from the government and industry at a Jan. 19 virtual forum to offer insight into the Defense Department’s priorities and modernization efforts in the space domain. David Ray, senior vice president of operations and lead for the space business unit ...
Boeing (NYSE: BA) has secured a $471.3 million contract from the U.S. Air Force to help update Japan’s F-15 Eagle fleet. The company will develop a suite of aircraft systems and four weapon training systems for the F-15 Japan Super Interceptor Program, the Department of Defense said Thursday. Work will be conducted in St. Louis...
ST Engineering’s shipbuilding business in Pascagoula, Mississippi, has received a $552.7 million contract modification from the Department of the Navy to design and build a second polar security cutter for the U.S. Coast Guard. The Navy exercised an option on a potential $1.94 billion contract originally awarded to VT Halter Marine in April 20...
Lockheed Martin (NYSE: LMT) has received a $102.4 million contract from the U.S. Army to produce components and spares of the Apache attack helicopter’s updated sensor system. The military service is procuring the hardware items for the Modernized Target Acquisition Designation/Pilot Night Vision Sensor System from the company’s missiles...
Virgin Orbit is set to kick off trading Thursday, Dec. 30, on Nasdaq after it completed its merger with blank check company NextGen Acquisition Corp. II (Nasdaq: NGCA). Shareholders at special purpose acquisition company NextGen approved the business combination on Tuesday and the combined entity will operate as Virgin Orbit Holdings and list its co...
