The U.S. Air Force has selected Raytheon (NYSE: RTN) to develop two prototypes of a High Energy Laser Weapon System for experimental use under a $23.8M sole-source contract. Raytheon will aim to complete the HELWS project by Nov. 1 of next year, the Department of Defense said Friday....
Guidehouse, a Veritas Capital portfolio company, has agreed to buy Navigant Consulting (NYSE: NCI) for approximately $1.1B in a move to create a global consultancy that will serve both the public and private sectors. Shareholders in Navigant will get a cash payment of $28 per share, a 16 percent premium over the Chicago-based company's Thursday...
Raytheon (NYSE: RTN) and other companies are studying the potential use of artificial intelligence and machine learning in weather-related applications, Bloomberg reported Sunday....
President Donald Trump on Friday withdrew his plan to nominate Rep. John Ratcliffe (R-Texas) to serve as the next director of national intelligence after lawmakers raised questions over his qualifications, the New York Times reported Friday....
On Monday, GovConWire reported that President Trump would nominate Rep. John Ratcliffe (R-Texas) to succeed Dan Coats as the director of National Intelligence. “I think that John Ratcliffe is going to do an incredible job, if he gets approved,” Trump told reporters at the White House via CNN. “I think we need somebody like th...
E3/Sentinel has bought Reston, Va.-based enterprise information management company Data Works as part of efforts to grow analytics, engineering and software development service offerings for the intelligence community market....
A new report by consulting firm McAleese & Associates says General Dynamics recorded $9.6B in sales during the second quarter of 2019, up 4 percent from the prior year period....
Raytheon (NYSE: RTN) and Northrop Grumman (NYSE: NOC) will build competing prototypes of a 50 kilowatt-class laser weapon system for Stryker vehicles under a potential $203M other transaction authority agreement secured by Kord Technologies from the U.S. Army....
Jim Garrettson, founder and chief executive officer of Executive Mosaic, presented Lt. Gen. Robert Ashley, director of the Defense Intelligence Agency (DIA), with his second consecutive Wash100 Award during Potomac Officers Club’s 6th Annual Intel Summit on Wednesday. ...
Perspecta (NYSE: PRSP) has completed its $250M acquisition of Knight Point Systems. The purchase seeks to expand Perspecta's cloud, cyber, digital transformation and enterprise IT offerings intended to help modernize and transform government mission delivery, the company said Thursday. Baird served as the exclusive financial adviser to Knig...
