VTG has purchased Manassas, Virginia-based undersea warfare and unmanned system developer ASSETT in a deal that brings artificial technology applications to the former’s portfolio of naval systems. Financial terms of the deal were not disclosed and the acquired company will function as a center of excellence for product development within the ...
Rocket Lab USA started trading Wednesday on Nasdaq under the ticker symbol “RKLB” after completing its merger with blank check company Vector Acquisition that was first announced in March. The transaction’s completion came days after shareholders at the Vector Capital-backed special purpose acquisition company approved the business combina...
The State Department has named Raytheon Technologies (NYSE: RTX) as principal contractor on a potential $350 million foreign military sale of defense services to Australia, in preparation for future orders of company-built Standard Missile systems and associated equipment. Raytheon would develop, engineer, integrate and test SM-6 Block I and SM-2 Bl...
InVeris Training Solutions has moved to grow its virtual reality training products for the law enforcement sector through the acquisition of Dallas-based VR technology provider SURVIVR. InVeris said Wednesday it looks to create a 3D-based training platform by integrating the company’s BlueFire weapons simulator with SURVIVR technology. Al Wegg...
Booz Allen Hamilton (NYSE: BAH) and Ball Aerospace has won positions on a $200 million multiple-award contract to help the Air Force Research Laboratory develop technologies to avoid a cyber attack on military avionics systems. The two companies will conduct research and development efforts with the goal of identifying and mitigating cyber vulnerabi...
A BAE Systems unit has secured an $843.9 million contract modification from the U.S. Army to provide life cycle contractor support for a capability under the service branch’s next generation aircraft missile warning system program. The action requires BAE Systems Information and Electronics Systems Integration to conduct LCCS work for the Limi...
Lockheed Martin (NYSE: LMT) will continue to help the Indian air force maintain Super Hercules tactical airlifters under a five-year, $328.8 million direct commercial sale contract. The follow-on agreement includes program management, engineering and logistics support, contractor furnished equipment, software and publication services necessary to ad...
Robert Dapkiewicz, senior vice president and general manager of MetTel‘s federal business, was featured in the most recent Executive Spotlight interview with ExecutiveBiz on Tuesday. He discussed the company’s upcoming 25th anniversary and the last decade of growth in the federal sector, its efforts to differentiate itself in the current...
Sharon O’Malley Burg, a federal information technology industry veteran and business consultancy executive, has joined the board of advisers of Reston, Virginia-based IT systems integrator Intelligent Waves. O’Malley Burg brings three decades of industry experience to IW’s board and will support its growth and market expansion initiatives,...
The U.S. Army has issued a solicitation for a potential five-year, $1.49 billion contract to procure remote weapon systems mounted on mobile and stationary platforms. The RWS program will enable to service to continue to acquire spare parts, engineering, sustainment and product integration support to meet existing and future requirements of the Comm...
