SpaceX raised $850 million at $419.99 per share last week through an equity funding round that took its valuation to $74 billion from the $46 billion market value after an August fundraising effort, CNBC reported Tuesday. The report said Elon Musk’s space venture secured nearly $2 billion from its funding round six months ago and...
Raytheon Technologies’ (NYSE: RTX) Collins Aerospace business will build sonar domes on U.S. Navy and allied surface combat vessels under a potential $64 million contract from the Naval Surface Warfare Center’s Crane, Indiana, division. Collins Aerospace said Tuesday its naval programs group will produce, install, engineer, deploy, inspect a...
The State Department has approved a request by the Egyptian government to procure Raytheon Technologies-built (NYSE: RTX) Rolling Airframe Missiles for ship self-defense use through a potential $197 million foreign military sales deal. Egypt asked to procure as many as 168 RIM-116C RAM systems in Block 2 configuration, guided-missile round container...
TYSONS CORNER, VA, February 17, 2021 — ManTech International (Nasdaq: MANT) and the University of Maryland Global Campus have partnered to offer a tuition-free master’s degree program in data analytics for eligible company personnel, ExecutiveBiz reported Feb. 5. “Employees who earn this degree will help drive ManTech’s investment in exc...
Serco Group’s North American division has agreed to acquire Reston, Virginia-based management consultancy Whitney, Bradley & Brown for approximately $295 million in a move to grow acquisition and program management service offerings for the Department of Defense. Serco Inc. said Tuesday it expects to complete the acquisition in the second ...
Roger Krone, chairman and CEO of Leidos (NYSE: LDOS) and 2021 Wash100 awardee, said the company wants to continue pursuing mergers and acquisitions amid the consolidation and competition for big information technology contracts within the federal market, the Washington Business Journal reported Friday. “For us, now is not a time to become risk-adv...
Glen Ives, former president and CEO of Sabre Systems, has joined Bethesda, Maryland-based technology company Castellum as chief growth officer and CEO of the newly established Navy and Marine Corps division. Castellum CEO Mark Fuller said in a statement published Feb. 8 Ives will use his experience with the Navy and the Marine Corps to...
TYSONS CORNER, VA, February 16, 2021 — The Zscaler (Nasdaq: ZS) Internet Access gateway has been prioritized for the Federal Risk and Authorization Management Program's high impact level certification through FedRAMP Connect, ExecutiveBiz reported Feb 3....
Katie Selbe, most recently senior vice president and general manager of the cyber network solutions group at Alion Science and Technology, has joined engineering and technology services contractor BlueHalo as chief operating officer. She will join BlueHalo’s executive leadership team to oversee organic expansion and program execution and help the ...
Pivotal Insight and Global Defense Inc. have merged business operations into a new company that will focus on providing management consulting services to federal civilian and defense customers....
