
Versar has gone private after the close of its acquisition by an affiliate of investment firm Kingswood Capital Management via a tender offer of $0.15 per outstanding share and a second-step merger. The formerly publicly traded project management company said Tuesday the new capital structure serves to build on its long-term strategic...
Versar has agreed to be purchased by affiliates of Los Angeles-based private equity firm Kingswood Capital Management through a cash tender offer. Kingswood agreed to buy all outstanding shares of stock in the Springfield, Virginia-based project management company for 15 cents per share and begin the cash tender offer no later than Oct. 6, Versar...
Moody’s is positioning its data, analytics and risk intelligence capabilities as mission enablers for government analysts tasked with identifying financial crime, sanctions risk and supply chain vulnerabilities, according to Masha Muzyka, head of commercial strategy, public sector at the company. Muzyka joined Executive Mosaic Senior Content M...
The U.S. Air Force has awarded Boeing a $2.8 billion contract to modernize the Republic of Korea Air Force’s F-15K Slam Eagle fighter aircraft. Get exclusive insights into strategies and requirements that keep American warfighters ahead of global adversaries at the Potomac Officers Club’s 2026 Air and Space Summit on July 30. Top Air For...
The Air Force Research Laboratory has begun soliciting proposals for a potential eight-year, $10 billion multiple award contract, or MAC, vehicle to streamline the procurement of science and technology research services. As AFRL advances a new contracting vehicle to support science and technology research, industry interest in air and space prioriti...
Emil Michael’s influence over the Pentagon’s technology and innovation enterprise has expanded rapidly in recent months, placing him at the center of major reforms shaping how defense research moves from concept to operational capability. Michael, the under secretary of war for research and engineering, is set to deliver keynote remarks ...
CACI International recorded a 5.7 percent year-over-year growth in revenues to $2.2 billion for the second quarter of fiscal year 2026 and closed the quarter with a total backlog of $32.8 billion, up 3.1 percent from the previous year’s $31.8 billion. CACI is sponsoring the Potomac Officers Club’s 2026 Defense R&D Summit. Explo...
Some Chinese artificial intelligence developers said China’s efforts to catch up with the U.S. in AI are being slowed by a bottleneck in access to advanced chips, The Wall Street Journal reported Thursday. As U.S. policy continues to shape the direction of AI at home and abroad, industry and government stakeholders are watching closely how...