Frequency Electronics has received two contracts worth $37.2 million combined from the U.S. Air Force to build and demonstrate an atomic clock for space systems. The company will help the service branch create an atomic frequency standard for timing applications and test a space-qualified clock through a flight experiment as part of a $19.4 million contract, the Defense Department said Tuesday. […] More

In December, Jacobs Engineering finalized its nearly $3.3 billion-acquisition of CH2M as part of its 2018 reorganization into three global business lines: Aerospace, Technology, Environmental and Nuclear; Buildings, Infrastructure and Advanced Facilities; and Energy, Chemicals and Resources. The company – which posts $15 billion in combined revenue and has a workforce exceeding 74,000 – specializes […] More

Steve Demetriou, chairman and CEO of Jacobs Engineering Group, and Terry Hagen, president of the company’s aerospace and technology group, are scheduled to speak on Feb. 8 at the 39th annual Cowen Aerospace/Defense & Industrials Conference in New York. Jacobs said Monday Hagen, a 2018 Wash100 recipient, and Demetriou will present at 2:50 p.m. Eastern time. […] More

Raytheon has updated terminal software, hardware and automation systems at an air traffic control facility in New York as part of a national airspace modernization  project. The company said Wednesday it installed the Standard Terminal Automation Replacement System across the N.Y.-based Terminal Radar Approach Control facility in support of the Federal Aviation Administration‘s NextGen program. FAA awarded Raytheon a $350 million […] More

Five university teams will submit concepts for in-space spacecraft assembly as part of a challenge sponsored by the Game-Changing Development Program of NASA‘s space technology mission directorate. NASA said Dec. 16 one team each from Tulane University and University of Colorado Boulder, two from University of Maryland and one combined team from Georgia Institute of Technology, University of […] More

Vector Space Systems has secured $1.25 million in a seed funding round headed by Space Angels Network to support Vector’s development of commercial launch vehicles for low-Earth orbit microsatellites. Space Angels Network offers an online investment platform designed to help accredited investors finance aerospace companies through managed funds, Vector said Friday. Vector co-founder and CEO Jim Cantrell said the […] More

SpaceX founder and CEO Elon Musk has revealed plans to build a 400-feet tall integrated rocket and spaceship system he hopes can send 100 people to Mars and start a civilization on the planet, Florida Today reported Wednesday. James Dean writes Musk said at the International Astronautical Congress in Guadalajara, Mexico that SpaceX’ Interplanetary Transport System could cost $10 […] More

Praxis Aerospace Concepts International has partnered with Griffiss International Airport in Oneida County, New York in an effort to help NASA explore methods for the safe integration of unmanned aerial vehicles into the national airspace system. PACI said Monday it will support a UAV test site at Griffiss International Airport under a potential five-year indefinite-delivery/indefinite-quantity contract that Oneida […] More

Greg Resutek joined Bethesda, Md.-based engineering services contractor ASRC Federal in June 2014 as chief operating officer alongside his former URS Corp. colleague Mark Gray, who was named CEO. Resutek also held the role of acting chief financial officer at ASRC Federal until the company appointed former Northrop Grumman executive Gordon Foster to the CFO post. […] More

Rocket Lab is set to launch three military satellites into space aboard its Electron rocket on May 4 and plans to stage the first on-orbit demonstration of a York Space System-built satellite for the U.S. Army, SpaceNews reported Friday. 

More

AE Industrial Partners recently announced the transition of Chris Emerson from operating partner to senior partner. The private equity firm specializing in aerospace, national security and industrial services also said Thursday that Emerson will head the new office in Washington, D.C., when it opens sometime in the third quarter of 2024.

More

Private equity firm AE Industrial Partners has promoted five investment professionals to partner, principal and vice president positions as part of efforts to advance growth initiatives and build up capabilities across its target markets, including national security, aerospace and industrial services. Jeff Hart and Bryan McElwee will assume the role of partners, Tyler Letarte and Andrew McElhinney will serve as principals and Taylor Casey will serve as vice president, AEI said Wednesday.

More