The Department of State has approved a potential foreign military sale of AIM-9X Block II Sidewinder tactical missiles and related support equipment valued at an estimated $318.4 million to the government of Denmark. RTX will serve as the principal contractor of the proposed FMS, the Defense Security Cooperation Agency said Wednesday. What Does the ...
A report by financial services company Raymond James reveals that 125 mergers and acquisitions took place in the defense and government market during the third quarter of 2025, a 30 percent increase from the same period the previous year. The November report was issued by Raymond James’ defense and government team, where Sam Maness, a...
Tracey Davies has been appointed chief legal officer, general counsel and corporate secretary at Axiom Space. Davies will leverage her over 25 years of experience in legal, government and private industries in her new roles, the human spaceflight services company said Friday. Davies’ background includes leading teams through disputes and ...
Virtualitics announced on LinkedIn Saturday that Nicole Diresta has been appointed vice president for public policy and planning. Diresta will oversee initiatives to enhance government partnerships, support organizational growth and expand Virtualitics’ role within the artificial intelligence and defense community. “I’m t...
J2 Ventures has closed its $250 million Brookhaven Fund, an oversubscribed early-stage investment vehicle focused on dual-use technologies critical to both U.S. national security and commercial markets. The Boston-based venture capital firm said the fund includes JP Morgan, MetLife, Upsher Management, Alpha Leonis Partners and the State Investment C...
The Department of Homeland Security’s Immigration and Customs Enforcement has started soliciting proposals for a potential two-year, $180 million contract to provide skip tracing services. According to a solicitation notice published Monday on SAM.gov, the indefinite-delivery/indefinite-quantity contract has a one-year base period and on...
Jess Berrellez has joined DLH as its new vice president of health IT strategy & operations. The company said Monday Berrellez will work closely with the corporate growth team to advance strategic cohesion, elevate operational performance and foster innovation throughout the health IT portfolio. She will leverage her proven track record...
Arcline Investment Management has entered into a definitive agreement to acquire Novaria Group, a Texas-based provider of engineered components and specialty processes for the aerospace and defense industries, in an all-cash transaction valued at approximately $2.2 billion. Founded in 2011, Novaria has formed a family of suppliers for commercial and...
BigBear.ai has agreed to acquire Ask Sage, a generative artificial intelligence platform designed for secure deployment of AI models and agentic systems across defense, national security and other highly regulated sectors, for approximately $250 million. In an earnings statement published Monday, BigBear.ai said it expects the transaction to c...
The Defense Information Systems Agency has announced its intent to award a sole-source contract to By Light Professional IT Services for a Full Content Inspection, or FCI, managed service as part of efforts to strengthen the Department of Defense’s cyber defense capabilities. According to a notice published Friday on SAM.gov, the initiative wi...
