Mark Bendza, former head of investor relations at Honeywell International (Nasdaq: HON), has joined cybersecurity services provider Telos (Nasdaq: TLS) as executive vice president and chief financial officer. He replaces Michele Nakazawa, who has held the CFO role over the past 17 years and will remain part of Telos’ senior executive team to e...
GlobalFoundries has announced plans to build a new manufacturing facility in Malta, New York, and invest $1 billion to support the annual production of additional 150,000 wafers at its existing Fab 8 facility to help address the current chip shortage. The company said Monday it expects the new fab to result in the creation of...
The U.S. Marine Corps has picked a Textron (NYSE: TXT) business segment and General Dynamics’ (NYSE: GD) land systems business to start contract negotiations to develop prototypes of the Advanced Reconnaissance Vehicle. Army Contracting Command – Detroit Arsenal will award other transaction agreements for the ARV prototyping effort through the N...
The U.S. Navy’s Naval Sea Systems Command is seeking information on companies capable of providing scientific, engineering and technical services in support of the lifecycle of training systems based on synthetic signature generation technology. NAVSEA Naval Surface Warfare Center, Carderock Division, will use the mentioned services to design,...
Momentus has appointed former executives at the Export-Import Bank of the U.S., Raytheon Technologies (NYSE: RTX) and Lockheed Martin (NYSE: LMT) to serve on the board of directors for the publicly traded space infrastructure services company that will result from Momentus’ planned merger with Stable Road Acquisition Corp. (Nasdaq: SRAC). Kimb...
Avantus Federal has purchased Occam’s Razor Technologies for an undisclosed amount to further expand its cyber capabilities and offerings for federal government clients. Reston, Virginia-based ORT has been providing cyber tools, integrated software platforms and other technologies in support of defense, intelligence and national security missions ...
The Naval Facilities Engineering Systems Command has selected six companies to compete for construction and engineering task orders to support the U.S. government’s emergency response missions worldwide under a potential $5 billion multiple-award, indefinite-delivery/indefinite-quantity contract. Contractors will provide supervision services a...
Steve Orrin, federal chief technology officer at Intel (Nasdaq: INTC), said government agencies should adopt data encryption capabilities to protect classified information from breaches and one of the encryption innovations they can use now is confidential computing. “Confidential computing works by having the CPU reserve a section of memory...
President Joe Biden has nominated Maj. Gen. Michael Guetlein to serve as the first commander of Space Systems Command, which is set to officially stand up this summer and be in charge of acquiring space systems intended to boost joint force lethality. Guetlein, who has served as deputy director of the National Reconnaissance Office since...
Huntington Ingalls Industries (NYSE: HII) has secured a nearly $273 million indefinite-delivery/indefinite-quantity contract to help the U.S. Navy maintain aircraft carriers and surface ships. Under the five-year contract, HII’s fleet support group will support repair and overhaul planning activity for ship equipment and systems, the Departmen...
