These “deals of a different stripe” to own part of a company require the same business muscles as acquisitions: belief in a business and a willingness to put down money in support of that belief.
In keeping with past versions, the Defense Microelectronics Activity has structured the new contract to be broad in scope as it looks to bring in more modern computer chips for military systems.
This chipmaking startup's network of backers includes In-Q-Tel and RTX Ventures, a fact worth highlighting given their connections to potential government end users.
This edition of our weekly executive movement list begins with one company's realignment and ends with a pair of appointments involving boards of directors.
The Defense Threat Reduction Agency will choose up to eight companies for this recompete of a contract vehicle focused on partnerships with other nations.
This is for the full-and-open portion of a contract vehicle used to acquire research-and-development services for global space, missile defense and high-altitude missions.
Three incumbents will continue onto this expanded iteration of the program focused on defending against unintended technology transfers or alterations by adversaries.
Both the company and Greg Hayes' tenure started amid the coronavirus pandemic and essentially a pause in air travel. Chris Calio will move up to CEO in the spring amid rising demand for defense products.
RTX is fetching $1.3 billion for its cybersecurity, intelligence and services business unit. We can tell you all about the transaction even without (yet) knowing the acquirer's identity.
