ExecutiveBiz News on Video 9/8/2021

Guidehouse announced on Wednesday that the portfolio company of Veritas Capital has entered into a definitive agreement to acquire Dovel Technologies for an undisclosed amount. The transaction is expected to close sometime in the fourth quarter of the 2021 fiscal year, and the combined enterprise is expected to generate more than two billion dollars in […]

The partnership between Boeing and Lockheed Martin‘s Sikorsky subsidiary has submitted a proposal for the U.S. Army’s development program that seeks to replace the UH-60 Black Hawk utility helicopter with a new assault aircraft. The Sikorsky-Boeing team has entered the service branch’s Future Long-Range Assault Aircraft competition with the partnership’s Defiant X helicopter bid, Lockheed […]

Matt Desch, CEO of Iridium Communications and a 2021 Wash100 Award winner, said he believes the entire satellite industry will benefit from all the innovation in low-Earth orbit satellite constellations, Via Satellite reported Tuesday. “It’s making stuff cheaper and making stuff better. My next satellites are going to cost a lot less to build than […]

Interested vendors have until Sept. 22 to submit white papers for Increment 1 of the U.S. Army’s Future Tactical Unmanned Aircraft System program, according to an updated notice on SAM.gov. The branch extended the submission deadline by five days for informational documents as part of its process to identify potential industry sources of a runway-independent […]

The U.S. Army has tapped California-headquartered Avon Protection Ceradyne and Pennsylvania-based Gentex to compete for task orders under the $87.62 million Next Generation Integrated Head Protection Systems contract. The companies, which are the only bidders for the procurement effort, will perform contract requirements through Sept. 6, 2023, at locations to be determined with each order, […]

ECS has partnered with fellow artificial intelligence company Calypso AI to broaden its AI testing capabilities using the latter’s safety and security software, and further support U.S. federal government customers. The partnership will expand agencies’ access to testing and evaluation capabilities meant to help them develop and deploy trusted and responsible AI technologies, a joint […]

The Defense Advanced Research Projects Agency has awarded Lockheed Martin a $25.4 million modification to a contract for the Blackjack satellite constellation. The company will contue integrating Blackjack surveillance satellites under the option 3 action, which raises the contract’s value from $40.5 million to $65.8 million, the Department of Defense said Tuesday. Eighty-two percent of […]

Craig Miller, president of government systems at Viasat, said that discussions about the Space Development Agency’s upcoming satellite network should focus on how spacecraft from different manufacturers could be interoperable and support a “highly complex, multi-band and multi-network system” together. In an opinion piece SpaceNews published Friday, Miller noted that the Transport Layer’s network and […]

The National Geospatial-Intelligence Agency has awarded BlackSky Holdings a five-year, indefinite-delivery/indefinite-quantity contract with a ceiling value of $30 million to monitor global economic activity and provide analysts and decision makers with relevant insights. The geospatial intelligence company said Monday it will leverage its Spectra artificial intelligence tool that uses advanced AI and multisensor analytics in detecting […]

Orbit Fab has received investments from Northrop Grumman, Lockheed Martin and other companies to help commercialize its on-orbit refueling systems and services. Orbit Fab said Tuesday it raised over $10 million in its most recent funding round led by Asymmetry Ventures, alongside Lockheed’s venture arm and Northrop. SpaceFund, Marubeni Ventures and Audacious Venture Partners participated […]