Sealing Technologies, a Columbia, Maryland-based research, engineering and integration services provider, will transition the Operational Data Integrated Network deployment kit to the production phase under a potential five-year, $89 million other transaction agreement with the U.S. Navy. SealingTech said Tuesday it developed ODIN under an OTA with ...
Redwire, an aerospace company backed by AE Industrial Partners, has bought satellite solar array developer Deployable Space Systems for an undisclosed sum. Goleta, California-based DSS manufactures deployable hardware to support space missions of commercial and government customers such as NASA, which intends to use the company’s technology to upd...
AeroVironment (Nasdaq: AVAV) has finalized its acquisition of Arcturus UAV through a $405 million cash-and-stock transaction in a push to expand its portfolio with the addition of medium unmanned aircraft systems. AeroVironment said Monday Arcturus UAV will operate as its wholly owned subsidiary following the completion of the transaction, which was...
Rachelle Henderson chief information officer (CIO) of Immigration and Customs Enforcement (ICE) within the U.S. Department of Homeland Security (DHS), recently discussed modernization efforts, priorities and challenges that support national security initiatives during Potomac Officers Club’s 2021 Border Protection Innovations and Technology Forum....
Cyxtera Technologies has agreed to join forces with Starboard Value Acquisition Corp. (Nasdaq: SVAC) in an approximately $3.4 billion merger transaction to create a publicly traded data center services provider in the government and commercial markets. The boards of directors at the two companies unanimously approved the deal and both parties expect...
Michael Dell, chairman and CEO of Dell Technologies (NYSE: DELL), has formed a special purpose acquisition company – MSD Acquisition Corp. – that plans to raise $575 million in funds through an initial public offering, CRN reported Monday. MSD Acquisition intends to offer 50 million investment units at $10 apiece through the IPO with plans...
Steven Oh, former technology director of the intelligence and homeland division within General Dynamics‘ (NYSE: GD) information technology business, has been named vice president of mission and enterprise IT at ManTech International (Nasdaq: MANT), G2Xchange FedCiv reported Monday. Oh joins ManTech’s new innovation and capabilities offic...
Lockheed Martin (NYSE: LMT) has received from the Federal Trade Commission a second request for additional information as FTC continues to review its proposed acquisition of Aerojet Rocketdyne (NYSE: AJRD). The latest request extends for another 30 days the waiting period under the Hart-Scott-Rodino Act, Lockheed said Friday. In December, Lockheed s...
Starboard Value Acquisition Corp. (Nasdaq: SVAC) is negotiating a $3.4 billion deal, including debt, to merge with data center company Cyxtera Technologies, The Wall Street Journal reported Sunday. WSJ cited sources that say the merger deal could be finalized by Monday and BC Partners and Medina Capital – private equity firms that own Cyxtera R...
Suzanne White, deputy director of the Defense Intelligence Agency (DIA), recently discussed how the Intelligence Community (IC) has spearheaded new efforts to integrate emerging technologies to remain up to speed with the advancing science and technology landscape. During her keynote address at GovConWire’s IC Acquisition and Innovation Forum, Whi...
