Kratos Defense and Security Solutions will perform engineering and logistics for BQM-177A aerial target systems under a new U.S. Navy-awarded $3.6M contract option that follows the completion of the full rate production effort. Steve Fendley, president of Kratos' unmanned systems division, said in a statement posted Thursday the company has begun operations and sustainment activities for the Navy's sub-sonic aerial target as part of the program's life cycle.More
TYSONS CORNER, VA, December 29, 2020 “” The board of directors at the Professional Services Council named Roger Krone, chairman and CEO of Leidos (NYSE: LDOS), as chairman for 2021 and he will continue to lead the group that promotes fairness and competition in the federal contracting market, GovCon Wire reported Dec. 17.More
Voyager Space Holdings has agreed to acquire a majority stake in XO Markets and its largest subsidiary Nanoracks. Houston-based Nanoracks offers commercial space services for satellite deployment and research across more than 30 nations. "With Voyager, we're confident in our expanded team's ability to continue to deliver game-changing technology industry-wide," said Jeffrey Manber, CEO of Nanoracks.More
Northrop Grumman has been awarded a potential $250 million production contract by the U.S. Navy to deliver up to 103 GQM-163A “Coyote“ supersonic sea-skimming target (SSST) vehicles. Northrop Grumman's contract has a base value of $57 million that provides for 19 Coyote vehicles. “The Coyote is the only supersonic sea skimming target in production in the U.S.,“ said Rich Straka, vice president of launch vehicles at Northrop Grumman.More
Payam Banazadeh, founder and CEO of Capella Space, has said the U.S. government needs to strike a balance between addressing national security concerns and ensuring private sector competitiveness in the global market, TechCrunch reported Monday.More
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