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Tag Archives: information technology

Veritas Capital Raises $3.6B for Future Investment in Midmarket Tech Companies

Veritas Capital has raised $3.55 billion to fund future investments in technology-focused middle-market companies that support government-related and commercial organizations across various sectors. The private equity investment firm said Wednesday Veritas Capital Fund VI, which exceeded the target hard cap of $3 billion in four months, could go to investments in sectors such …

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BAE-Commissioned Research Finds Disconnect Between C-Suite, IT Leaders on Cyber Responsibility

TYSONS CORNER, VA, Feb. 13, 2017 — A new study by BAE Systems has found that C-suite executives and information technology leaders have different views on cybersecurity responsibilities when it comes to cyber threat response, ExecutiveBiz reported Friday. The company said Thursday 50 percent of IT leaders believe senior management should take …

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Defense News: NATO Eyes $3B IT, Command & Control Contract Spending Over 2 Years

NATO plans to spend $3.2 billion on contracts in support of requirements such as cybersecurity, information technology and command-and-control systems over the next two and a half years, Defense News reported Friday. Peter Scaruppe, acquisition director for NATO’s Communications and Information Agency, told the publication in an interview that the agency …

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CSRA to Transfer Workload to Microsoft’s Azure Gov’t Cloud Platform; John Dancy Comments

TYSONS CORNER, VA, Feb. 8, 2017 — CSRA (NYSE: CSRA) has signed a three-year enterprise agreement with Microsoft (Nasdaq: MSFT) that will allow the former to migrate its workload to the latter’s Azure Government cloud platform, ExecutiveBiz reported Tuesday. The Falls Church, Virginia-based information technology contractor said Monday the cloud migration will help …

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General Dynamics Unit Secures $70M Navy Enterprise IT, Cybersecurity Services Contract

General Dynamics‘ (NYSE: GD) information technology unit has received a potential three-year, $70 million contract to provide enterprise-level IT services to various U.S. Navy installations. The company said Monday work covers engineering, technical and program support to the Commander, Navy Installations Command and the Space and Naval Warfare Systems Center Atlantic in areas such as cybersecurity engineering; data center …

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February 6 Market Close: GovCon Index Inches Green on Aerospace Prime Boosts, US Stocks Lower

Executive Mosaic’s GovCon Index notched a small advance Monday on help from large aerospace-and-defense primes as U.S. stocks held lower without a major event as a driver of trading activity in equity markets. GovCon Index gainers and decliners split even at 15-each but eight of its 11 S&P 500 components gained with seven of …

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HPE, CSC Reveal Board of Directors for Future Combined IT Services Company

Hewlett Packard Enterprise (NYSE: HPE) and Computer Sciences Corp. (NYSE: CSC) have named 10 directors who will serve on the board of the company that will form out of a planned merger between CSC and HPE’s enterprise services business. The companies said Friday current CSC President and CEO Mike Lawrie will …

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CSRA Joins SAP-Run IT Business Partnership Program

TYSONS CORNER, VA, Jan. 31, 2017 — CSRA (NYSE: CSRA) has joined SAP‘s (NYSE: SAP) PartnerEdge Program that works to provide tools and resources to foster business development and collaboration among information technology firms, ExecutiveBiz reported Monday. Yogesh Khanna, CSRA chief technology officer, said in a statement published Friday the partnership will work to …

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Former CSRA Operations Director Christine Couch Joins MetroStar as Defense, Intell Group SVP

Christine Couch, formerly director of operations at CSRA (NYSE: CSRA), has joined MetroStar Systems as senior vice president for the defense and intelligence business at the Reston, Virginia-based information technology services contractor. MetroStar said Wednesday Couch will be responsible for helping develop and execute the company’s strategies to grow technology offerings for the Defense Department and …

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CenturyLink to Offer Cloud Services to State, Local Gov’t Agencies Under NASPO Agreement

TYSONS CORNER, VA, Jan. 20, 2017 — CenturyLink (NYSE: CTL) has secured a 10-year agreement with the NASPO ValuePoint Cooperative Purchasing Organization for the delivery of cloud services to state and local government agencies, ExecutiveBiz reported Thursday. The company said Wednesday its cloud offerings will work to support users to address present and …

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