Daily Briefs

Daily Briefs

BALERION SPACE VENTURES announced oversubscribed $200M Fund II fundraising with Latham & Watkins LLP serving as legal counsel.

SERCO has $49m U.S. Air Force indefinite-delivery/indefinite-quantity contract for technical analytics and transition support to enhance speed, rigor, and scale of acquisitions across weapon systems at Eglin AFB, FL.

BAE SYSTEMS has $99.2m U.S. Navy contract for systems engineering and integration support services for Portfolio Acquisition Executive Strategic Systems Programs.

DUFOUR AEROSPACE promoted Timon Wehmann to co-CEO for vision and products, adding to his role as chief engineer; CEO Sascha Hardegger becomes co-CEO for operations.

HII promote Greg Ennis to chief financial officer of mission technologies from vice president and controller of the division.