
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...
The U.S. Air Force has selected Lockheed Martin, Anduril Industries, Northrop Grumman, BAE Systems, L3Harris Technologies and nine other companies to provide space domain awareness capability under a firm-fixed-price, indefinite-delivery/indefinite-quantity contract valued at up to $1.8 billion. Lockheed Martin is a gold sponsor at the Po...
John Sourk, director of federal sales at Abnormal AI, said artificial intelligence could help agencies strengthen email security by identifying behavioral anomalies and detecting email-based threats that traditional defenses miss. “AI tools can determine a baseline for how users typically behave and then identify behavioral anomalies and poten...
Booz Allen Hamilton has finalized its acquisition of Defy Security as part of a push to deliver technology-driven cybersecurity platforms across federal and commercial markets. As Booz Allen advances its cyber capabilities with the Defy Security acquisition, government and industry leaders are continuing the conversation on emerging threats and next...
Katherine Sutton, Department of War assistant secretary for cyber policy, will deliver a keynote address at the 2026 Cyber Summit on May 21 Sutton’s broad experience and leadership in cyber and other critical emerging technologies at the Pentagon, on Capitol Hill and in federal R&D makes her a highly-sought after speaker Get your burning q...
“The Department of War has issued a letter stating that Palantir’s artificial intelligence platform, Maven Smart System, will become an official program of record, Reuters reported Friday. The Pentagon’s move to formalize AI capabilities as programs of record reflects the broader momentum behind digital transformation efforts across th...
Empower AI has appointed Ryan Hopper as vice president and leader of its military services business unit as it continues to deliver artificial intelligence-enabled technology services that support federal and defense missions. The Potomac Officers Club’s 2026 Artificial Intelligence Summit on March 18 will bring together federal and GovCon lea...