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Herndon satellite company BlackSky to go public
Herndon- and Seattle-based global monitoring company BlackSky announced Thursday it will go public following its acquisition by Osprey Technology Acquisition Corp., a transaction that values the combined company at $1.1 billion. Under the transaction, the special purpose acquisition corporation will merge with the Herndon company. BlackSky’s shareholders will own 62% of common shares of the [...]
Northrop Grumman passes early stage of $85B Air Force ICBM contract
Falls Church-based Fortune 500 defense contractor Northrop Grumman Corp. announced Tuesday it underwent the first major design review — a key baseline — for the Air Force’s $85 billion Ground-Based Strategic Deterrent (GBSD) contract. In September 2020, Northrop Grumman announced the Air Force had awarded it the first $13.3 billion phase of the expected $85 […]
Calif.-based contractor buys Herndon spacecraft developer
San Diego-based energy and defense contractor General Atomics announced last week it has acquired Herndon-based spacecraft and space system developer Tiger Innovations Inc. Financial terms of the transaction were not disclosed, but Tiger Innovations will become part of General Atomics’ electromagnetic systems (GA-EMS) group. Founded in 1997, Tiger Innovations develops specialty software,[...]
Arlington company names chief technology officer
Arlington-based Cobham Advanced Electronic Solutions (CAES) announced last week it has hired David Young as its chief technology officer. Young most recently served as vice president of advanced program development at Lockheed Martin Space. In his new role, he will work with the company’s four operating divisions on the technical roadmap and business strategies. He […]
Northrop Grumman lands $155M Missile Defense Agency contract
The Missile Defense Agency awarded a subsidiary of Falls Church-based Northrop Grumman Corp. a $155 million contract to work on space-based sensor technology for defending against hypersonic weapons, the Department of Defense announced Friday. Under the contract, Northrop Grumman Systems Corp. will perform on-orbit demonstration, launch and initial orbit testing work, according to the DOD. [&hel[...]
Two Va. contractors win spots on $150M Navy BPA
Arlington-based Leonardo DRS’ Laurel Technologies business and Data Link Solutions, a joint venture between Falls Church-based BAE Systems Inc. and Charlotte, North Carolina-based Collins Aerospace, earned spots on a $150 million Navy blanket purchase agreement. The companies will each manufacture up to 150 electronic equipment cabinets for the Navy and provide logistics, test and program [&[...]
Virginia Space CEO, executive director to retire fall 2021
The Virginia Commercial Space Flight Authority (VCSFA) announced Tuesday that Dale K. Nash, Virginia Space’s CEO and executive director, will retire as early as fall 2021. Nash has led the organization since August 2012. His successor has yet to be named. “Dale has overseen the effective operation and incredible expansion of our launch facilities and […]
Booz Allen demos in-flight AI algorithm for Air Force
McLean-based Fortune 500 global management consulting company Booz Allen Hamilton Inc. announced Wednesday it demoed the use of an in-flight artificial intelligence (AI) algorithm for the U.S. Air Force Air Combat Command’s 9th Reconnaissance Wing U-2 Federal Laboratory. This marks the first time that a pilot has teamed up with AI to successfully complete a […]
Leidos subsidiary submits lunar lander proposal to NASA
Dynetics, a wholly owned subsidiary of Reston-based Fortune 500 government contractor Leidos Holdings Inc., announced Wednesday it has submitted its proposal for the Human Landing System (HLS) that is planned to take the first woman and next man to the man’s surface for NASA’s Artemis Program by 2024. In late April, Dynetics was one of […]
Arlington contractor names chief financial officer
Arlington-based aerospace and defense contractor Cobham Advanced Electronic Solutions (CAES) announced Monday it has hired Sean Daily as its chief financial officer and a member of its board of directors. Daily most recently served as vice president of finance and business operations for Denver-based Lockheed Martin Space, where he oversaw 730 employees and was responsible […]
Northrop Grumman CEO Kathy Warden to chair Aerospace Industries Association board
The Aerospace Industries Association (AIA) announced Tuesday it has named Northrop Grumman Chairman, President and CEO Kathy Warden to serve as the chair of the AIA’s board of governors for 2021. Mike Petters, president and CEO of Newport News-based Huntington Ingalls Industries, will serve as vice chairman. Since 1919, the AIA has served as the […]
Parsons Corp. completes acqusition of Colo.-based aerospace firm for $300M
Centreville-based defense contractor Parsons Corp. announced late last week that it has completed its acquisition of Colorado Springs, Colorado-based Braxton Science & Technology Group LLC (BSTG) and its subsidiaries for $300 million. The acquisition was first announced in late October — marking Parsons’ fourth acquisition since October 2018. BSTG provides services for satellite ope[...]
