Tag Archives: special operations command

AeroVironment to Buy Arcturus UAV in $405M Cash-Stock Deal; Wahid Nawabi Quoted

Wahid Nawabi President and CEO AeroVironment

Unmanned aircraft system manufacturing company AeroVironment (Nasdaq: AVAV) has agreed to acquire Arcturus UAV in a cash-and-stock transaction valued at approximately $405M as part of efforts to expand into adjacent segments and broaden UAS portfolio and customer footprint. “We are excited about the opportunities for value creation through our acquisition of Arcturus UAV, which will enable us to accelerate our growth strategy and expand our reach into the more valuable Group 2 and 3 UAS segments,” said Wahid Nawabi, president and CEO of AeroVironment.

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Gerry Fasano, President of Leidos Defense Group, Receives First Wash100 Award From Executive Mosaic CEO Jim Garrettson

Gerry Fasano (L) and Jim Garrettson (R)

Gerry Fasano, president of Leidos’ defense group, was presented his 2020 Wash100 Award for the first time in his long career in the government contracting (GovCon) sector. Fasano received his first Wash100 Award from Jim Garrettson, founder and CEO of Executive Mosaic, on Thursday. Visit the Wash100 site to learn about the other 99 winners of the 2020 Wash100 Award.

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Leidos to Support SOCOM Tactical Airborne Mission Under $649M Task Order; Gerry Fasano Quoted

Gerry Fasano Defense Group President Leidos

TYSONS CORNER, VA, August 21, 2020 — Leidos (NYSE: LDOS) will continue to help the U.S. Special Operations Command manage tactical airborne multisensor platforms through a five-year, $649M task order awarded under the U.S. Army's Responsive Strategic Sourcing for Services contract vehicle, ExecutiveBiz reported Aug. 10.

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SOCOM Begins Market Research for Global Analytics Platform

U.S. Special Operations Command has released a request for information on potential contractors that could provide support services for its Global Analytics Platform. A notice published Friday says USSOCOM intends to award a single- or multiple-award, indefinite-delivery/indefinite-quantity contract for the GAP program with a ceiling value of between $300M and $600M and an ordering period of five to 10 years.

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Cubic Moves Tampa Operations to New Office Space; Mike Twyman Quoted

Mike Twyman

Cubic’s (NYSE: CUB) mission solutions business has transferred its Tampa operations in Florida to a larger office in the city to advance growth initiatives and further support U.S. military clients through the delivery of command, control, communications, computers, intelligence, surveillance and reconnaissance technology platforms.

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