TYSONS CORNER, VA, July 29, 2019 — David Peed, vice president and general manager of Equinix, has said federal agencies need to build on their network infrastructure or network hubs as the first in a four-step approach to advance their efforts to modernize their information technology and data center operations, ExecutiveBiz reported July 18....
A new McAleese & Associates report says Boeing’s (NYSE: BA) defense, space and security business reported $6.6B in sales for the second quarter of 2019, showing an 8 percent increase from the same period last year....
Leidos (NYSE: LDOS) has secured Federal Risk and Authorization Management Program certification for a cloud-based technology platform designed to help government officials manage data on constituents....
A new PwC report says the value of mergers and acquisitions in the global aerospace and defense industry was $58.3B in the second quarter of 2019 and the total deal value for year-to-date 2019 was $64.4B, increasing by 2.7x when compared with YTD 2018....
The Carlyle Group (Nasdaq: CG) and Stellex Capital Management have agreed to buy Portland, Ore.-based defense and maritime services firm Vigor Industrial and combine it with Stellex-owned MHI Holdings for an undisclosed sum to form a combined ship repair and fabrications services company....
SE Solutions has adopted the name Steampunk and tagline “Design. Disrupt. Repeat” to reflect the how the company delivers technical consulting services to federal market clients and helps customers address challenges....
Parsons (NYSE: PSN) has agreed to buy radio frequency products developer QRC Technologies from private equity firm DC Capital Partners for approximately $215M in cash in a push to expand its portfolio of products in the RF and signals intelligence sector....
The White House and Congress have reached a deal that would suspend the debt limit until the end of July 2021 and raise federal spending over two years, The Wall Street Journal reported Monday. The two-year budget deal worth more than $2.7T would increase federal spending by about $320B over a couple of years above budget caps set in the Budget Con...
On Monday, the House passed a $733 billion defense policy bill, by a 220 to 197 vote, for fiscal year 2020. The lower chamber™s 2020 National Defense Authorization Act is $17 billion less than the president™s budget request. Lawmakers are expected to meet in the coming months to reconcile the House NDAA with the Senate™s...
The U.S. Army will launch a contracting process to identify up to three companies that can help manage the service branch’s information technology systems via other transaction agreements, Federal News Network reported Wednesday....
