The electric air taxi company Joby Aviation completed a merger with Reinvent Technology Partners (RTP) on Aug. 10 making it the first publicly traded electric vertical takeoff and landing (eVTOL) company on the market. The company had $1.6 billion cash on its balance sheet as of March 31 and this transaction values Joby at $4.5 billion enterprise value. Joby will begin trading on the New York Stock Exchange on Aug. 11 under JOBY for common stock and JOBY WS for…
UPDATE: Belmont Instrument LLC, Billerica, Massachusetts (SPE2D1-26-D-0004, $48,750,000), has been added as an awardee to the multiple award contract for medical equipment and accessories for the Defense Logistics Agency Electronic Catalog, issued against solicitation SPE2DH-21-R-0002 and awarded Feb. 10, 2022.…
Gilbane Japan GK, Tokyo, Japan, has been awarded a $53,097,051 firm-fixed-price contract for project LXEZ201072 Repair Special Operations Wing Facility B3524. This contract provides for a design-build project with the purpose of replacing existing concrete roof and repair 38,875 square-foot…
Raytheon Co., Fort Wayne, Indiana, was awarded a $15,401,144 firm-fixed-price contract to update the Advanced Field Artillery Tactical Data System. The amount of this action is $15,401,144. Bids were solicited via the web with one received. Work will be performed…
Gilbane Federal, Concord, California, was awarded a $17,249,472 firm-fixed-price contract for the conversion of a building to a secure space. The amount of this action is $17,249,472. Bids were solicited via the web with three received. Work will be performed…
