Four U.S. lawmakers have urged the Department of Defense to strengthen its review process for mergers and acquisitions and be more transparent with the public about the findings of its reviews of such transactions while ensuring the need to safeguard national security and confidential business information. In a letter addressed to Defense Secretary ...
As the digital world continues to expand, cybersecurity, data and new technologies are rising to the forefront and becoming essential to government and industry organizations alike. M9 Solutions President and Chief Revenue Officer Sean DuGuay sat down with Executive Mosaic to discuss how the defense landscape is changing, which emerging technol...
Francisco Partners is reportedly selling a majority stake in Forcepoint’s government-focused cybersecurity unit to fellow private equity firm TPG (Nasdaq: TPG) for approximately $2.45 billion, The Wall Street Journal reported Sunday. The price of the deal between the two technology investment companies is more than double the amount Francisco ...
Nonprofit organization Silicon Valley Defense Group has named In-Q-Tel, the intelligence community’s venture capital arm, as the most active investor in top defense and national security startups. IQT has invested in 34 companies included in SVDG’s inaugural list of top 100 defense and dual-use technology startups backed by venture capital firms...
Guided by Secretary Frank Kendall’s Seven Operational Imperatives – space order of battle, operationally focused advanced battle management systems, moving target engagement, tactical air dominance, resilient basing, global strike and readiness to deploy and fight – the U.S. Department of the Air Force is preparing to launch a number...
Conn Doherty, former vice president of strategic campaigns at Raytheon Intelligence & Space, has been appointed to vice president and general manager roles at Collins Aerospace. Doherty announced his new post Monday on LinkedIn and will be responsible for Collins Aerospace’s battlespace management command and control and autonomy platforms...
The U.S. Air Force made a $5.5 billion modification to an existing deal with Pratt & Whitney, a subsidiary of RTX (NYSE: RTX), for the sustainment of F-117 aircraft engines. The award increases the value of the project to $8 billion and extends the expected completion date to September 2027, the Department of Defense said...
Kevin Toner, former managing director of treasury, economics and commerce at Mitre, has been elevated to the role of vice president of the organization’s Center for Government Effectiveness and Modernization. He will lead the team that supports work programs and emerging technologies under the federally funded Center for Enterprise Modernizati...
The federal government allocates substantial financial services amounting to millions and even billions of dollars to procure a diverse range of services encompassing defense, weaponry, healthcare, cybersecurity, space missions, and more. Federal agencies enter into contracts with private companies that offer these specialized services to accomplish...
Shea Ferring was elevated to the role of chief technology officer at Firefly Aerospace, where he recently served as senior vice president of engineering responsible for leading its four key launch vehicle product activities. In a LinkedIn post Wednesday, the AE Industrial Partners portfolio company highlighted Ferring’s contribution to the Fir...
