Adam Gruber has been appointed chief technology officer of Enterprise IT, Cloud Solutions at CACI International (NYSE: CACI), the executive announced on LinkedIn Thursday. In his new role, he will lead strategic vision, technological innovation and regulatory compliance efforts to assist the company’s national security clients in the...
Boeing (NYSE: BA) has secured an indefinite-delivery/indefinite-quantity contract valued up to $6.9 billion from the U.S. Air Force to manufacture and deliver small diameter bombs to the militaries of U.S., Japan, Bulgaria and Ukraine. The Department of Defense said Tuesday the SDB Increment 1 contract includes foreign military sales and encom...
HII‘s (NYSE: HII) Mission Technologies division has received a potential five-year, $458 million task order from the Department of Defense to help DOD modernize its communications and information technology networks to facilitate rapid decision-making on the battlefield. The company said Tuesday the U.S. Air Force’s 774th Enterprise Sour...
Strategic and technical consultancy Cadmus has acquired Ventera for an undisclosed sum to expand its digital transformation offerings for government and private sector companies. As a result of the acquisition, Cadmus said Tuesday it will create a new technology solutions division focused on expanding its presence in the health care, finance, ...
Rod Fontecilla, former partner and chief innovation officer at Guidehouse, has assumed the newly created role of chief innovation and artificial intelligence officer at Madison Dearborn Partners-backed Harmonia Holdings Group. The executive will lead the Technology and Innovation Council, which was recently established to support the capability deve...
OceanSound Partners has secured $1.49 billion in total capital commitments for its second fund, enabling it to pursue investments in technology companies serving government and highly regulated enterprise end markets. The New York-based private equity firm said Tuesday the oversubscribed OceanSound Partners Fund II closed above its target of $1 bill...
The Professional Services Council elected five GovCon industry leaders to its board of directors during the Sept. 12 meeting of its executive committee. In a statement published Monday, PSC President and CEO David Berteau said the five new board members bring decades of industry experience and their contributions will be key to the association’...
Mobix Labs (Nasdaq: MOBX) has offered to acquire EMCORE (Nasdaq: EMKR), a provider of inertial sensors and systems for land, sea, air and space applications in the aerospace and defense market. The Irvine, California-headquartered fabless semiconductor company said Monday its all cash proposed offer is $3.80 per share, representing a more than 200 p...
The U.S. Air Force has awarded Lockheed Martin‘s (NYSE: LMT) missiles and fire control business a $3.23 billion sole-source contract for the production of joint air-to-surface standoff missiles and long-range anti-ship missiles. The firm-fixed-price, undefinitized contract action covers JASSM Lot 22 and foreign military sales missile procureme...
Executive Mosaic’s GovCon Index closed 0.43% higher at $5,366.84 on Friday for another winning week. The index, which tracks the stock performances of 30 major government contractors, had the same pattern in the last three weeks: three daily gains and two daily losses. Besides the 1.38% advance for the week, GCI is now up 14.96%...
