In the U.S. Army’s exploration of how it can harness 5G networks, security has become of paramount importance. The fifth generation of mobile networks, or 5G, was deployed globally in 2019 and offers major improvements from its predecessors, like lower latency, higher bandwidth and faster connectivity. But as the U.S. military and government...
Matthew Calderone, chief strategy officer of Booz Allen Hamilton (NYSE: BAH), will take over Lloyd Howell‘s responsibilities as chief financial officer following the latter’s decision to retire from the firm by the end of the year. The incoming CFO will be tasked to help drive Booz Allen’s execution of its Velocity, Leadership and ...
The Department of Defense on Wednesday announced $1.2 billion in biomanufacturing investments days after President Joe Biden signed an executive order to advance biotechnology and biomanufacturing innovation in the U.S. “The Department recognizes biotechnology as a Critical Technology Area that will change the way the DoD develops new capabilities...
ManTech International announced on Wednesday that the company’s sale to global investment firm Carlyle has been completed. The all-cash acquisition represents a total enterprise value of roughly $4.2 billion. Robert W. Baird & Co. acted as the financial advisor for Carlyle in the transaction. ManTech Chairman, President and CEO Kevin Phi...
BlueHalo CEO Jonathan Moneymaker was recently presented his 2022 Wash100 Award, the highest honor in all of government contracting (GovCon), in recognition of his innovation-centric leadership approach that drives company growth and technology capabilities for the company’s customers as well as U.S. warfighters across our nation’s service bran...
Antenna Research Associates has acquired military communications and signal management systems builder SI2 Technologies to create a technology innovation center that will serve defense customers. North Billerica, Massachusetts-based S12 will operate as a wholly owned subsidiary of ARA and the two entities will collaborate across various business ope...
A Raytheon Technologies (NYSE: RTN) and Lockheed Martin (NYSE: LMT) joint venture will manufacture man-portable, anti-tank guided munitions for the U.S. Army as part of a $311.2 million contract modification. The full-rate Javelin production award includes foreign military sales to Jordan and Lithuania, the Department of Defense said Tuesday. Contra...
SkyePoint Decisions has acquired Arrowpoint’s SNR Government IT Services subsidiary for an undisclosed sum to expand offerings meant to help defense sector clients modernize and manage their applications, systems and networks. SkyePoint said Tuesday it will operate SNR GITS as a defense sector arm and integrate the latter’s assets, including Arm...
Sigma Defense Systems has participated in a $25 million investment round for Raleigh, North Carolina-based Diveplane to help that startup further develop trainable artificial intelligence platforms. The series A funding activity also saw participation from Shield Capital, Calibrate Ventures and L3Harris Technologies (NYSE: LHX), Sigma Defense said M...
Google has wrapped up its $5.4 billion cash purchase of Mandiant as both companies aim to provide a suite of end-to-end platforms and support offerings designed to help customers secure cloud and on-premise information technology assets. The search engine company first announced the $23-per-share transaction in March, saying the acquisition will pro...
