Qualtrics International, an experience management software vendor spinning out of SAP (NYSE: SAP), has increased the suggested price range for its initial public offering from between $20 and $24 to between $22 to $26 per share, with the goal of raising $1.28 billion, Bloomberg reported Tuesday. The report said Qualtrics plans to trade under the...
TYSONS CORNER, VA, January 21, 2021 — LMI has received a five-year, $18 million contract to continue helping the Air Force Materiel Command manage logistics processes and other supply chain functions across the Air Force Sustainment Center, ExecutiveBiz reported Friday. The nonprofit consulting firm said Jan. 13 it will apply readiness-based spari...
President Donald Trump has signed an executive order that seeks to address foreign use of infrastructure as a service cloud computing platforms for malicious cyber activities. The order directs the secretary of the Department of Commerce to develop rules within six months to require IaaS providers to verify the identity of foreigners with IaaS accou...
Lockheed Martin (NYSE: LMT) has received a five-year, $254.7M contract from the Missile Defense Agency to maintain two batteries for the United Arab Emirates’ Terminal High Altitude Area Defense system. The company’s space business will also manage logistics and associated product database, develop software, provide training, conduct fie...
Lynne Doughtie, former chairman and CEO of KPMG’s U.S. operations, has been named to Boeing’s (NYSE: BA) board of directors as part of its audit and finance committees. She will fill the seat vacated by Caroline Kennedy, who has served on Boeing’s board over the past three years, the aerospace and defense company said Friday....
The U.S. Space Force’s Space and Missile Systems Center officially awarded on Friday a potential $12B agreement to the National Security Technology Accelerator to manage the Space Enterprise Consortium over a 10-year period. SMC originally planned to award the SpEC management agreement to NSTXL by the end of December but delayed the award to furth...
Dr. Joe Evans, technical director for 5G at the Department of Defense (DOD), recently discussed the impact that innovative technologies and 5G integration have on the private and public sectors during Potomac Officers Club’s (POC) 5G Summit. If you missed the 5G Summit, you can still register to watch the OnDemand footage by visiting Potomac...
David Goldfein, former chief of staff of the U.S. Air Force and two-time Wash100 Award recipient, has been named a senior adviser at New York-based investment company Blackstone (NYSE: BX). Goldfein retired from the Air Force in October with the rank of general after 37 years of service and will provide advice to the Blackstone...
Leidos (NYSE: LDOS) closed its $215M cash acquisition of 1901 Group, a provider of managed information technology and cloud platforms in public and private sectors, a month after it announced the transaction. Leidos said Thursday it will operate 1901 Group as a wholly owned subsidiary and integrate the latter’s nearly 400 cloud, cyber and IT...
VTG has acquired Fairfax, Virginia-based systems engineering company Intelligent Shift for an undisclosed sum in a move to add intelligence agencies to the former’s national security customer portfolio. Chantilly, Virginia-based VTG said Wednesday the transaction also expands the company’s systems, digital and software engineering suppor...
