Firefly Aerospace has launched an initial public offering roadshow with plans to offer 16.2 million shares of common stock priced at $35 to $39 per share. The company said Monday it also intends to give the underwriters a 30-day option to buy an additional 2.43 million shares of its common stock at the initial offering...
The U.S. Space Force has awarded five companies positions on the Protected Tactical Satellite Communications-Global, or PTS-G, contract, which has a ceiling value of approximately $4 billion. According to award notices published Tuesday on SAM.gov, the awardees are Astranis Space Technologies, Boeing, Intelsat General Communications, Northrop Grumma...
Iridium Communications saw its fiscal 2025 second-quarter revenue climb 8 percent to $216.9 million and reported $121.3 million in Q2 operational EBITDA, or earnings before interest, taxes, depreciation and amortization, reflecting a 6 percent year-over-year increase from the prior-year period. In an earnings release published Thursday, the McLean, ...
Siemens Industry has booked a $99.3 million requirements, indefinite-delivery contract from the U.S. Air Force for the Switchgear Replacement Effort. Register now for the Potomac Officers Club’s 2025 Air and Space Summit on July 31 to get some insights on critical air and defense initiatives to strengthen national security. Switchgea...
The Department of Defense has terminated its draft solicitation for the Advancing Artificial Intelligence Multiple Award Contract, or AAMAC. In a notice published Wednesday on SAM.gov, DOD noted that the AAMAC program is “currently on hold.” Draft RFP for Advancing AI Multiple Award Contract AAMAC is a potential 10-year, $15 billion inde...
Artificial intelligence company Knexus has completed its acquisition of S4, a small business specializing in enterprise IT, cybersecurity, intelligence analysis and national security. Expanding AI Offerings Knexus said Thursday the move bolsters its proprietary AI technology portfolio by integrating S4’s expertise in enterprise IT se...
The Missile Defense Agency has issued a draft request for proposal for its Scalable Homeland Innovative Enterprise Layered Defense, or SHIELD, indefinite-delivery/indefinite-quantity contract in the fourth quarter. The multiple award contract has a potential 10-year period of performance and is valued at a total of $151 billion if all options are ex...
Textron subsidiary Airborne Tactical Advantage Co. has received a potential five-year, $554.4 million contract from the U.S. Navy to provide Type III high subsonic and Type IV supersonic aircraft for the service branch’s fleet customers. Learn more about the service branch’s latest contracting opportunities, tech advancements, trends and...
Former U.S. National Security Advisor Robert O’Brien will join the strategic advisory board of Strider Technologies. The Salt Lake City, Utah-based strategic intelligence provider said Thursday O’Brien will play a key role in advancing its artificial intelligence strategy, driving the expansion of real-time strategic intelligen...
The Department of State has approved the Egyptian government’s request to purchase the National Advanced Surface-to-Air Missile System. RTX will serve as the principal contractor for the proposed foreign military sale, which is estimated to be valued at $4.67 billion, the Defense Security Cooperation Agency said Thursday. The weapon system pur...
