Nir Zuk, Palo Alto Networks‘ founder, chief technology officer and a member of the board of directors, has retired after more than two decades of shaping the cybersecurity firm. Zuk pioneered the next-generation firewall that helped redefine the cybersecurity industry, Palo Alto Networks said Monday. After building the company into a glo...
Enlightenment Capital-backed Cryptic Vector has acquired Caesar Creek Software for an undisclosed sum as part of a push to expand its portfolio of offensive cybersecurity offerings. Expanding Offensive Cyber Portfolio Established in 1998, Dayton, Ohio-based Caesar Creek provides offensive cyber research and development support in the areas of vulner...
Chainalysis Government Solutions has promoted Wyn Elder, most recently chief operating officer, to president and CEO. Elder announced his appointment in a LinkedIn post published Friday. He brings to the role his experience as a corporate strategist and core competencies in budgetary and strategic planning, congressional engagement and interagency c...
Merlin has agreed to merge with Bleichroeder Acquisition Corp. I, a special purpose acquisition company backed by Inflection Point Asset Management, in a transaction that would take the autonomous flight technology company public. In a joint release published Thursday, the companies said the boards of directors of Merlin and Bleichroeder have unanim...
Parsons has appointed Michael Hamer, a Department of Defense acquisition and engineering professional, as senior vice president and program director for systems engineering and integration. Hamer announced his new position at the Chantilly, Virginia-based defense technology and infrastructure engineering company in a LinkedIn post published Monday. ...
V2X has agreed to acquire QinetiQ Group’s U.S. federal IT services business as part of efforts to expand its presence in the U.S. intelligence community and national security space. British defense technology company QinetiQ said Tuesday the transaction has an enterprise value of $31 million and is expected to conclude before the end of Septem...
Northrop Grumman will continue providing 120mm Tank Training Ammunition to the U.S. Army under a new deal. The company secured a contract extension for the production of 120mm M865A1 and associated engineering services. The total value of the contract, including options, is $377.7 million, according to a notice posted on SAM.gov. The Army’s Jo...
Peraton has appointed Ravi Dankanikote, a government contracting industry veteran, as its chief growth officer. In his new role, Dankanikote will oversee the development and implementation of the company’s enterprise growth strategy, lead business development efforts, and strengthen customer relationships. “Ravi is not just a growth exec...
Apple has committed to investing another $100 billion in U.S. manufacturing and unveiled a new program to bring more of its advanced manufacturing and supply chain to the U.S. “Today, we’re proud to increase our investments across the United States to $600 billion over four years and launch our new American Manufacturing Program,” ...
Parsons posted $1.6 billion in fiscal year 2025 second-quarter revenue, down 5 percent from the prior-year period, and ended the quarter with a total backlog of $8.9 billion with a book-to-bill ratio of 1.1x on net bookings of $1.5 billion. In an earnings release published Wednesday, the Chantilly, Virginia-based defense and infrastructure eng...
