Strategic investment firm Casa del Fuego Family Office and Trust has acquired Digital Global Systems, a provider of patented spectrum optimization technologies, in a stock purchase transaction valued at $5 billion. DGS said Monday it will operate as a wholly owned subsidiary of Case del Fuego with its executive leadership team remaining in place. Th...
Danial Zweifel announced on LinkedIn Monday that he has been appointed vice president of operations at Auria Space. Who Is Danial Zweifel? The executive was promoted after serving as portfolio manager and leader of the satellite communications, or SATCOM, operations division for over two years. Before that, Zweifel was a senior systems eng...
ByKevin Plexico, senior vice president of information solutions at Deltek A more unstable federal government contracting environment, and an increased need for cost management and adapting strategy to new priorities, are just a few of the challenges that businesses involved in public sector sales are facing. These challenges — and the initiatives...
Intel has appointed industry veteran Greg Clifton as general manager of government go-to-market and sales. Clifton announced his appointment in a LinkedIn post published Friday. In a separate announcement published Wednesday, Intel said it has appointed sales leader Greg Ernst as chief revenue officer; Srinivasan Iyengar as senior vice president and...
Mark Buongiorno has been selected as president of aerospace and defense at IFS. The enterprise cloud and industrial artificial intelligence software provider said Thursday Buongiorno will succeed Scott Helmer, who will serve as chairman of IFS Aerospace & Defense. IFS Executive Team Role As part of the IFS executive team, Buongiorno wi...
The Defense Threat Reduction Agency has awarded Parsons a $137 million task order for specialized cyber operations capabilities. Services that will be provided include cyber assessments and subject matter experts supporting cyber operations, development, analysis and research, Parsons said Thursday. The contract was awarded under the Assessment, Exe...
Monique Shivanandan has been named a member of the board of directors at Iridium Communications. The global voice and data satellite communications provider said Tuesday Shivanandan will serve as an independent director under prevailing regulations. She will be part of the Compensation Committee. Matt Desch on Shivanandan’s App...
Defense technology company Raft has acquired N3bula Systems for an undisclosed sum to advance mission-critical defense modernization to support the next generation of unified joint force operations. Raft said Tuesday the acquisition establishes a unified artificial intelligence and data backbone designed to transform fragmented military systems into...
OpenAI has received a potential $200 million other transaction agreement from the Department of Defense’s Chief Digital and Artificial Intelligence Office, or CDAO, to build frontier AI prototypes designed to address critical national security challenges in warfighting and enterprise areas. DOD said Monday work on the prototype OTA will primar...
American Electronic Warfare Associates has booked a $466.7 million cost-plus-fixed-fee contract from the U.S. Navy to provide advanced aircraft research, development, test and evaluation, or AARDT&E, services for the service branch and non-Department of Defense partner nations. Scope of the Contract The DOD said Monday the indefinite-delive...
