DCS is strengthening its position in the aerospace and defense markets with the acquisition of ARCTOS Technology Solutions. DCS said Thursday it will combine ARCTOS’ expertise in aerospace safety, propulsion, advanced manufacturing and technology transition with its engineering and technical services portfolio. “This acquisition ...
Sierra Space has closed a $550 million equity investment led by LuminArx Capital Management, bringing the defense technology company’s valuation to $8 billion. The Colorado-based firm said Thursday the investment also drew participation from existing investors, including General Atlantic, Coatue, Moore Strategic Ventures and Andalusian Privat...
General Atomics Electromagnetic Systems has named Mike Rucker as vice president of the weapons programs division. In his new role, Rucker will be in charge of the division’s day-to-day operations and the Missile Defense and Advanced Weapons System portfolio, the company said Wednesday. “I’m proud to help guide GA‑EMS’ weapons programs at a...
Government contractors are increasingly looking to artificial intelligence to streamline capture and proposal development, hoping to increase their win rate. However, AI cannot streamline these processes without a strong foundation and user buy-in. Sam Cooper, senior solutions engineer at Procurement Sciences AI, discussed the pillars of successful ...
SentinelOne has appointed Sonalee Parekh, a veteran finance executive in the software and technology sector, as chief financial officer, effective March 24. As companies like SentinelOne strengthen leadership to drive innovation and growth in AI-powered cybersecurity, government and industry leaders continue to explore how emerging technologies are ...
The Defense Intelligence Agency has issued a request for proposals to support the Missile and Space Intelligence Center under the Contract Operations for Missile Evaluation and Testing, or COMET, program valued at up to $14 billion. According to the RFP posted on SAM.gov Monday, the government will award multiple indefinite-delivery/indefinite-quant...
Beavercreek, Ohio-based FTI Defense has appointed Matt Salter, a government technology industry veteran, as chief growth officer. FTI Defense CEO Jose Hidalgo welcomed Salter’s addition to the company’s senior executive team in a statement published Tuesday. “Matt’s skills and experience will be instrumental in accelerating t...
Lockheed Martin’s rotary and mission systems business has received a potential 13-year, $1.9 billion contract from the U.S. Air Force to continue production and support of training systems for the C-130J Super Hercules aircraft. As the Air Force continues investing in platforms like C-130J and training systems that sustain mission readiness, g...
Northrop Grumman has received a $225.1 million contract modification from the U.S. Navy to develop and deliver training systems for the E-130J aircraft. As the Navy advances major modernization efforts like the E-130J Phoenix II program, industry and government leaders will continue shaping the future of maritime and strategic capabilities. These pr...
The U.S. Army has awarded three firm-fixed-price contracts worth $1.27 billion for the development, production and testing of the Binocular Night Observation Device, or BiNOD. L3Harris received a $466 million award, Elbit Systems of America – Night Vision secured a $450.6 million contract and Photonis Defense was awarded $352.6 million, the Depart...
