LexisNexis Special Services has been selected as one of the prime vendors on a potential five-year, $1.21 billion blanket purchase agreement to perform credential and identity verification work for the Department of Labor, GovCon Wire has learned. DOL is seeking contractor support through the multiple-award BPA to prevent fraudulent activity and fac...
Microsoft (Nasdaq: MSFT) has agreed to buy cybersecurity company RiskIQ for more than $500 million in cash as part of efforts to expand its products and safeguard customers from cyberattacks, Bloomberg reported Monday. Bloomberg cited sources that say the transaction could be announced in the next few days. Founded in 2009, RiskIQ is a San...
Intelligent Waves has promoted John Hammes from senior director of innovation, research and development to chief strategy officer, bringing more than two decades of information technology experience to his new position. Hammes will aim to expand the Reston, Virginia-based IT company’s work with defense, special operations and intelligence cust...
David Stagney, senior director at Pratt & Whitney, served as moderator for an expert panel discussion during the Potomac Officers Club’s 2021 Air Force Acquisition Forum on July 8th. The following panelist discussed embracing digital transformation and agile development featuring Preston Dunlap of the Department of the Air and Space Forc...
Greg Agnew, a partner at Acorn Growth Companies and a two-decade financial services industry veteran, has been appointed to lead the private equity firm’s mergers and acquisitions group. He will also succeed the retiring Robert Hinaman as head of Acorn’s Washington, D.C. office, the company said June 30. Agnew will oversee intermediary r...
The U.S. Army has released a solicitation for administration and maintenance services in support of supercomputers at several Department of Defense centers that provide hardware, software, data storage and other resources to a High Performance Computing computational environment. According to the SAM.gov notice posted Thursday, the Army Corps of Eng...
John Sherman, acting chief information officer at the Department of Defense, said the recently announced replacement to the Joint Enterprise Defense Infrastructure cloud contracting program is planned to leverage direct awards to multiple vendors of enterprise cloud services, DOD News reported Wednesday. The initial awards under the Joint Warfightin...
Stu Shea, chairman, president and CEO of Peraton, was presented his 2021 Wash100 Award, the most esteemed and respected award in all of government contracting (GovCon), by Executive Mosaic CEO Jim Garrettson last week during a recent visit to the company’s office. This marks the fourth consecutive year and fifth overall that Stu Shea has...
BAE Systems‘ land and armaments business has received a five-year, $600.2 million contract to provide support to the U.S. Army’s next generation of armored vehicles meant for integration with the Armored Brigade Combat Team in the future. The Armored Multi-Purpose Vehicle, along with the M113 family of vehicles that AMPV is intended to r...
Defense companies will likely continue to pursue mergers and acquisitions as geopolitical issues evolve, even though defense spending remains essential flat for the rest of 2021, according to PwC’s midyear outlook report. The professional services firm reports the aerospace and defense industry saw record values and volumes of M&A activity...
