Palo Alto Networks, a cybersecurity firm headquartered in California, has finalized its acquisition of identity security firm CyberArk in a transaction valued at approximately $25 billion. Palo Alto Networks said Wednesday that it will integrate the CyberArk Identity Security Platform into its Cortex and Strata platforms to deliver identity-aware se...
McLean, Virginia-based Xcelerate Solutions has promoted Chief Risk Officer Danny Olmes to president of aviation security. The company said Tuesday Olmes will lead strategic growth initiatives, operations and delivery efforts in support of the Transportation Security Administration’s programs and partnerships with federal agencies, industry par...
Defensive cyber has become foundational to federal digital modernization strategy, shaping how agencies approach cloud adoption, AI integration and enterprise IT transformation. In a recent GovCon Conversation video interview, Josh Salmanson, vice president and defensive cyber practice lead at Leidos, spoke with Executive Mosaic about embedding cybe...
Parsons has received a potential five-year, $125 million task order from the U.S. Army to provide research, development and technical services for the service’s Combat Capabilities Development Command Army Research Laboratory, or DEVCOM ARL. The recent award reflects continued collaboration between the Army and industry to advance research and...
PsiQuantum has appointed Victor Peng, former president of Advanced Micro Devices, as interim CEO to lead the company’s shift toward large-scale deployment of its utility-scale quantum systems while a search for a permanent CEO is underway. Peng will succeed co-founder Jeremy O’Brien, who will transition to executive chairman to lead the ...
By Light Professional IT Services, a Sagewind Capital portfolio company, has acquired Dignitas Technologies for an undisclosed amount. STS Advisors and Shuffield Lowman advised Dignitas on the transaction, while Goodwin Procter and Morrison Foerster served as legal counsel to By Light, the company said Tuesday. Why Did By Light Acquire Dignitas? The...
American Systems has secured a follow-on contract valued at $172.7 million to continue supporting the Naval Surface Warfare Center Indian Head Division’s Demonstration and Assessment Team. The award includes a one-year base period and four one-year options, the company said Tuesday. This latest contract award demonstrates the Navy’s comm...
Peerless Technologies has appointed defense and intelligence community veteran Brent Gerity as president of its newly acquired subsidiary QED Systems. In a LinkedIn post on Tuesday, the company said Gerity will oversee QED’s next phase of growth while maintaining continuity in program execution, strengthening customer relationships and support...
Leidos has been awarded a $142 million contract to support the modernization of IT operations of the Compartmented Enterprise Services Office, or CESO, within the Defense Information Systems Agency. Potomac Officers Club’s 2026 Digital Transformation Summit on April 22 brings together senior officials driving government IT modernization, ...
KBR has been awarded two task orders worth $103 million to boost strategic decision-making and capability development for the U.S. Space Force. Secured under the Decision Support for Headquarters USSF Analysis contract, the firm-fixed-price awards will provide critical support for personnel readiness across the Space Force and the Department of the ...
