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The U.S. Department of the Air Force is looking toward a revised strategy in how it goes about procuring technologies from industry partners and encouraging innovation in the commercial sector. In order to speed up the fielding and implementation of new tools, DAF leaders are turning to alternative sources for products and services. “We have...

Private equity firm Vector Capital has completed its purchase of Riverbed Technology for an undisclosed sum and named tech industry veteran Dave Donatelli as CEO of the acquired information technology company. Dan Smoot, most recently CEO of Riverbed, will continue to support the company during the transition period, Riverbed said Tuesday. Donatelli...

Greg Blue, former chief financial officer of Cydecor, has taken on the CFO role at Client Solution Architects and he will be responsible for accounting, budgeting, project control and human resources functions. CSA said Tuesday that Blue’s corporate experience includes work on merger and acquisition transactions, integration processes and ente...

Chuck Hicks, a finance and business leader in the GovCon industry, has been named chief financial officer of Thomson Reuters Special Services, GovCon Wire has learned. He brings to the position over 25 years of experience overseeing financial and business operations, mergers and acquisitions, strategic partnerships and integration initiatives for se...

AE Industrial Partners has purchased a controlling stake in cyber technology company REDLattice through its third fund that launched in November 2022. John Ayers, founder and CEO of REDLattice, and Kevin Rummel, president and chief operating officer, will stay and keep significant ownership stakes in the company, AEI said Thursday. Chantilly, Virgin...

Ernst & Young will help the Department of the Air Force audit its general fund and working capital fund under a potential five-year, $200.2 million contract from the Defense Finance Accounting Service. The labor-hour contract provides for audit services of financial statements and examination and includes a 12-month base period that runs through...

Private equity firm AE Industrial Partners has agreed to purchase a controlling stake in small satellite builder York Space Systems for an undisclosed sum. York Founder and CEO Dick Wallinger will continue to oversee the company and Chairman Charles “Chuck” Beames will continue to sit on the board, AEI said Tuesday. Wallinger and Beames ...

Seventeen companies have won spots on a potential five-year, $650 million contract to provide subject matter expertise to help the Department of Veterans Affairs design, build and test novel platforms, services and care models that could be scaled into clinical production in support of the Veterans Health Administration. The VA named its industry pa...

Professional services firm EY US will absorb California-based information technology and management consultancy Cambria Solutions under an agreement signed between the two companies. Cambria runs a privately funded innovation laboratory, called Kappy, that focuses on developing technology for government applications, and will become part of the EY w...

AE Industrial Partners has agreed to buy a significant stake in Firefly Aerospace from Noosphere Venture Partners for an undisclosed sum to further expand its portfolio of space technology companies. AEI said Thursday Cedar Park, Texas-based Firefly, which develops in-space and launch vehicles for small payloads, closed a round of Series A financing...