Tomorrow.io, a startup developing radar-equipped satellites for weather and climate forecasting, has agreed to merge with special purpose acquisition company Pine Technology in a deal both parties expect to close in the first half of 2022. The boards of directors at the two companies have approved the transaction that would take Boston-based Tomorro...
The Naval Facilities Engineering Systems Command has issued an $800 million modification to a multiple-award contract with five companies that provide incidental construction and other global contingency services to the U.S. military. KBR (NYSE: KBR), Vectrus (NYSE: VEC), IAP and ECC joint venture, Fluor (NYSE: FLR) and AECOM (NYSE: ACM) will share ...
The U.S. Space Force has released a request for proposals for a potential $99.57 million contract to provide repair, maintenance and modernization support for aging facilities, real property and equipment in support of Western Range operations, tests and launch missions at Vandenberg Space Force Base in California. The Launch Operations Support Cont...
Raja Maharajh, most recently chief of staff to Raytheon Technologies (NYSE: RTX) Chairman and CEO Greg Hayes, has been appointed general counsel of the Waltham, Massachusetts-based defense and aerospace company. He succeeds Frank Jimenez and will oversee legal and regulatory functions that include corporate governance and transactions, litigation, c...
An ASRC Federal subsidiary has won a potential nine-year, $225.5 million contract to perform mission assurance support work for a U.S. Space Force program that provides full launch service capability to the Department of Defense and other federal agencies. ASRC Federal Space & Defense will help the military branch engineer, integrate, verify and...
Fairbanks Morse Defense has acquired U.K.-based davit manufacturing company Welin Lambie in a move to grow FMD’s portfolio of products designed for marine customers such as the U.S. Navy and Marine Corps. Arcline Investment Management-backed FMD said Wednesday it made the acquisition to also offer equipment that could support craft launch and ...
GovCon Wire Events hosted its Defense Acquisition Priorities Forum on Tuesday, during which prominent leaders in the public and private sectors spoke on the advanced technologies, areas of interest and urgent challenges impacting procurement and acquisition strategies within the Department of Defense as well as how industry can help drive innov...
Systems Planning and Analysis holds a position on one of the 10 pools that compose a multiple-award General Services Administration contract vehicle for technology platforms and services intended to support the Department of Defense’s multidomain battlespace operations. “The ASTRO award provides additional opportunities for our mission-focus...
Satellite imagery and geospatial data provider Planet Labs began trading on the New York Stock Exchange Wednesday after completion of its merger with special purpose acquisition company dMY Technology Group and registered the combined entity as a public benefit corporation. Planet Labs PBC (NYSE: PL) said Wednesday it intends to use the $590 million...
CEOs from six cryptocurrency companies testified before the House Financial Services Committee Wednesday calling on Congress to come up with clearer and bespoke regulations on the virtual currency, Reuters reported. “Without tailored legislative solutions that are openly debated with public participation, the United States risks unnecessarily ...
