First Advantage (Nasdaq: FA) has acquired biometrics technology provider Infinite ID for $41 million in cash to expand its network and identity verification offerings for U.S. customers. Hicksville, New York-headquartered Infinite ID is a portfolio company of private investment firm Enlightenment Capital and is expected to generate over $10 million ...
General Dynamics’ (NYSE: GD) ordnance and tactical systems unit and Norwegian defense company Nammo’s Florida-based business arm have won spots on a five-year, $488.7 million contract from the U.S. Army to produce red bag charges used for firing in Howitzers containing M185 and M199 cannon tubes. Orders under the fixed-price-incentive contr...
Boeing (NYSE: BA) has secured a potential $70.5 million contract from the Defense Advanced Research Projects Agency to perform work under the second phase of the Glide Breaker program. DARPA launched a competitive acquisition for the cost-plus-fixed-fee contract in accordance with the original broad agency announcement and is obligating $8.2 million...
NASA has begun soliciting insights on a draft request for proposals for the sixth iteration of the Solutions for Enterprise-Wide Procurement contract meant to serve as an acquisition vehicle for information technology products and services. The agency is seeking feedback from potential vendors on the draft RFP’s requirements, evaluation approa...
Executive Mosaic, the Capital region’s premier government contracting membership organization, has named Lockheed Martin Vice President Jim Keffer as the chair of its 4×24 leadership series’ Multi-Domain Group. 4×24 is a favored tradition among GovCon’s most esteemed professionals, a combined social gathering, meeting of th...
Saab has acquired Silicon Valley, California-headquartered artificial intelligence company CrowdAI in a move to expand its portfolio with AI and machine learning capabilities. Devaki Raj Under the deal, future operations of the acquired company will primarily occur in San Diego, California, and Devaki Raj, CEO and co-founder of CrowdAI, will join Sa...
Intelligence Community leaders have recognized the need to evolve to compete in the constantly changing intelligence landscape. To accomplish its transformation goals, the IC has embarked on an all-encompassing modernization journey that considers not just technology, but its people and priorities. At the Potomac Officers Club’s 9th Annual Intel ...
Anduril Industries has acquired Blue Force Technologies, a Morrisville, North Carolina-headquartered manufacturer of unmanned aircraft, in a deal to expand the former’s fleet of autonomous systems. Following the transaction whose financial terms were not disclosed, Anduril said Thursday it will utilize Blue Force Technologies’ digital en...
Mark DeMerse is a thought leader at Carahsoft on 5G and private wireless networks in the public sector. During his nearly 12 years with the company, the sales director has collaborated with Carahsoft’s ecosystem of cellular solution providers to help government organizations take advantage of the latest telecom technology. DeMerse recently partici...
Intel’s (Nasdaq: INTC) foundry business segment will produce 65-nanometer power management BCD technology for Tower Semiconductor (Nasdaq: TSEM) and allow the latter to use its manufacturing facility in Rio Rancho, New Mexico, under an agreement. The agreement will provide Tower with more than 600,000 photo layers of capacity corridor per month to...
