Innovative Rocket Technologies, or iRocket, has signed a nonbinding letter of intent to merge with special purpose acquisition company BPGC Acquisition in a transaction that would result in the reusable space rocket developer becoming a publicly traded company. In a joint release published Monday, the companies said a definitive agreement is expecte...
Potomac Officers Club, the Capital region’s foremost government contracting events and networking organization, is thrilled to introduce its summer series for 2025. This three-month event spectacular will take attendees on a tour through the latest initiatives at the major Department of Defense service branches. The 2025 Army Summit is sche...
Business Executives for National Security will honor William Conway, co-founder and co-chairman of The Carlyle Group, and Gen. Anthony Cotton, commander of U.S. Strategic Command and a previous Wash100 awardee, at the 2025 BENS Eisenhower Award Gala on June 25, Wednesday, in Washington, D.C. BENS will present the 2025 Eisenhower Award to Conway and ...
The U.S. Navy has awarded a $536.8 million sole-source contract to the missile and defense segment of RTX business Raytheon to provide air and missile defense radar AN/SPY-6(V) integration and production support efforts. SPY-6 radar purchases for the United States and the government of Germany under the Foreign Military Sales program were combined i...
Karman Space & Defense has acquired Industrial Solid Propulsion to broaden its energetic propulsion technology capabilities. In a statement published Thursday, Karman CEO Tony Koblinski called ISP a “natural, strategic fit” within the company’s portfolio. Strengthening Competency in Energetics “This acquisition strengthen...
Zscaler has appointed finance executive Kevin Rubin as chief financial officer. The cloud security company said Thursday Rubin will succeed the retiring Remo Canessa, who will stay in an advisory capacity through the end of fiscal year 2025 to facilitate the transition. Leveraging the Power of AI for Cybersecurity Zscaler Chairman and CEO Jay Chaudh...
Leidos has acquired Kudu Dynamics in an all-cash transaction worth approximately $300 million as part of a push to rapidly scale artificial intelligence-enabled cyber capabilities for intelligence, defense and homeland security clients. Leidos said Wednesday Baird acted as Kudu’s exclusive financial adviser in the deal. Advancing Strategy for ...
Adam Liddle announced on LinkedIn Wednesday that he has been selected vice president of business development at Special Aerospace Services and the SAS Flight Factory. Career Highlights The executive joins SAS after nearly two years at L3Harris Technologies, where he served as director of business development for special missions. He s...
Lockheed Martin has secured a $509.8 million contract modification from the U.S. Air Force for the delivery of Global Positioning System III Follow-On Space Vehicles 21 and 22. GPS III Follow-On Satellites Contract Details The Department of Defense said Wednesday the two additional GPS IIIF satellites are expected to be delivered by November 20...
Mastodon Design, a CACI International company, has received a potential $400 million contract modification from the U.S. Army for the continuous production and delivery of a manpack version of the military branch’s Terrestrial Layer System-Brigade Combat Team, or TLS-BCT, platform. In a statement published Wednesday, John Mengucci, president a...
