A consortium led by private equity firm Symphony Technology Group has agreed to acquire FireEye’s (Nasdaq: FEYE) products business, including the FireEye name, for approximately $1.2 billion in cash. Milpitas, California-based FireEye said Wednesday it expects to complete the sale by the end of the fourth quarter and the deal will separate Mandian...
GovCon Expert Chuck Brooks, a highly esteemed leader to the cybersecurity and government contracting (GovCon) sectors as well as an influential member of Executive Mosaic’s GovCon Expert program, has released his latest article with the program. Previously, Brooks summarized the most significant trends in cyber that are impacting the federal lands...
During GovCon Wire Events’ AI: Innovation in National Security Forum, the most important private and public sector leaders will discuss how emerging artificial intelligence (AI) technology is radically transforming the national security space. AI has already become an integral element of national security goals, priorities and overall strategy. De...
Accenture’s (NYSE: ACN) federal services arm has agreed to acquire analytics company Novetta from global investment firm The Carlyle Group (Nasdaq: CG) for an undisclosed sum as part of efforts to expand its artificial intelligence, cloud and cyber capabilities in support of missions of defense, intelligence and law enforcement agency clients. Acc...
Micah Maryn, senior solutions engineer at Akamai Technologies (Nasdaq: AKAM), said edge computing could help government agencies improve the experience of citizens and employees on any device while enhancing security. Maryn discussed how edge computing platforms like Akamai Edge improve performance and security by reducing the distance between the d...
President Joe Biden has unveiled a $715 billion budget request for the Department of Defense for fiscal year 2022, which reflects a 1.6 percent rise from the FY 2021 enacted amount of approximately $703.7 billion. The proposed defense budget proposal includes $27.7 billion in funds for nuclear modernization efforts, including $3 billion for B-21 Lon...
CAE‘s health care arm has appointed four executives to fill sales leadership roles across its military and government, e-commerce, strategic and core business segments. Heidi Wood, president of CAE Healthcare, said in a statement published Thursday the vice president appointments are aimed at supporting the company’s market expansion and...
A Leidos (NYSE: LDOS) subsidiary has secured a potential five-year, $110 million contract to provide medical exams to current and prospective FBI staff. QTC Medical Services will form and oversee a network of private health providers to conduct fit for duty evaluations and vaccinations as part of the single-award, indefinite-delivery/indefinite-quan...
Lockheed Martin (NYSE: LMT) and General Motors (NYSE: GM) have partnered to construct a lunar rover to enable astronauts to explore the moon’s surface in support of NASA’s Artemis program. “Surface mobility is critical to enable and sustain long-term exploration of the lunar surface,” Rick Ambrose, executive vice president of Lockheed’...
The Atlantic Council has released a report offering recommendations for the U.S. government and its allies to maintain national security and economic competitiveness in the global economy with the use of technology. The council said Wednesday its Commission on the Geopolitical Impacts of New Technologies and Data classified those recommendation...
