IBM has agreed to acquire Cognitus, a Dallas-based SAP services provider, for an undisclosed sum to expand its SAP transformation and artificial intelligence capabilities for government and commercial customers. “SAP is the foundation for so many digital transformations around the world. Clients are turning to trusted partners that know their ...
Defense software company Govini has received a $150 million growth investment from Bain Capital to expand its team of technologists and defense experts, broaden its product offerings and improve its data capabilities to meet the increasing demand across the national security sector. Govini said Monday the investment comes as it surpasses $100 millio...
LevelBlue, a pure-play managed security services company, has entered into a definitive agreement to acquire cybersecurity firm Cybereason. LevelBlue said Tuesday the acquisition aims to strengthen its pure-play MSSP technology by incorporating Cybereason’s advanced extended detection and response platform, digital forensics and inci...
Boeing has secured multiyear contracts worth approximately $2.7 billion to produce additional Patriot Advanced Capability-3, or PAC-3, seekers for the U.S. Army and prime contractor Lockheed Martin. The defense and aerospace contractor said Tuesday the agreements will allow it to deliver more than 3,000 seekers through 2030, increasing annual produc...
Coastal Pacific Food Distributors secured a five-year, $871 million contract from the Defense Logistics Agency Troop Support Subsistence to support warfighters in the Indo-Pacific Command. DLA said Friday the Stockton, California-based company will support U.S. military personnel stationed in Australia, Japan, the Philippines, Singapore and Die...
JPMorganChase has launched a 10-year, $1.5 trillion initiative to invest in industries deemed critical to the country’s defense, infrastructure and technological advancement as part of efforts to strengthen U.S. economic and national security. The financial services firm said Monday the Security and Resiliency Initiative will make direct equity an...
The Federal Enforcement Homeland Security Foundation, or FEHSF, is set to honor three distinguished leaders — Michael Chertoff, Sean Plankey and Srini Attili — at the 2025 Ridge Awards Gala on Oct. 14 in New York City. The annual Ridge Awards Gala brings together leaders from government and industry to celebrate individuals whose leadership, vis...
Amy Gilliland, president of General Dynamics Information Technology, has accepted her 2025 Wash100 Award from Executive Mosaic CEO Jim Garrettson, marking her eighth consecutive recognition as one of the most influential leaders in the government contracting sector. Gilliland’s latest Wash100 win honors her exceptional leadership and strate...
Ron Craig, a government contracting industry veteran, has joined Parsons as vice president and space systems architect. He confirmed his new role in a LinkedIn post Sunday. In his new role, he will lead the company’s efforts to drive innovation, develop and execute growth strategies, and pursue and capture new business opportunities in new markets...
Sigma Defense Systems has finalized the acquisition of Aries Defense, a defense technology company specializing in tactical video and sensor integration for unmanned aerial vehicles and unattended sensors. Integrating Edge ISR Into Olympus Ecosystem Sigma Defense said Monday the acquisition aims to bolster its ISR and CJADC2 capabilities a...
