Redwire, a company formed by private-equity firm AE Industrial Partners last year, is now set to become a publicly traded company.
Saturday, April 20, 2024
Saturday, April 20, 2024
Marjorie Censer was Inside Defense's editor until July 2021. She previously worked at the Washington Post and its local business publication Capital Business, covering defense industry reshaping, the increased scrutiny of contractors following the Edward Snowden case and the challenges of canceling military programs. From 2007 to 2010, she was managing editor of Inside the Army. She also previously worked as defense editor at POLITICO and as a staff writer at the Carroll County Times and the Princeton Packet. A Fairfax native, she graduated from Princeton University.
Redwire, a company formed by private-equity firm AE Industrial Partners last year, is now set to become a publicly traded company.
Leonardo said today it will postpone the initial public offering of shares of U.S. subsidiary DRS.
Ondas Networks has formed a strategic partnership with Rogue Industries, which specializes in getting emerging technologies to government, as it pursues more work with the Defense Department.
Voyager Space Holdings said today it has appointed former Pentagon acquisition chief Ellen Lord to its board.
Lockheed Martin said today it has entered into a strategic interest agreement with Washington, DC-based communications company Omnispace to "explore jointly developing 5G capability from space."
Draper said today it has named former Pentagon official Jennifer Santos as its "new principal director for strategic initiatives in its National Security and Space (NS&S) business."
ST Engineering said today it has submitted a proposal to acquire Cubic for $76 per share in cash, countering a previous offer from private-equity firms.
Artificial intelligence firm Torch.AI, buoyed by a new $30 million investment, is pursuing additional defense work, particularly in what the company's chief executive describes as areas where it can "showcase" its capabilities.
The chief executive of Leidos said this week the company is busy integrating multiple acquisitions and not pursuing additional large deals.
The longtime chief executive of PAE will step down this week, according to a new filing with the Securities and Exchange Commission.
The chief executive of Vectrus said this month the company is optimistic it will be able to expand its work through the Army's Logistics Civil Augmentation program in the Indo-Pacific Command region, particularly with the Navy.
This Friday INSIDER Daily Digest has news from the Western Pacific, guidance from the deputy secretary of defense, a delay to a Navy electronic jammer program and more.
BAE Systems said today it has named Shelly O'Neill Stoneman senior vice president for government relations, effective April 17.
The top executives at L3Harris Technologies said today the company plans to continue spending about 4% of its annual sales on research and development "for the foreseeable future."
Will Roper, the former top Air Force acquisition official who has now joined the advisory board of Red 6, told Inside Defense last week he wants to help the training startup address the challenge created by the military's "color of money" budgets.
Science Applications International Corp. will announce today it has named David Ray senior vice president of its space business unit.
Booz Allen Hamilton will announce tomorrow it has named Matice Wright-Springer a partner and senior vice president in its global defense group.
After being selected by the Army in February to move forward in the service's Short Range Reconnaissance program, Skydio earlier this month announced it has raised $170 million in its latest funding round.
Huntington Ingalls Industries said today it has selected Kari Wilkinson to serve as president of its Ingalls Shipbuilding division, effective April 1.
Startup Red 6 said today it has named Will Roper, the former Air Force acquisition chief, to its advisory board.