Razor’s Edge has closed its fourth investment fundraising with $560 million in committed capital, surpassing its original $400 million target and bringing the firm’s total assets under management to more than $1.25 billion. The Reston, Virginia-based growth equity firm said Thursday that the fund will enhance its ability to support missi...
Siemens has announced that Barbara Humpton, president and CEO of Siemens USA, will retire Oct. 1 after 14 years with the company. Ann Fairchild, who has served as Siemens USA general counsel since 2017, will serve as interim president and CEO until a permanent leadership appointment is announced, Siemens said Friday. Fairchild brings more than...
Intelligence professionals have never before had such a bounty of raw data at their fingertips. But they are struggling to manage and leverage such information provided in voluminous amounts by modern ubiquitous sensor technologies. This is a tipping point for the U.S. intelligence community, according to a leading intelligence executive. Glori...
Pete Hegseth, secretary of the Department of Defense and a 2025 Wash100 awardee, has ordered U.S. generals and admirals from across the globe to convene for an urgent meeting on Tuesday morning at the Marine Corps base in Quantico, Virginia, The Wall Street Journal reported Thursday. “The Secretary of War will be addressing his senior...
General Dynamics Information Technology has secured a $1.5 billion contract to modernize enterprise IT systems for U.S. Strategic Command. The award, made in May and structured with a one-year base period and six option years, is intended to strengthen the command’s operational readiness, General Dynamics said Thursday. Enhancing Strategic Det...
The Department of Homeland Security has awarded a CACI International subsidiary a potential five-year, $983 million follow-on blanket purchase agreement for IT support services in support of the DHS Office of the Chief Information Officer. Join us at the Potomac Officers Club’s 2025 Homeland Security Summit, where leaders and experts will expl...
The Naval Facilities Engineering Systems Command has issued a presolicitation notice for the Architect-Engineer Services for Comprehensive Long-Term Environmental Action Navy, or CLEAN VII, contract, which has a potential value of $980 million. CLEAN VII Contract Details According to the draft request for proposal posted on SAM.gov Tuesday, NAV...
Vitesse Systems, backed by private equity firm Trive Capital, has completed the acquisition of Spacetime Engineering, a specialist in ground antenna technology for military and commercial satellite networks. Trive Capital said Wednesday the move positions Vitesse as a leading provider of multi-band antenna solutions, which are vital f...
Sabre Systems has won a U.S. Navy contract worth approximately $199.9 million to provide IT modernization, cybersecurity, data and artificial intelligence, cloud, enterprise management, transformation planning and other digital support services. The Department of Defense said Wednesday the Naval Air Warfare Center Aircraft Division in Patuxent River...
KBR will spin off its Mission Technology Solutions, or MTS, segment and form two independent, public companies with distinct products and services. KBR said Wednesday it expects the spinoff to be completed by mid-to-late 2026 through a tax-free transaction, subject to final approval by KBR’s board and other customary closing conditions. ...
