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IBM (NYSE: IBM) has agreed to buy government technology services provider Octo from Arlington Capital Partners in a move to complement Big Blue’s IT and digital transformation offerings for the federal sector. Baird served as financial adviser to Arlington and Octo on the transaction. Financial terms of the deal were not disclosed and all the...

James Lackey spent three decades serving as a civilian in the Department of Defense in various capacities. He began as a flight test engineer at Naval Air Systems Command in Patuxent River, Maryland, where he quickly ascended to a department management position. After this, Lackey was promoted to the Pentagon as a senior executive working...

The State Department has approved a pair of proposed agreements worth a combined $428 million to sell non-standard and standard military aircraft spare parts to the government of Taiwan. Taiwan’s economic and cultural representative office asked to procure accessories, spare parts and consumables for F-16, C-130 and other U.S.-manufactured air...

Mile Corrigan has dedicated her career to advancing national security goals through measured, consistent technological progress and continuous innovation for the federal sector. A long-time employee of Noblis, the Reston, Virginia-based nonprofit science and technology organization, Corrigan initially served in roles such as computer scientist and s...

John Mengucci, president and CEO of CACI International (NYSE: CACI), said the company is spending about $35 million annually on independent research and development with a focus on signals intelligence, space and electronic warfare areas, Defense News reported Monday. He told the publication on the sidelines of a forum in California that several tec...

A General Dynamics (NYSE: GD) business unit has received an $84 million contract to continue clinical research work for a Defense Health Agency organization that trains and monitors service members and veterans affected by traumatic brain injury. General Dynamics Information Technology will help personnel at the Traumatic Brain Injury Center of Exce...

Textron’s (NYSE: TXT) Bell subsidiary has won a potential $1.3 billion contract from the U.S. Army to build its V-280 Valor tiltrotor for the service branch’s Future Long-Range Assault Aircraft program. The Army said Monday FLRAA will replace the branch’s UH-60 Black Hawk helicopter and the initial contract will cover the delivery of virtu...