NVIDIA (Nasdaq: NVDA) agreed to acquire Mellanox Technologies (MLNX) for approximately $6.9B in a push to expand its footprint in the high-performance computing market. NVIDIA said Monday it will pay $125 in cash for each share of Mellanox through a deal, which is expected to close by the end of 2019, subject to approvals by...
Jim Garrettson, founder and CEO of Executive Mosaic, presented Al Whitmore, president of intelligence and security sector for BAE Systems’ U.S. arm, with his second consecutive Wash100 award on Thursday. Executive Mosaic recognizes Whitmore for leading BAE to major contracts in R&D and adapting to the cloud and other emerging techn...
Corvid Technologies has won a potential five-year, $223.2M contract to provide hardware, equipment and components needed to produce sub-orbital flight vehicles for the U.S. Navy, other government organizations and Japan. The company will provide the items to support the production and integration of short- and medium-range rocket-based vehicles desi...
Plano, Texas-based public sector software provider Tyler Technologies has finalized its acquisition of MicroPact from Arlington Capital Partners. Lynn Moore, president and CEO of Tyler, said in a statement published Thursday the deal aligns with the company™s long-term strategy to build up its current offerings with the addition of complementar...
On Tuesday, KBR revealed the company™s fourth quarter and financial results for fiscal 2018 and announced 31 percent organic growth in government services for the fourth consecutive quarter. In the fourth quarter, KBR had a revenue growth of 42 percent to $1.3B with diluted EPS of $0.31, an adjusted EPS of $0.39 and $129M in...
General Dynamics™ (NYSE: GD) information technology business, has received a potential seven-year, $99M contract from the Federal Aviation Administration to design, install and maintain FAA™s Data, Visualization, Analysis and Reporting System. The company said Tuesday the indefinite-delivery/indefinite-quantity contract has a two-year base...
Leidos (NYSE: LDOS) has won a potential 10-year, $2.9B contract to provide information technology platforms and services to IT end-users at NASA’s headquarters and facilities. The company will deliver and manage computers, software, mobile IT support, accessories and peripherals and supporting infrastructure under the NASA End-user Servic...
TYSONS CORNER, VA, February 6, 2019 ” Perspecta‘s (NYSE: PRSP) research arm has worked with the Defense Advanced Research Projects Agency to test cyber-physical security platforms for power grid systems during the Liberty Eclipse Phase II exercise, ExecutiveBiz reported Thursday. The company said Jan. 30 Perspecta Labs took part...
Thomas Lydon, formerly a senior vice president at Sabre Systems, has joined Chantilly, Va.-based technology integrator VT Group as president of the newly established aviation solutions division. He will oversee the combined business of VT Group™s global aviation services and the logistics and engineering capabilities of the newly acquired ...
Public sector software provider Tyler Technologies (NYSE: TYL) has agreed to purchase MicroPact from Arlington Capital Partners for approximately $185M in cash in a move to broaden its footprint in the federal government sector. Plano, Texas-based Tyler said Friday the companies expect to close the transaction on March 15, subject to federal approva...
