Private investment firm Charlesbank Capital Partners has finalized its acquisition of inertial navigation systems provider EMCORE to solidify the formation of Velocity One as a new company focused on providing highly engineered products for the aerospace and defense sectors. Velocity One: Supporting Aerospace, Defense Markets Charlesbank said Wednes...
Shawn Purvis, a more than three-decade industry executive and a four-time Wash100 awardee, has joined Sagewind Capital-backed Sabel Systems Technology Solutions as CEO. In a LinkedIn post published Tuesday, Sabel Systems said Purvis brings to the company over 30 years of experience in digital transformation, enterprise strategy and operational excel...
The U.S. Army Corps of Engineers, Huntsville Engineering and Support Center, or CEHNC, has issued a draft request for proposal for a proposed $371 million multiple award contract supporting the Initial Outfitting and Transition, or IO&T, program. According to the pre-solicitation notice posted on SAM.gov Tuesday, the potential firm-fi...
Karl Borden, a security professional with over three decades of experience, has been promoted to executive vice president for operations and growth at System High. The global protection and security engineering services provider said Tuesday Borden will spearhead its day-to-day operations while developing and implementing growth strat...
NASA has awarded Firefly Aerospace a launch service task order for the agency’s Investigation of Convective Updrafts, or INCUS, mission that seeks to study the formation of tropical storms. The space agency said Tuesday it made the selection as part of the potential $300 million Venture-Class Acquisition of Dedicated and Rideshare, or VADR, co...
Executive Mosaic’s GovCon Index claimed its first winning week in February despite closing -0.44% lower at $4,507.36 before the weekend. The index, which tracks the stock performances of 30 major government contractors, gained +0.27% week-on-week. However, the month-on-month and year-to-date losses are -7.92% and -6.83%, respectively. It was a...
Cybersecurity company ZeroFox has added John Zangardi, two-time Wash100 Award winner, as a new member of its board of directors. Zangardi announced his new role in a LinkedIn post Thursday. “ZeroFox is at the forefront of defending organizations against evolving cyber threats. Their solutions in executive protection, phishing and fraud p...
Centerra, a Constellis business, has secured a potential 10-year, $700 million contract from the U.S. Navy for the procurement of essential base operations and life support services to military installations and federal agencies located around the world. Providing Essential Services to Global Joint Forces Constellis said Thursday the ...
Patty Chang-Chien, a seasoned executive with over 25 years of technical, program and functional management experience, shared on LinkedIn Thursday that she has been appointed vice president and chief engineer of space, intelligence and weapon systems at Boeing Defense, Space and Security. Patty Chang-Chien’s Career Highlights Be...
IBM has finalized its acquisition of HashiCorp to broaden its capabilities designed to help organizations automate hybrid-cloud environments to drive innovation and strengthen security amid the rapid adoption of artificial intelligence tools. “Organizations globally are looking to deploy modern, hybrid cloud-ready apps, which require automated...
