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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

ExecutiveBiz News on Video 1/19/2022

Executive Mosaic Names 2022 Wash100 Award Recipients; Jim Garrettson Quoted

Executive Mosaic Names 2022 Wash100 Award Recipients; Jim Garrettson Quoted

One hundred executives of consequence in the government and government contracting industry were inducted by Executive Mosaic into the 2022 edition of its Wash100 Award, the most prestigious and coveted recognition in all of GovCon. In its ninth year, the award was presented to individuals in recognition of their accomplishments in the past year and […]

Matt Jones: Sigma Defense Buys Solute to Further DOD Footprint Expansion Strategy

Matt Jones: Sigma Defense Buys Solute to Further DOD Footprint Expansion Strategy

Sigma Defense has purchased San Diego-based software development and systems engineering company Solute in a strategy to build a comprehensive portfolio of technology and service offerings for the Department of Defense. Solute CEO John Lyons will continue to manage operations of the acquired business, while the combined entity will work to help customers implement software-based […]

Tony Crescenzo Elevated to CEO Post at Intelligent Waves; Jared Shepard Quoted

Tony Crescenzo Elevated to CEO Post at Intelligent Waves; Jared Shepard Quoted

Intelligent Waves, a leading-edge trusted IT systems integrator, announced on Wednesday that Tony Crescenzo, who joined the company as president in 2020, has been promoted to be its new CEO. “It is a tremendous honor to take the reins as the CEO of Intelligent Waves, and I look forward to helping the company fulfill its […]

SolarWinds Acquires Public Sector IT Partner Monalytic; Sudhakar Ramakrishna Quoted

SolarWinds Acquires Public Sector IT Partner Monalytic; Sudhakar Ramakrishna Quoted

Austin-based software vendor SolarWinds has purchased information technology monitoring and analytics services provider Monalytic, an acquisition that comes after 10-plus years of partnership between the two companies. SolarWinds said Wednesday it aims to support protected, modernized IT environments for federal clients at any time and adds 16 professionals through the deal. “In supporting our federal customers […]

PTC to Continue Supporting USAF Supply Chain Modernization Under $95M Deal

PTC to Continue Supporting USAF Supply Chain Modernization Under $95M Deal

PTC has received a potential $95 million contract to continue providing the U.S. Air Force with its service parts management software-as-a-service offering over a maximum period of five years. The Servigistics service will support the Enterprise Supply Chain Analysis, Planning and Execution program that is aimed at modernizing the military branch’s supply chain for enhanced […]

Lyten Secures DOD Award to Boost Lithium-Sulfur Battery Production

Lyten Secures DOD Award to Boost Lithium-Sulfur Battery Production

The Department of Defense has awarded Lyten a contract to boost the production capacity of the company’s LytCell lithium-sulfur batteries. Lyten said Tuesday it will use the multi-million award to increase the yearly production count of battery cells at a pilot facility under construction in San Jose, California. DOD issued the award under the National […]

Lockheed Invests in Hybrid-Electric Aircraft Developer Electra

Lockheed Invests in Hybrid-Electric Aircraft Developer Electra

Lockheed Martin’s venture capital arm has made an investment in Electra.aero through a Series A funding round to enable the latter to perform flight testing of its hybrid-electric ultra-short takeoff and landing demonstrator aircraft in 2022. “Electra’s technical approach to sustainable aviation is differentiated, and we are excited to see this concept mature,” Chris Moran, […]

Kim Harrington Joins Belcan as Digital Solutions SVP

Kim Harrington Joins Belcan as Digital Solutions SVP

Kim Harrington, formerly vice president and head of digital engineering at Bayer AG, has joined Ohio-based engineering services provider Belcan to serve as senior VP of digital solutions. She will spearhead digitally focused value creation efforts that support Belcan and its customers, the company said Tuesday. Harrington holds almost two decades of professional experience in […]

Raytheon Test Fires Excalibur Projectile With French Howitzer

Raytheon Test Fires Excalibur Projectile With French Howitzer

Raytheon Technologies‘ missiles and defense business has collaborated with the U.S. Army and Nexter to demonstrate the compatibility between Excalibur artillery projectiles and the French company’s self-propelled howitzer. A CAESAR self-propelled howitzer fired the projectiles at two targets over 28.5 miles away as part of the test involving Excalibur, the French artillery equipment and the […]

Satellite Imagery Provider Satellogic to Get $150M Investment From Liberty Strategic Capital

Satellite Imagery Provider Satellogic to Get $150M Investment From Liberty Strategic Capital

Liberty Strategic Capital, a private equity firm founded by former Treasury Secretary Steven Mnuchin, is investing $150 million in Satellogic as the satellite imagery company prepares to go public through its merger with CF Acquisition Corp. V, a special purpose acquisition company backed by financial services firm Cantor Fitzgerald. Liberty’s investment, which is set to […]

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