Archive: Business/Financial

Forcepoint CEO Matthew Moynahan. Photo: Forcepoint

Raytheon’s Forcepoint Cyber Company Acquires Behavior Analytics Firm RedOwl

Raytheon’s [RTN] Forcepoint company on Monday said it has acquired a cyber security firm that focuses on human behaviors, a deal that Forcepoint said complements its own human-centric approach to cyber security. Terms of the deal for Maryland-based RedOwl were not disclosed. The Baltimore Sun reported on Tuesday that Red Owl has about 60 employees. […]

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U.S. Africa Command Seeking Commercial ISR Solutions

The United States Africa Command (USAFRICOM) is seeking commercial Intelligence, Surveillance and Reconnaissance (ISR) solutions to assist with ground station processing and data collection. The Request for Information (RFI) was posted on Aug. 25 and contractor proposals for commercial off the shelf ISR solutions will be accepted starting September 1. USAFRICOM is also seeking Processing […]

Orbital's Minotaur IV launches from Cape Canaveral on Aug. 26 carrying the ORS-5 satellite. Photo: Orbital ATK.

Orbital Launches Sixth Minotaur IV Rocket, Deploys Air Force Satellite

Orbital ATK [OA] successfully launched its sixth Minotaur IV space launch vehicle on Aug. 26, sending an Air Force satellite, the Operationally Responsive Space-5 (ORS-5), into low-Earth orbit. The Minotaur IV rocket took off from the Cape Canaveral Air Force Station’s Space Launch Complex 46 at 2:04 a.m., then deployed the ORS-5 satellite 28 minutes […]

Battelle's counter-UAS DroneDefender being operated by U.S. soldier. Photo: Battelle

Battelle, Dedrone Partner For Comprehensive Counter UAS Solution

Battelle and a small company that has developed a drone tracking software platform have agreed to partner on an end-to-end counter unmanned aircraft system (UAS) solution. The non-exclusive memorandum of understanding between Battelle, which has developed a handheld remote-controlled system to defend against small UAS, and California-based Dedrone, is aimed creating a comprehensive drone defeat […]

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DoD Plans More Emergency Response Prototyping Hackathons

The Department of Defense’s innovation partnership unit, MD5, is building on its successful disaster relief capabilities event with two more events scheduled for early 2018 designed to bring together field experts and budding entrepreneurs to work on emergency solutions needed in complex environments. The DoD’s MD5 National Security Technology Accelerator wrapped up its emergency response […]

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UK Awards Northrop Grumman Extension For Identity Services Contract

Northrop Grumman [NOC] has received a two-year extension on an existing contract with the United Kingdom Home Office to continue providing services, systems operations and maintenance for a forensic and biometric program used by law enforcement. The value of the extension to the Forensic and Biometric Interim Capability (FABrIC) wasn’t disclosed. Northrop Grumman in 2015 […]

HEICO To Acquire Antenna Developer AeroAntenna

Electronic component and product developer and manufacturer HEICO Corp. [HEI] on Friday announced its largest acquisition, a $336.5 million cash deal for AeroAntenna Technology Inc. (AAT) that would give the company a new product line. The cash price includes a $20 million earn out provision if the company meets its earnings targets. The deal price […]

U.S. Army Cyber Command Soldiers conduct operations in the  ARCYBER headquarters at Fort Belvoir, Va.  (Photo by Robert Bills)

GSA Awards Booz Allen $65 Million To Continue Supporting Army Cyber Command

The General Services Administration (GSA), acting in support of U.S. Army Cyber Command (ARCYBER), is awarding Booz Allen Hamilton [BAH] a one-year $65 million contract to continue support of the command’s cyberspace operations while it prepares a competition for a new contract. The sole-source award was made by the GSA’s Federal Systems Integration and Management […]

Chloe Mallet (right), an ocean engineer at HII’s Undersea Solutions Group (USG) subsidiary, prepares to crew and drive the Proteus underwater vehicle with USG Vice President Ross Lindman (left). Photo by Joe Colamaria/HII.

Navy And Industry To Demonstrate Autonomous Technologies

The Navy, along with a team of industry partners, is demonstrating autonomous technologies in a contested environment during the annual Advanced Naval Technology Exercise (ANTX) this week. The Naval Surface Warfare Center, Northrop Grumman [NOC], Battelle, Huntington Ingalls Industries [HII], and Riptide Autonomous Solutions are cooperating in the multi-domain contested marine environment scenario to test […]

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Aurora To Lead Air Force Aerospace Vehicle Research Program

The Air Force has selected Aurora Flight Sciences to support its new aerospace vehicle research program with a nearly $500 million contract to develop innovative technological capabilities. Aurora announced Sunday the $499 million indefinite delivery contract to work with the Air Force Research Laboratory (AFRL) on its Aerospace Systems Air Platform Technology Research (ASAPTR) program. […]