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Mynaric, a Germany-based maker of laser communications systems for government and commercial aerial and spaceborne applications, targeted to raise $75.9 million through an initial public offering of 4 million American depositary shares at a price of $16.50 apiece. Mynaric said Friday it kicked off trading on the Nasdaq Global Select Market under the...

B&A has partnered with Nutanix (Nasdaq: NTNX) to offer a hybrid multi-cloud platform in the federal sector as both companies aim to help agencies modernize information technology environments. B&A said Monday it will help bring the Nutanix Cloud Platform, along with automation and self-service offerings, to the government through the latter&...

BAE Systems has agreed to acquire Bohemia Interactive Simulations for an undisclosed amount in a move to expand training products and services for the defense sector. Orlando, Florida-headquartered BISim has more than 325 employees worldwide and offers game-based software platforms built to support military readiness programs, BAE said Thursday. DLA...

TYSONS CORNER, VA, Nov. 12, 2021 — Anthony Robbins, vice president of the federal business at NVIDIA and a four-time Wash100 Award recipient, said the company and Lockheed Martin (NYSE: LMT) are looking to use artificial intelligence and digital-twin simulation to help federal and state forest service organizations better understand wildfires and ...

Atlas Executive Consulting has won a potential $241.9 million contract from the U.S. Navy to analyze data and conduct financial reviews for Naval Information Warfare Center Atlantic. The company will also help NIWC Atlantic create and maintain data universes, develop metrics and prepare documents under the indefinite-delivery/indefinite-quantity con...

TYSONS CORNER, VA, Nov. 12, 2021 — Roger Krone, chairman and CEO of Leidos (NYSE: LDOS) and eight-time Wash100 Award recipient, underscored the progress the company has made on its sustainability goals to date as Leidos released its new environmental, social and governance objectives for 2030, ExecutiveBiz reported Wednesday. Next Level Leidos hig...

Lockheed Martin (NYSE: LMT) reportedly will manufacture three more GPS III Follow-On military communications satellites under a $737 million contract option from the U.S. Space Force, SpaceNews reported Thursday. USSF ordered space vehicles 15, 16 and 17 as part of a potential $7.2 billion GPS IIIF fixed-price-type production contract the U.S. Air F...

Potomac Officers Club hosted its The Cost of AI Forum, the latest event in the Data-Driven 2021 Series, on Tuesday to bring together the elite public and private sector leaders to explore the challenges and opportunities involved with integrating innovative AI solutions and infrastructures as organizations work to keep pace with evolving adversarial...

A team of Babcock International Group, Elbit Systems’ U.K. subsidiary and QinetiQ has received a potential 13-year, $133.8 million contract to design, produce and deliver electronic warfare systems to the U.K. naval force. The industry team will integrate, support and update the Royal Navy’s sensor systems, radar electronic support measures and ...

Science Applications International Corp. (NYSE: SAIC) and Serco’s U.S. subsidiary have secured separate contracts to provide engineering support, test, product development and ship and systems integration services for the U.S. Navy’s Program Executive Office, Integrated Warfare Systems. SAIC will deliver services to PEO IWS 1.0 and 9.0 under a p...