Category: News

The Air Force logo. The Air Force posted a new advanced research announcementDOD

Air Force Soliciting White Papers for Secure Intelligence Analytics Platform Under $237M RAPID Initiative

The Department of the Air Force has launched the Resilient Analytic Platforms for Intelligence Delivery, or RAPID, advanced research announcement,
Parsons CEO Carey Smith. Parsons has released a financial report detailing a $6.4 billion 2025 revenue.Financial Reports

Parsons Reports $6.4B in FY2025 Revenue, Record Adjusted EBITDA

Parsons reported $6.4 billion in revenue for fiscal year 2025, while achieving record adjusted EBITDA and net income for the full
Stephen Vukovich. The IT implementation project manager has been been named head of ADAx unit at Sabel Systems.Executive Moves

Sabel Systems Names Stephen Vukovich Interim SVP, ADAx President

Sabel Systems Technology Solutions has appointed Stephen Vukovich, an IT implementation project manager, as interim senior vice president and president
Nikesh Arora, chairman and CEO of Palo Alto Networks. Arora said the acquisition of CyberArk eliminates identity silosArtificial Intelligence

Palo Alto Networks Closes $25B Acquisition of Identity Security Company CyberArk

Palo Alto Networks, a cybersecurity firm headquartered in California, has finalized its acquisition of identity security firm CyberArk in a
Danny Olmes. The Xcelerate Solutions chief risk offcer has been promoted to president of aviation security.Executive Moves

Xcelerate Promotes Danny Olmes to Aviation Security President

McLean, Virginia-based Xcelerate Solutions has promoted Chief Risk Officer Danny Olmes to president of aviation security. The company said Tuesday
General Services Administration logo. GSA issued the list of 55 apparently successful offerors on Polaris IT GWAC WOSB pool.Acquisition & Procurement

GSA Announces 55 Apparently Successful Vendors for Polaris IT GWAC WOSB Pool

The General Services Administration has issued the initial list of 55 apparently successful offerors on the women-owned small business, or
Parsons logo. Parsons secured a $125 million Army task order to provide R&D and technical support for DEVCOM ARL.Contract Awards

Parsons Secures $125M Army Task Order for DEVCOM ARL R&D Support

Parsons has received a potential five-year, $125 million task order from the U.S. Army to provide research, development and technical
Victor Peng. The former AMD president joins PsiQuantum as interim CEO.Executive Moves

PsiQuantum Taps Former AMD President Victor Peng as Interim CEO

PsiQuantum has appointed Victor Peng, former president of Advanced Micro Devices, as interim CEO to lead the company’s shift toward
By Light logo. By Light has acquired Dignitas Technologies to expand its modeling, simulation and training capabilities.M&A Activity

By Light Closes Dignitas Technologies Acquisition to Strengthen Modeling & Simulation Portfolio

By Light Professional IT Services, a Sagewind Capital portfolio company, has acquired Dignitas Technologies for an undisclosed amount. STS Advisors
John Steckel, president and CEO of American Systems. Steckel spoke about using data analytics and AI in test and evaluationContract Awards

American Systems to Accelerate Delivery of New Warfighter Capabilities Under $173M Navy Contract

American Systems has secured a follow-on contract valued at $172.7 million to continue supporting the Naval Surface Warfare Center Indian