GovConWire's Government Contracting News 11/17/2021

Executive Moves

Blue Delta Names Sanju Bansal to Advisory Board

Sanju Bansal, a software entrepreneur and investor, has joined Blue Delta Capital Partners as an advisory board member. Mark Frantz, co-founder of Blue Delta, said in a statement Wednesday that Bansal has mentored CEOs of technology companies in the past 10 years and having him as part of the venture capital firm’s advisory board will

Contract Awards

AURA Awarded $215M NASA Contract Extension for Hubble Operations Support

The Association of Universities for Research in Astronomy in Washington will continue to provide science operational support for the Hubble Space Telescope through June 30, 2026 under a potential $215 million contract extension with NASA. NASA said Tuesday the latest award allows AURA to continue supporting the operations of the Space Telescope Science Institute in

Events

SAIC’s Stephen Ambrose to Moderate Climate Resilience Fireside Chat for GovCon Wire

Stephen Ambrose, chief climate scientist of Science Applications International Corp., will moderate a fireside chat session with Michael Berkowitz, a founding principal of Resilient Cities Catalyst, at GovConWire’s virtual forum on Thursday, Nov. 18. Ambrose was appointed to his current role in July and oversees an SAIC program aimed at helping government and industry customers

M&A Activity

Buchanan & Edwards Buys Cyber Threat Intelligence Provider RenXTech

Arlington, Virginia-based Buchanan & Edwards has acquired cyber services provider RenXTech for an undisclosed sum in a push to expand BE’s footprint across national security programs. BE said Tuesday it will merge the acquired business with the company’s R2C subsidiary to pursue mission support opportunities in the government. RenXTech, formerly Renegade Technology, works with federal

Executive Moves

Former Airbus Defense & Space CEO Dirk Hoke Appointed to Spire Global Board

Dirk Hoke, formerly the CEO of Airbus’ defense and space business, has joined the board of directors of Spire Global (NYSE: SPIR). The 25-year industry veteran will aim to help Spire’s leadership team in efforts to bring satellite-powered data offerings to the government and commercial sectors, the company said Tuesday. “I’m looking forward to working

Financial Report

Marathon Digital Raises Notes Offering Size to $650M

Cryptocurrency mining company Marathon Digital Holdings (Nasdaq: MARA) will issue $650 million of 1 percent convertible senior notes due 2026 in a private offering. The company said Monday it gave the initial buyers of the notes an option to purchase up to an additional $97.5 million notes. Marathon previously announced an offering of $500 million

News

Executive Spotlight With Jacobs Cyber & Intell SVP Caesar Nieves Tackles BlackLynx Acquisition, Company’s IC Footprint Expansion

In its most recent Executive Spotlight interview, ExecutiveBiz spoke with Caesar Nieves, senior vice president of cyber and intelligence at Jacobs, about the recent BlackLynx acquisition and its impact on the company’s national security efforts. The SVP also tackled the company’s contract with the National Geospatial-Intelligence Agency, its expansion of intelligence community footprint as well

Press Releases

Carahsoft’s Michael Shrader on How Emerging Tech Companies Could Help Government Address Future Challenges

TYSONS CORNER, VA, Nov. 17, 2021 — Michael Shrader, vice president of innovative and intelligence solutions at Carahsoft Technology, has encouraged the use of emerging technologies as government agencies face evolving operational challenges and changing customer needs, ExecutiveBiz reported Monday. He wrote in a blog post that emerging-tech companies could provide those because they have

Industry News

Booz Allen Spinoff SnapAttack Raises Funds to Drive Platform Development

SnapAttack, a cybersecurity-focused spinoff of Booz Allen Hamilton, raised $8 million in capital during a recent funding round and will use the investment to accelerate the development activities of its cyber threat intelligence platform. The cybersecurity firm said Tuesday Volition Capital led the funding round, which was also participated by Booz Allen and Strategic Cyber

News

Northrop, 4 Other Companies Team Up for NASA Lunar Terrain Vehicle Design

Northrop Grumman (NYSE: NOC) has teamed up with four other companies to design and propose a lunar terrain vehicle for NASA’s Artemis moon exploration program. Northrop said Tuesday it will lead the industry team composed of AVL, Intuitive Machines, Lunar Outpost and Michelin to offer the space agency an LTV platform that will include avionics,