NASA has chosen seven companies to carry out technology development projects to support the agency’s human space exploration and commercialization goals in low Earth orbit. Each participating vendor in the Collaborations for Commercial Space Capabilities-2 program will develop systems through an unfunded Space Act Agreement, the agency said Fr...
An affiliate of private equity firm Lone Star Funds has completed its acquisition of ship repair services provider Titan Acquisition Holdings from global investment firm Carlyle (Nasdaq: CG) and Stellex Capital Management. The transaction was first announced in February. Titan is the parent company of three ship repair and marine fabrication service...
Firefly Aerospace, an AE Industrial Partners portfolio company, has acquired Spaceflight for an undisclosed sum to further strengthen its portfolio of on-orbit hosting and servicing, responsive launch and in-space mobility, lunar delivery operations and other space transportation services. Spaceflight has supported the fielding of more than 460 payl...
Northrop Grumman (NYSE: NOC) has secured an $80.3 million sole-source contract to develop and demonstrate a communication system using military platforms and commercial space internet services. The company will help the service branch test system using common user terminal equipment under the Defense Experimentation Using Commercial Space Internet p...
A new McAleese & Associates report estimates most defense prime contractors recorded a 3 percent growth in sales during the first quarter of 2023, indicating that labor availability is improving and supply chain deliveries are starting to stabilize. Jim McAleese, founder of McAleese & Associates and a three-time Wash100 winner, offered an an...
Thirty-seven vendors have won spots on a potential 10-year, $32.5 billion multiple-award contract for the design, development, production and sustainment of training systems. The Training Systems Acquisition IV indefinite-delivery/indefinite-quantity contract covers analysis, installation, integration and testing support for aircrew, maintenance and...
The U.S. Army has selected a dozen companies for a 10-year, $450 million contract vehicle to support its modernization and combat overmatch capability development efforts. Army Contracting Command received 27 bids for the cost-plus-fixed-fee, firm-fixed-price contract via an online solicitation and will determine funds and work locations on a per-or...
Suzanne Jones, formerly a senior director at BAE Systems, has been named vice president of business winning at nonprofit engineering innovation company Draper. She will lead Draper’s capture and proposal process restructuring efforts and brings 21 years of experience to her new position, the organization said Wednesday. Jones most recently ser...
The U.S. Army has exercised the first option period of its other transaction agreements with four companies to review proposed designs for increment two of the Future Tactical Unmanned Aircraft System. Griffon Aerospace, Northrop Grumman (NYSE: NOC), Sierra Nevada Corp. and Texton Systems (NYSE: TXT) will go through preliminary and critical design r...
Executive Mosaic CEO Jim Garrettson presented the 2023 Wash100 Award plaque to Mark Caylor, president of the mission systems business sector at Northrop Grumman, during a recent office visit. Caylor’s first Wash100 citation honors his leadership in the development of mission-critical software and hardware products for defense and intellig...
