Intel (Nasdaq: INTC) is in discussions to acquire GlobalFoundries for approximately $30 billion, The Wall Street Journal reported Thursday. GlobalFoundries is a semiconductor company based in Malta, New York, that was established after Advanced Micro Devices (Nasdaq: AMD) decided to spin off its chip manufacturing operations. The company is now owne...
Planet Labs‘ federal business arm will continue providing defense and intelligence agencies with access to Earth surface imagery collected by its constellation of Dove and SkySat satellites. The extended partnership between the National Reconnaissance Office and Planet Federal is under a renewed contract that also provides for SkySat video cap...
A new IBM (NYSE: IBM) study says government information technology leaders said they expect agencies to make cybersecurity spending a priority for fiscal year 2022 amid the recent cyberattacks. IBM said Thursday it commissioned Morning Consult to survey more than 500 current and former U.S. government IT decision makers in June and found that more...
The U.S. Navy has awarded 600 companies spots on the SeaPort Next Generation contract vehicle for engineering and program management support services. The move marks the expansion of the current pool of vendors competing for task orders across 23 functional areas as part of a rolling admissions process launched in January for the SeaPort-NxG indefin...
A new McAleese & Associates report says U.S. Air Force officials addressed questions raised by lawmakers over the F-35 program during the House Armed Services tactical air and land forces subcommittee hearing on fiscal year 2022 fixed-wing aircraft programs Tuesday. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winn...
Leonardo DRS‘ land electronics business has secured a $105 million delivery order to supply additional mission common computing systems to the U.S. Army as part of the service branch’s combat vehicle and command post modernization efforts. This order is the third for Leonardo DRS under the Mounted Family of Computer Systems II contract, ...
Darrell Williams, a Leidos (NYSE: LDOS) vice president and a retired U.S. Army lieutenant general, was appointed to oversee the Logistics Commodities and Services Transformation Program, which the company manages on behalf of the U.K.’s defense ministry. As Leidos VP and managing director of LCST initiative and logistics division, Williams wil...
Lockheed Martin (NYSE: LMT) has received a $160.5 million contract modification to produce additional High Mobility Artillery Rocket System launchers for the U.S. Army and Marine Corps. The award includes a foreign military sale of M142 HIMARS and related support services to Taiwan, the Department of Defense said Wednesday. April 30, 2023, is the es...
Intrepid Solutions and Services, a portfolio company of Bluestone Investment Partners, has acquired Darkblade Systems for an undisclosed sum to expand technology products and service offerings for the U.S. Intelligence Community in the areas of counter unmanned aircraft systems, cybersecurity and electronic warfare. Winchester, Virginia-based Darkbl...
Momentus has appointed John Rood, former undersecretary of the Department of Defense for policy, to serve as its CEO starting Aug. 1, ahead of its planned merger with Stable Road Acquisition Corp. Rood will take over from Dawn Harms, who will return to her duties as chief revenue officer after temporarily holding the top executive...
