L3Harris Technologies has appointed Eric DiStasi as vice president of strategy and business development and general manager of its advanced missile programs. DiStasi confirmed his new role in a LinkedIn post Thursday. Who is Eric DiStasi? The executive is a long-time defense industry leader. He joined L3Harris in 2021 as director of corporate strate...
Fairbanks Morse Defense has completed its acquisition of Rolls-Royce’s naval propulsors business as part of a push to expand its capabilities to support the U.S. marine defense industrial base, strengthen national security and advance regional economic growth. “This acquisition represents a strategic investment in sustaining the United S...
The Chief Digital and Artificial Intelligence Office, or CDAO, has awarded AvaWatz a spot on the potential $249 million AI Talent 2.0 basic ordering agreement. AI Talent 2.0 BOA Scope The AI platforms and real-time decision systems provider said Tuesday the multi-award contracting vehicle enables it to provide Department of Defense agencie...
U.S. Transportation Command has awarded 24 companies option period contract modifications to a $750 million indefinite-delivery/indefinite-quantity, fixed-price with economic-price-adjustment contract the businesses secured in 2024 for commercial port operations and related transportation services. The modifications, worth $750 million, allow for th...
Quantum computing company IonQ has finalized its acquisition of Capella Space to pursue its plan to develop a space-based quantum key distribution, or QKD, network designed to enable quantum-secure global communications. Hear about the latest air and space tech capabilities, tech trends and more at the Potomac Officers Club’s 2025 Air and Spac...
Paul Smith has assumed new responsibilities as senior vice president and general manager of integrated defense solutions at BAE Systems. In a LinkedIn post Tuesday, the executive confirmed that he is moving from BAE Systems’ ship repair business, which he led as SVP and GM since 2020, to integrated defense solutions. “After five incredib...
David Culp, a seasoned financial and accounting executive, shared in a LinkedIn post published Thursday that he has been elevated to chief financial officer at Advanced Technology International. Dave Culp’s Career History The senior finance executive has been with ATI for over two years, most recently as senior vice president and con...
Firefly Aerospace has filed a registration statement with the Securities and Exchange Commission for its proposed initial public offering. The company said Friday it plans to list its common stock under the ticker symbol “FLY” on the Nasdaq Global Market. Firefly has yet to disclose the number of shares to be offered and the price...
The U.S. Navy has awarded firm-fixed-price, indefinite-delivery/indefinite-quantity contracts with a shared ceiling of $262.4 million to four Virginia-based companies to support repair, maintenance, modernization and sustainment for shipyard messing and berthing barges. The contracts were awarded to East Coast Repair & Fabrication, Lyon Shipyard...
MP Materials and the Department of Defense have entered into a public-private partnership to boost the supply of U.S. rare earth magnets and reduce dependence on foreign sources. Construction of ’10X’ Magnet Manufacturing Facility Through the partnership, MP Materials said Thursday it will build the “10X Facility,” its second domesti...
