THIS WEEK'S TOP NEWS STORIES
Honeywell (Nasdaq: HON) has agreed to buy CAES from private equity firm Advent International in an all-cash deal valued at approximately $1.9 billion to expand its portfolio of defense technology platforms across ground, maritime, air and space domains.
Lockheed Martin (NYSE: LMT) has received a potential $2.27 billion contract from NASA to build a constellation of Geostationary Extended Observations weather satellites for the National Oceanic and Atmospheric Administration. Work includes the development of three GeoXO weather satellites with options for four additional spacecraft.
Damian DiPippa, formerly CEO of Aretum, has taken on the chief executive role at Auria, a space domain awareness provider backed by Enlightenment Capital. DiPippa brings over three decades of industry experience in missile defense, satellite operations, systems engineering and mission and intelligence.
A General Dynamics (NYSE: GD) subsidiary has received a potential five-year, $1.13 billion contract from the U.S. Navy to provide planning yard support services for the military branch’s DDG 51 Arleigh Burke-class guided-missile destroyers.
The Biden administration has issued an executive order calling for the establishment of the White House Council on Supply Chain Resilience. The council will work to promote and coordinate efforts by the federal government to bolster U.S. industrial competitiveness, strengthen supply chain resilience and help agencies engage in collaboration with international partners to achieve the same.
Jonathan Greenert, a retired U.S. Navy admiral, will take on the role of chair of the board of directors at the U.S. subsidiary of BAE Systems. He will succeed Kelly Ayotte, a former senator who has held the position of board chair at BAE Systems Inc. since December 2021.
Lisa Rosenmerkel was sworn in as chief data officer at the Department of Veterans Affairs after more than a year of holding the post on an acting basis. The official was named acting CDO and executive director of the Office of Data Governance at VA in October 2022.
Peraton has won a position on the potential $1.4 billion Defense Enterprise HR Applications and Data Services blanket purchase agreement awarded by the Defense Manpower Data Center. The DEHRADS BPA covers support for DMDC in 25 task areas, including software development and sustainment, application rationalization and cloud migration and data management and security.
When Steve Karp stepped into the role of CIO for government contractor-focused software company Unanet, he did so knowing that a big part of the job would be continuing to push the envelope to give GovCons more of the intelligent tools they need to deliver superior project outcomes.
Lisa Costa has retired from government service after serving as the U.S. Space Force's first chief technology and innovation officer for nearly three years. Col. Nathan Iven, most recently Costa's deputy, will serve as acting CTIO.