Sentient Digital Inc. has acquired Maritime Surveillance Associates for an undisclosed sum to expand its sonar and acoustic technological capabilities for the U.S. Navy and partner countries. SDi said Monday the transaction enables it to focus on maritime security, cloud-based advanced analytics, foreign military sales and other key growth areas. &#...
Lockheed Martin has appointed industry leaders OJ Sanchez and Mike Shoemaker as vice president and general manager of Skunk Works and Integrated Fighter Group, respectively. “With their combined experience, OJ and Mike will work closely together – and with our broader team – to drive innovation and strategy across platforms, across Aeronautics...
Investment banking firm Evercore has issued its January report, highlighting the market performances of several U.S. defense and government services companies. The monthly update released by the firm’s aerospace, defense and government services team shows the enterprise and equity values, share performances and operating metrics of several U.S...
The National Security Technology Accelerator, or NSTXL, has announced several leadership appointments to improve operations and drive growth. Shelley Tweedy Named COO NSTXL said Thursday Shelley Tweedy, who has been with the tech accelerator since 2020, has been appointed chief operations officer. As COO, she will work closely with the executive tea...
Executive Mosaic’s GovCon Index ended slightly higher on Friday at $4,830.86 (+0.05%), although it still lost -0.73% for the week. The index, which tracks the stock performances of 30 major government contractors, is off to a rough start in 2025 and is down -0.14% year-to-date. Wall Street reopened after the Day of Mourning, but the...
Modern Technology Solutions Inc. has received a potential five-year, $99.9 million contract from the U.S. Space Force to perform prototyping work and deliver processes for space command and control. The Department of Defense said Friday Space Systems Command awarded the sole-source, cost-plus-fixed-fee contract as part of the third phase of the Smal...
Much commotion was made online and in the media over the holiday season regarding reported sightings of unmanned aircraft in the U.S. airspace. In particular, a number of testimonies came from citizens in New Jersey spotting drones in the skies near Picatinny Arsenal and Naval Weapons Station Earle. In news conferences, the Department of Defens...
Anduril Industries has acquired Numerica’s radar and command and control businesses for an undisclosed sum to expand its portfolio of mission systems and air and missile defense capabilities. The California-based defense technology company said Thursday the acquisition provides it with access to the Numerica team’s expertise in sci...
The U.S. Space Force has awarded Modern Technology Solutions Inc. a potential five-year, $640 million contract to build and deliver Defensive Cyber Operations for Space, or DCO-S, capabilities across the military branch. “The Digital Bloodhound award selection is a significant step forward for MTSI in providing engineering, test, and sustainment l...
The Department of Defense’s fiscal year 2025 budget request offers significant insights for government contractors seeking to align with the department’s priorities. With $143.2 billion allocated to research, development, test and evaluation, this budget emphasizes innovation, modernization and technological advancements aimed at strengtheni...
