Theresa Condor, formerly an executive vice president of Spire Global (NYSE: SPIR), has been elevated to the chief operating officer role at the Vienna, Virginia-based space data and analytics provider. She will be responsible for overseeing the company’s weather, aviation, Earth intelligence and space services businesses across the globe, Spir...
Lockheed Martin (NYSE: LMT) reported $16 billion in net sales and $614 million, or $2.21 per share, in net earnings from continuing operations during the third quarter of fiscal year 2021. The Bethesda, Maryland-based aerospace and defense contractor said Tuesday it generated $1.9 billion in Q3 cash from operations, raised its quarterly dividend to ...
Digital Management Holdings, also known as DMI, has secured a strategic investment from an affiliate of New York-based private equity firm OceanSound Partners and will use the funds to expand its geographic presence and technological offerings in support of customers’ digital transformation efforts. Established in 2002, DMI is a Bethesda, Maryland...
Fixed-Price Contracts The pricing of this group of government contracts will not change. However, there are times when a ceiling price, target price, or even both are used. It’s also worth noting that with fixed-price contracts, the risk is transferred to the contract. This is due to the fact that these government contracts are not...
Matt Cornwell, a 14-year defense industry veteran, has been named president of Warrenton, Virginia-based propulsion technology developer SPARC Research. He succeeds Patrick Hewitt, who has transitioned to a new role as CEO of SPARC Holding Company, the research business said Monday. Cornwell previously held finance, proposal development and advanced...
Positioning, navigation and timing technology provider Orolia has agreed to acquire Granada, Spain-based Seven Solutions in a move to expand the former’s product portfolio for defense, telecommunications, data center, smart grid and aerospace applications. Orolio said Monday it expects to close the transaction before the end of 2021 and pursue...
Steve DiPietro, an executive with years of experience in program management, has joined B3 Group to serve as director of software-as-a-service offerings. He will lead the development and delivery of B3’s scalable SaaS offerings to customers within the Department of Veterans Affairs, the company said Thursday. DiPietro will be responsible for c...
The U.S. Army’s Program Executive Office Enterprise Information Services has issued a request for information to learn more about the progression and advancement of commercial access management and single sign-on technology platforms. A notice posted on SAM.gov stated that the Army Program Executive Office Enterprise Information Services wants...
The State Department issued a draft solicitation for the potential $8 billion Evolve contract for information technology platforms and support services in preparation for an industry day that is set to take place Monday, Oct. 25, for the acquisition effort. Evolve is a suite of indefinite-delivery indefinite-quantity contracts and is composed of fiv...
Douglas Harvey, a more than 20-year engineering operational management executive, has joined IDEMIA as chief technology officer of Identity and Security North America. He will help accelerate product innovation and design, work with technology teams to drive the adoption of digital engineering processes, advance the use of modern iterative developme...
