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Leonid Capital Partners has raised more than $265 million for its evergreen fund, exceeding its fundraising goals for 2024. “This milestone marks a belief in our work and the continued demand for credit investment among companies that do mission critical and groundbreaking work across the government ecosystem,” LCP Co-Founder Chris Lay said ...

Intellectual property plays a larger role in the government contracting market than you might think. IP has the power to raise your company’s valuation, unlock better M&A opportunities and even shape the global competition. GovCon Wire sat down with Keegan Caldwell, founder and global managing partner at Caldwell, to talk about the role I...

Gunnison Consulting Group has secured a five-year contract from the State Department to provide cybersecurity support services for the Bureau of Consular Affairs. The McLean, Virginia-based company said Thursday it will implement a zero trust strategy to help the department’s Consular Systems Technology Chief Information Security Officer impro...

Snowflake has agreed to acquire Datavolo, a provider of a single platform developed to automate and manage structured and unstructured data flows between enterprise data sources. The artificial intelligence data cloud company said Wednesday the move is aimed at deepening its service in the ‘bronze layer’ of the data lifecycle and enabling data e...

Prism Maritime has secured a $25.5 million cost-plus-fixed-fee contract from the U.S. Navy to provide alteration installation team and in-service engineering agent support. The Department of Defense said Wednesday that the contract includes options that, if exercised, will bring the total value of the effort to $218.4 million. Under the contract, th...

Cadmus, a technology-empowered strategic consulting firm serving government, commercial, and non-governmental organizations worldwide, has won an Asia Futures Activity contract valued at $150 million to provide services supporting the initiatives of the U.S. Agency for International Development. The Arlington, Virginia-based contractor sai...

AeroVironment has agreed to acquire BlueHalo for approximately $4.1 billion in an all-stock transaction to establish a diversified defense technology company with a portfolio of capabilities, including uncrewed platforms, space technologies, short- and long-range loitering munitions, cyber and electronic warfare systems. In a joint release published...

Executive Mosaic has chosen Zaki Saleh, senior vice president of the health and civilian market at LMI, as chairman of the Healthcare Group for the 4×24 Executive Leadership Series. The 4×24 Leadership Series fosters long-lasting connections between government leaders and industry executives through speaking engagements at dinner...

Northrop Grumman has received a U.S. Navy contract worth approximately $318.7 million to continue providing technical engineering and integration support services for the Trident II (D-5) submarine-launched ballistic missile and underwater launcher systems of guided missile submarines. The Department of Defense said Tuesday the sole-source contract ...

Fresh off nearly a decade at Capgemini Government Solutions, Wash100 Award winner Bill Webner joined Summit Technology Consulting Group in June. However, that venture has, with Webner’s help, now rebranded, transforming into the new Allocore. We were excited to catch up with this accomplished executive to learn about the new company, what it ...