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https://www.youtube.com/watch?v=9G5iY-MzGLc On Dec. 7, 1941, the Japanese surprise attacked Pearl Harbor, Hawaii. President Franklin D. Roosevelt dubbed the attack as ‘a date which will live in infamy....
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...
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General Dynamics Information Technology has secured a U.S. Air Force task order worth $120 million to provide a zero trust cybersecurity platform for the service branch’s bases worldwide. GDIT said Wednesday the Air Force Lifecycle Management Center at Hanscom Air Force Base in Massachusetts awarded the task order under the service’s Nex...
“The Department of War has agreed to invest $1 billion in L3Harris Technologies’ new business to expand the production of solid rocket motors that power U.S. and allied missiles. Under Secretary of War for Acquisition and Sustainment Michael Duffey will participate in a fireside chat at the Potomac Officers Club’s 2026 Defense R&am...
Defense Unicorns has raised $136 million in Series B funding and reached a valuation exceeding $1 billion. How Will Defense Unicorns Use the Funding? The San Antonio, Texas-based company said Tuesday that the capital will support further development of Unicorn Delivery Service, or UDS, a portable, airgap-native runtime platform for packaging, deploy...
The Air Force Research Laboratory has announced plans to compete a potential $999.9 million contract to conduct research and development work on adversary system-of-systems analysis in support of the U.S. Air Force, U.S. Cyber Command and other mission partners. Explore the latest research and innovation in defense and gain exclusive insights from e...
The Department of War administers the Cybersecurity Maturity Model Certification, or CMMC, 2.0 program to strengthen cybersecurity across the defense industrial base, or DIB, and reduce supply chain risk from persistent cyber threats. The Potomac Officers Club’s 2026 Cyber Summit, scheduled for May 21, will convene government and industry...
In January 2025, President Donald Trump issued an executive order to build the Golden Dome, an integrated defense system to protect nations against ballistic, cruise and hypersonic missile threats. The Golden Dome will be a “system of systems,” combining different capabilities to detect, track and intercept threats from an adversary...
