Telos (Nasdaq: TLS) has purchased the ONYX touchless fingerprinting software, all patents and other assets of Diamond Fortress Technologies for an undisclosed sum as part of efforts to expand its digital identity and biometric intellectual property portfolio. Telos said Monday it will integrate DFT’s ONYX software with its IDTrust360 platform, whi...
Greg Wenzel, an executive vice president with Booz Allen Hamilton, was presented a 2021 Wash100 Award for his thought leadership and being a driving force for defense solutions that support warfighters’ competitive edge in digital warfare. In addition, Wenzel has also been influential in growing the company’s revenue through securing val...
NASA intends to exercise a two-year option on its $500 million indefinite-delivery/indefinite-quantity contract that supports research and engineering requirements of the International Space Station. The agency said Saturday it will extend the performance period for the Research, Engineering, Mission Integration Services Contract in a strategy to es...
A global health crisis is what it took for agencies under the Department of Defense to consider adopting a unified enterprise that can support centralized systems for email and office applications. Danielle Metz, deputy CIO for information enterprise at the DOD, said in a June 1 interview with Federal News Network that the experience of...
Software research and development company Galois has formed an independent company that will aim to produce integrated chip technologies. Galois said Friday its technology projects on field-programmable gate arrays, cyber-physical systems and application-specific integrated circuits serve as the foundation of work at the new entity named Niobium Mic...
SAS looks to streamline select operational processes, enhance financial reporting structure, increase focus on segments with growth potentials and begin other preparations for initial public offering by 2024. Jim Goodnight, cofounder and CEO of SAS, said in a statement published Thursday the company’s move toward IPO preparedness is built on i...
General Dynamics (NYSE: GD) posted flat internal revenue of $9.2 billion for the second quarter of its 2021 fiscal year and net earnings of $737 million, a 17.9 percent increase from the same period last year. The Reston, Virginia-based defense contractor said Wednesday its earnings were $2.61 per diluted share for the quarter and cash...
Data center colocation services provider Cyxtera Technologies will start trading Friday on Nasdaq after it completed its merger with blank check company Starboard Value Acquisition Corp. (Nasdaq: SVAC). Both parties first announced the $3.4 billion merger deal in February and Cyxtera said Thursday SVAC’s stockholders approved the combination durin...
The White House has released a national security memorandum to improve the cybersecurity posture of critical infrastructure. The memo announces the establishment of the Industrial Control Systems Cybersecurity Initiative to facilitate the deployment of technologies meant to provide threat detection and visibility and cyber response capabilities in o...
Raytheon Technologies (NYSE: RTX) has received a $482.9 million contract modification from the U.S. Air Force to manufacture lot 35 Advanced Medium Range Air-to-Air Missiles for domestic and international defense customers. The award exercises pre-priced options on an existing contract for the production of AMRAAMs, telemetry systems and spares, the...
