Cryptocurrency mining company Marathon Digital Holdings (Nasdaq: MARA) will issue $650 million of 1 percent convertible senior notes due 2026 in a private offering. The company said Monday it gave the initial buyers of the notes an option to purchase up to an additional $97.5 million notes. Marathon previously announced an offering of $500 million...
Stephen Ambrose, chief climate scientist of Science Applications International Corp., will moderate a fireside chat session with Michael Berkowitz, a founding principal of Resilient Cities Catalyst, at GovConWire’s virtual forum on Thursday, Nov. 18. Ambrose was appointed to his current role in July and oversees an SAIC program aimed at helpin...
Six small businesses have won spots on a five-year, $499 million contract to support construction projects within Naval Facilities Engineering Systems Command‘s Hawaii area of responsibility. NAVFAC received 14 proposals for the multiple-award, indefinite-delivery/indefinite-quantity contract via a competitive bidding process on SAM.gov and wi...
Arlington, Virginia-based Buchanan & Edwards has acquired cyber services provider RenXTech for an undisclosed sum in a push to expand BE’s footprint across national security programs. BE said Tuesday it will merge the acquired business with the company’s R2C subsidiary to pursue mission support opportunities in the government. RenXTe...
Rick McConnell, president of Akamai Technologies and general manager of the company’s security technology group, has been named CEO of Dynatrace (NYSE: DT) in a move that takes effect Dec. 13. He will succeed John Van Siclen, who will support the transition as a consultant through May 31, 2022, the company said Monday. McConnell joined...
Rocket Lab USA (Nasdaq: RKLB) has agreed to acquire Planetary Systems Corp. in a cash-and-stock transaction to further build up its space systems business and end-to-end offerings across launch and space hardware markets. Rocket Lab said Monday it agreed to pay $42 million in cash and 1,720,841 in shares of common stock to buy PSC...
Graham Smith, chair of Splunk‘s (Nasdaq: SPLK) board of directors, has assumed an additional role as interim CEO at the San Francisco-based data analytics company. Doug Merritt, who held the president and CEO positions over the past six years, will stay at Splunk as an adviser to help facilitate a smooth transition, the company said...
TYSONS CORNER, VA, Nov. 15, 2021 — Carahsoft Technology will use its Information Technology Enterprise Solutions – Software 2 and OMNIA Partners contracts to market Flashpoint-made cyber threat intelligence offerings to government customers, ExecutiveBiz reported Thursday. “We look forward to working with Flashpoint and our reseller partners t...
TYSONS CORNER, VA, Nov. 15, 2021 — Iridium Communications (Nasdaq: IRDM) has launched a midband satellite service capable of supporting telemetry reporting, media sharing and other activities of government, maritime, land mobile and aviation customers, ExecutiveBiz reported Thursday. “Our new Iridium Certus 100 midband service is designed for ap...
The National Oceanic and Atmospheric Administration has asked vendors to submit information about space weather data offerings as the agency looks to expand its information-gathering platforms. NOAA said Wednesday it will use input from the commercial sector to plan future pilot studies and acquisition programs. The agency is interested in learning ...
