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Latest Federal & Government Contracting Companies' News Coverage
BAE Systems secured a contract with the U.S. Navy to design and develop the Dual Band Decoy, a radio frequency countermeasure that shields fighter jets from enemy attacks by disrupting enemy radar and luring missiles away. The decoy has a towed unit connected by fiber-optic cable to an aircraft's electronic warfare equipment, BAE said Wednesday.
Citizant, a business and IT products and services provider to the U.S. government, has promoted Pamela Schoppert, formerly the company’s vice president of human experience and quality, to chief people officer. In a press release Tuesday, Alba Aleman, CEO of Citizant, said, “Pam Schoppert embodies our ‘palms-up’ philosophy of giving and teaches the importance of […] More
Maryland Gov. Wes Moore announced that BlueHalo will expand its operations in Montgomery County. In a press release issued by his office Monday, Moore, said, “In Maryland, we will always choose to invest in innovation. Our continued partnership with BlueHalo is helping us do exactly that. The historic expansion we’re announcing today will create jobs, drive […] More
Sikich announced receiving a $250 million minority growth investment from Bain Capital. In a press release Thursday, Christopher Geier, CEO of Sikich, said, “Partnering with a leading global investor like Bain Capital is a testament to our strategy and provides us with additional meaningful resources and extensive knowledge to advance our mission and deliver on […] More
Verizon Frontline has confirmed its continued support for the National Oceanic and Atmospheric Administration by signing a new three-year cooperative and research development agreement aimed at exploring new strategies for deploying uncrewed aircraft systems to collect and distribute imagery of damage from severe storms. In a press release Monday, Michael Adams, associate vice president for […] More
Investment firm Leonid Capital Partners has announced extending a new $20 million term loan to satellite vehicle maker ABL Space Systems. In a press release Wednesday, James Parker, co-founder of Leonid Capital Partners, said, “ABL Space Systems is doing groundbreaking work to increase domestic launch resiliency and build out ‘responsive launch’ capabilities for the Department of […] More
KBR, a provider of engineering and technology solutions, has announced its first quarter fiscal 2024 results that showed adjusted EBITDA growth with margin expansion. In a press release Tuesday, Stuart Bradie, president and CEO of KBR, said, “KBR’s extraordinary team has yet again surpassed expectations, delivering outstanding first-quarter results.” He noted the year-over-year increases across […] More
American Systems, a provider of information engineering services to federal customers, has announced that programs under its operations/support and strategic solutions have been appraised at Capability Maturity Model Integration Maturity Level 3, or the “defined” level, for development and services by API Process Improvements. John Steckel, president and CEO of American Systems, said in a […] More
Charles Stark Draper Laboratory, a non-profit research and development organization, announced the opening of a new engineering and operations campus in Clearfield, Utah. Draper said Tuesday that the new campus will serve aerospace and defense customers and enhance support for the Air Force Nuclear Weapons Center at Hill Air Force Base and other Department of […] More
Iron Bow Technologies has promoted Kevin Greene, one of its founding members, to vice president of business development. Rene LaVigne, CEO of Iron Bow and a Wash100 awardee, said in a press statement Tuesday, “As we continue to expand our business development efforts, Kevin will play a pivotal role in helping us disrupt the industry by delivering technology with a purpose and a focus on client outcomes and mission-centered solutions.”
Spirent Federal Systems has appointed retired U.S. Space Force Gen. David Thompson to an advisory role. The company said Monday that it plans to prioritize military position, navigation and timing innovation and would need strategic counsel from Thompson as it partners with defense and industry to develop robust test equipment for emerging navigation warfare technologies.
ICEYE has signed a definitive agreement for an oversubscribed $93 million growth funding round, bringing the company's total amount raised to $438 million. The microsatellite manufacturer and synthetic aperture radar satellite operator said Wednesday that the fresh funds will accelerate investment in its constellation of SAR satellites and expand its product portfolio.
